Friday, August 26, 2011

German Auto Industry's Progress Threatened by Lack of Engineers

Despite the global economic crisis, German automakers are reporting record profits and sales in the first half of 2011. Therefore, if they can prosper under such dire conditions, then the future looks more than bright, correct?

Well, while true, the German auto industry is actually facing one little tiny problem that seems to be slowing their expansion plans: a shortage of engineers to design the new cars they intend to produce. The reasons for this shortage are the aging, thus slowly but steadily retiring, workforce and the loss of interest in technical studies by the young.

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