4 Days
Source:
الاقتصادية
Decline of Made in Germany
German company KED, specialized in manufacturing bike helmets, has announced the complete transfer of its production operations to China due to rising labor and energy costs in Germany, along with increasing competition from cheaper Chinese products. The company has decided to close its German factories, while retaining research and development activities and quality control in Germany. This move comes after the bike helmet industry in Germany has become more vulnerable to competition, primarily due to rising prices—especially following increases in the minimum wage and raw material costs. This decision reflects the broader challenges faced by local manufacturing in Germany and Europe, amid declining protections for the European bike helmet industry and the absence of anti-dumping measures similar to those imposed on the bicycle manufacturing sector.
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