The destructive power of the financial crisis became clear last year. Its effects have by now been transmitted to other industries. It is no surprise that manufacturing is also caught in the global whirlwind.
Manufacturing is a big employer and tends to be very visible, concentrated in places like Detroit, Stuttgart and Guangzhou. Like the banking industry, it is now also asking for help.
This section describes how the global economic downturn affects the manufacturing industry, with a focus on the automotive and chemical sector.