European automakers are facing increasing challenges as borrowing costs rise, demand for electric vehicles (EVs) weakens, and the global economy remains sluggish. Recent reports from industry groups have highlighted shrinking profit margins and declining revenue for automakers, particularly in Europe. These issues have raised concerns about the future of automotive jobs and the sector’s stability.
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Container Shipping Costs Drop Amid Sluggish Demand
After a steady rise in global container shipping rates, recent months have seen a notable decline, with rates from China to the U.S. dropping by