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Americans feel your pain, given the subsidies German automakers have received to build plants in our country over the decades. Mercedes got $260m in Alabama in
by adventured 4y ago
Americans feel your pain, given the subsidies German automakers have received to build plants in our country over the decades.
Mercedes got $260m in Alabama in the early 1990s, BMW got $150m in South Carolina in the early 1990s, Volkswagen got $570m in the late 2000s in Tennessee. That's close to $1.6 billion inflation adjusted from just three examples of it.
The US economy is six times the size of Germany's economy, so those are massive subsidies in relation.