Latest / The European Economy Podcast with Fexingo: ECB, Eurozone, and Continental Markets
Why Eurozone Car Makers Are Moving Production to the US
Episode 108 of The European Economy Podcast digs into a quiet exodus: European automakers are shifting final assembly lines to the United States. Hosts Lucas and Luna examine how the US Inflation Reduction Act, combined with a strong dollar and European energy costs, has flipped the economics of carmaking. They focus on one concrete case: Volkswagen's decision to build a new battery plant in South Carolina and the ripple effects on the German supply chain. With euro-area industrial production flat and the trade-weighted dollar at 120.7, the episode asks whether this is a temporary…
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