Thanks, Vladimir. Currently Germany's public opinion is dominated by the efforts to save the car producer Opel. Opel is a subsidiary of GM and probably not known in the U.S., but in Germany Opel is a direct competitor of Volkswagen and Ford. To my mind, as long as the situation around Opel is not resolved, any bounce back of the DAX is unlikely. Rodryk
Thanks, Vladimir.
ReplyDeleteCurrently Germany's public opinion is dominated by the efforts to save the car producer Opel. Opel is a subsidiary of GM and probably not known in the U.S., but in Germany Opel is a direct competitor of Volkswagen and Ford. To my mind, as long as the situation around Opel is not resolved, any bounce back of the DAX is unlikely.
Rodryk
thanks Vladimir for the post, really insightful and helps a lot.
ReplyDeleteRodryk, Opel produces small and midsize cars, which are viewed of lower quality than the ones of VW in the German public opinion. Thanks.
ReplyDelete