Wow, what a pretentious title huh?
Apparently the subject of the song wasn't a film star, or even German. It was a roadie for the Sex Pistols that did do some minor German films. The song is really about texture and sound, like shoe gaze, rather than rocking rhythm or guitar riffs or whatever. The vocals are dreamy, misty and a little echo/reverby; just like the guitar parts. The little lead guitar lick around 1:00 is the most interesting part of the song. Everything else is very basic three chord rock with a mind numbingly boring drum beat.
This video is a Top of the Pops version, but it's the album audio; bands didn't play live on TOTP at the time. Honestly I don't know why this British one hit wonder band gets placed on a list of 1001 songs to hear before you die. I feel like I could have gone a couple of lifetimes without hearing this one.