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Made in Germany

European Car Market in Crisis

While globally positioned automakers such as VW, BMW and Daimler are celebrating record sales, carmakers concentrating on Europe are in deep trouble. It's not only the Eurozone crisis that's to blame. The European market has shrunk by 20 percent since 2007. About 3 million fewer cars a year are being sold. Ford, Opel and Peugeot have to close down factories. Fear is rife.

Watch video 03:07

Will 2013 be a fateful year for the industry?

Report by Kerstin Schweizer.