Politics
Ifo Institute: Optimism in the German Automotive Industry Grows
The Ifo Institute reports an increasing demand for the electric vehicle bonus, particularly among middle-income households.
According to the Ifo Institute, sentiment in the German automotive industry is becoming more optimistic. In particular, demand for the electric vehicle bonus has increased.
Middle-income households are especially benefiting from the bonus, contributing to the recovery of the sector. Economic prospects are thus seemingly improving overall.