That's right.
German politics should dial down how seriously they take the CEO's lobbying, who have a deplorable track record of short-termism and geopolitical naivite - and make policy based on evidence and what is good for the country.
The last thing you will hear a German industrialised say is that they made mistakes.
The German car industry taught China how to build cars, thought diesel was a forever technology, and dropped their own quality - massive own goals.