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Germany’s Mercedes Village - Hit By the Global Downturn
Germany’s Mercedes Village - Hit By the Global Downturn
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Germany’s Mercedes Village - Hit By the Global Downturn
Located on the outskirts of Stuttgart, Gosheim is known as "Mercedes Village", because local auto suppliers and engineering firms made it rich. Gosheim’s 4000 residents benefitted from the 17 million euros in local business taxes collected here in 2008. But, as a result of the economic crisis, companies have no profits to tax.And to make matters worse, Mercedes plans to produce its new C-Class model in the United States. In Gosheim, many firms are fighting for their lives and the village itself is being forced to cut costs.  Report by Marion Hütter.
Channel: Deutsche Welle
Category: Business
Video Length: 287
Date Found: December 16, 2009
Date Produced:
View Count: 0
 
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