Mechanical engineering exports to the USA"Made in Germany" not damaged
According to the VDMA, German mechanical engineering companies are optimistic: despite the VW emissions scandal, they expect more business with the USA, the partner country of the 2016 Hannover Messe, in 2016. However, the VDMA warns against too much euphoria.
... traditionally very broadly diversified, according to the association. Drive technology, conveyor technology, construction and building material machinery, agricultural technology, machine tools and food and packaging machinery are among the sectors in demand. The VDMA assumes that customers from the American automotive and mechanical engineering industries in particular will increase their orders from German companies. Around a third of the companies surveyed consider an investment backlog to be an important factor in increasing demand from America. The respondents see a re-industrialization of the American economy. Although this is reflected in the statistics ...