Iran War Caused Deterioration of German Auto Industry Sentiment in April

Published: May 6, 2026 15:26

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[German Auto Industry Sentiment Further Weakened by Iran War] The Ifo Institute said that sentiment in Germany's automotive industry deteriorated further in April, as the Iran war intensified uncertainty and caused energy prices to surge. The institute said the business climate index for Germany's automotive industry fell from minus 19 points in March to minus 23.8 points, with enterprises taking a significantly more pessimistic view of the months ahead.

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