Automotive Industry

https://archive.is/oeVig

The narrative seems to be that cheap Chinese cars threaten the rest of the worlds automotive industry.

A slightly different hypothesis: Car needs are increasingly different between regions. To exaggerate it: US wants huge pickups, Germany wants fast sedans, China wants cars with entertainment in traffic jams. Since manufacturers are heavily influenced by their home country, they do worse elsewhere now.

Unfortunately, there seems to be no english source. Google Translate Link:

Further details on the Drive Pilot (Level 3) update for the EQS and S-Class will be available in mid-September 2024.

The update is also carried out via OTA (Over the Air Update) for the existing vehicles (which are already in the hands of customers).

The most important update is the increase in speed from the current 60 km/h to 95 km/h.

The last condition will be removed with the update at the end of 2024. However, since you need a vehicle in front, updating the speed to 95 km/h is essential, because at 60 km/h every other car will drive away from you.

So you can now theoretically hang behind a truck and activate the system, check emails, watch TV or surf the Internet.

WTF is with that video?