Yes, mostly you are right, nowadays. Problem is, imho, only in 2007 or 2008 China surpassed Germany in production (I can't find a source atm, just from memory).

Yes, mostly you are right, nowadays. Problem is, imho, only in 2007 or 2008 China surpassed Germany in production (I can't find a source atm, just from memory). That would have been the right time for the EU involvement, but they took 5 more years where German manufacturers were hung out to dry.