Yes it did.
Germany's GDP and manufacturing output did not hit pre-war levels until the late 1980's. Final clearing of bombed out shells didn't end until 1990. The war had a profound effect on Germany.
Germany concentrates on high tech, high value added manufacturing products. A good national strategy.
BTW 60% of BMW's sold in Germany are produced in Alabama and shipped to Germany.
During that time, US manufacturing was still in the range of close to 40 percent of total economy. A lot has changed in 20+ years.
Germany's GDP and manufacturing output did not hit pre-war levels until the late 1980's
They also have a lot of small businesses across a very large spectrum of industries. They didn't become the world's largest exporter for nothing (only eclipsed by China last year, but that can't last).
Germany concentrates on high tech, high value added manufacturing products. A good national strategy