According to new estimates by the German automotive industry association VDA, as many as 225,000 jobs related to the automotive sector could disappear in Germany by 2035.
The German automotive industry has faced new difficulties in the supply of microchips due to the sanctions policy of the European Union (EU). This was reported by the Handelsblatt newspaper on May 18.
German auto industry exports to China plunged by a third last year as the country's manufacturers face fierce local competition, a study showed Friday, underscoring the sector's deepening crisis. As ...
The automotive industry in Germany, once the backbone of Europe’s biggest economy, is in a rapid decline. In the past year, the German car... Struggling German Industry Turns to Defense Manufacturing ...
The climate left is achieving its goal of de-industrialization.
Bosch will cut 13,000 jobs in Germany to save €2.5 bn, citing weak demand, rising costs, Tesla-BYD competition, and Trump's ...
Frankfurt's biennial International Auto Show (IAA) opens its doors to the public Thursday, but major foreign carmakers are staying away while climate demonstrators march outside -- forming a microcosm ...
BERLIN, Feb 10 (Reuters) - Germany's standing as ‌an automotive industrial hub risks being ‌hollowed out as investments and jobs drift abroad, an industry association warned on Tuesday, calling on ...
Rheinmetall said it had signed an agreement with the Munich-based investment firm Aequita, which will buy the division for a ...