German auto body says 9 out of 10 companies in its survey consider Germany to be uncompetitive

VDA’s current survey reveals high electricity prices and shortage of workers is the greatest challenge for automotive supply industry

VDA or the German Association of the Automotive Industry said in a press release dated 15 February that around 9 out of 10 companies (88%) consider Germany to be internationally uncompetitive in terms of energy costs, labor, and tax burden.