Roundup: EU tariffs would hurt German car industry amid worsening business sentiment

BERLIN, June 5 (Xinhua) -- The business climate in Germany's automotive industry took a turn for the worse in May, as the corresponding indicator dropped to minus 8.6 points from minus 2.4 points in April, according to a new industry report.

For the first time since October 2022, German car manufacturers and their suppliers assessed their current business situation negatively, and "remain pessimistic for the com