In my experience (Dutchie living near the German border) the car culture of Germany isn't that big; it is mostly the industry. Yes, there are many cars and a few more people driving in big BMW than the Dutch average, but there are quite a few people on bikes too. Also, transit in Germany is quite decent, despite the governments efforts; and, contrary to the Netherlands, it is affordable. Meanwhile the UK cancelled part of their HSR system and the prime minister claims it is a "country of motorists".

Deutsche Bank I don't know about, so you may still be right.