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As Germany's automotive sector faces growing challenges, companies like Mercedes-Benz and Volkswagen are exploring potential ventures into the defence industry, with Mercedes-Benz CEO Ola Källenius expressing openness to supporting Europe's defence efforts, while defence firms are eyeing idle automotive factories and skilled workers, although analysts remain skeptical about the defence sector's ability to compensate for the automotive industry's decline. #AutomotiveIndustry #DefenseSector #EconomicShift #DE #EU #US #CN #SE

Mercedes could support Europe's defence sector, CEO says