"German Car Industry Sputters, Threatening Recession Rebound"

Germany's industrial production fell 1.5% in June, driven by a 3.5% drop in the automotive sector, raising concerns of a potential recession. The construction sector also contributed to the decline. Despite emerging from a recession in the second quarter, the latest data suggests that the slight improvement may not last. The struggling car industry, accounting for 5% of the economy, is grappling with the impact of the pandemic and disrupted supply chains. While new orders in manufacturing showed some growth, the overall outlook for German industry remains challenging, with economists predicting a fall in GDP later this year.