4 ms·
A significant part of the Mittelklasse is certainly part of the car industry. Maybe BMW, Audi, etc are not that keen on acquiring?
by qznc 9y ago
A significant part of the Mittelklasse is certainly part of the car industry. Maybe BMW, Audi, etc are not that keen on acquiring?
- bluedino 9y agoIn the US, the big three automakers generally don't acquire small companies. A lot of work in the industry is done by companies like Delphi (who also have sites in Germany)
- ChefDenominator 9y agoIIRC, Delphi was spun off as a former division GM.
- qznc 9y agoIs the car industry a significant factor? How does Detroit compare to Germany?
- pluma 9y agoThe term "Hidden Champions" though usually refers to "boring industry" companies like part suppliers, not actual manufacturers of consumer products. Like the one company that practically has a monopoly on manufacturing the plastic part that goes on the end of flat roof drains -- not exactly something to write home about, but still a massively stable market creating plenty of jobs.