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helping to provide hands-on forms of education 🏎️ Eric Kendricks is a car enthusiast and is highlighting Acceler8 Automotive Education Program, dedicated to helping youth find careers in the automotive industry. #MyCauseMyCleats | #DallasCowboys

47,773 views • 1 year ago •via X (Twitter)

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🚨🇨🇳🇩🇪 BIG | China has gone from being Germany's biggest automotive success story to its greatest competitive threat. After decades of helping German manufacturers generate enormous profits, China's domestic car industry is now driving one of the deepest crises in the history of Europe's automotive sector. For decades, Volkswagen, BMW, and Mercedes-Benz dominated the Chinese market through joint ventures with local partners, earning billions while helping develop China's automotive industry. Today, that strategy has come full circle. Chinese automakers now produce better-equipped and more affordable electric vehicles, while China's slowing car market has triggered a fierce price war that is squeezing both domestic and foreign manufacturers. German brands, once seen as symbols of prestige, are rapidly losing market share to local competitors. The consequences are now being felt across Europe. BMW has announced 8,000 job cuts in Germany by the end of 2027, Mercedes-Benz is pushing employees to work longer hours without higher pay, and Volkswagen is negotiating plans to eliminate up to 100,000 jobs while closing factories. The crisis is becoming an economic and political challenge for Chancellor Friedrich Merz, with Germany's struggling auto industry emerging as a key issue ahead of upcoming state elections. Once the engine of Germany's industrial strength, the country's automotive sector is now confronting its most serious structural challenge in decades. See the latest updates with us: Visioner

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28,330 views • 2 months ago