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Cake day: March 6th, 2025

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    The why from the article: "According to the German statistical office, the “sharp decline” in car production was in part caused by the later timing this year of annual closures at car plants for holidays, as well as production changeover.

    But a profit warning by German carmaker BMW late on Tuesday was the latest reminder of the industry’s structural challenges as it struggles with the transition to battery cars, weak sales in China, competition from Chinese rivals and US import duties.

    Germany’s economy has been stuck in stagnation for more than three years."