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The mood in the sluggish German car industry is deteriorating again, according to a survey published Munich’s Ifo Institute on Monday. In July, the institute’s indicator for the business climate in the automotive industry fell to minus 18.3 points, down from minus 9.5 points in June. “The automotive industry is thus slipping further into crisis,” said Anita Wölfl, an Ifo Institute automotive industry expert. According to the survey, car companies assess both their current situation and their expectations for the next three months as worse than in June. “A significant improvement is probably no…

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