"Germany's auto industry is facing deeper job cuts than previously expected, the German Association of the Automotive Industry (VDA) has warned. VDA President Hildegard Muller told RND that up to 225,000 jobs could be lost by 2035, around 35,000 more than earlier forecasts."
"The outlook depends heavily on future drivetrain policies, with the VDA saying greater technology openness could preserve up to 50,000 jobs in Germany. Muller said the shift from combustion engines to electric vehicles is already hitting suppliers hardest."
"The VDA warned that without changes to EU rules, a further 50,000 jobs could be at risk due to planned limits on combustion engine vehicles. Muller also pointed to broader economic pressures and a "serious and persistent location crisis" in Germany and Europe as contributing to the negative trend."
"Conditions are continuing to deteriorate, she said, pointing to high taxes and levies, expensive energy, high labor costs, and excessive bureaucracy."
The German auto industry faces deeper job cuts than expected, with up to 225,000 jobs potentially lost by 2035. This figure is about 35,000 higher than earlier forecasts. The impact depends heavily on future drivetrain policies, and greater technology openness could preserve up to 50,000 jobs in Germany. The transition from combustion engines to electric vehicles is already hitting suppliers hardest. Without changes to EU rules, planned limits on combustion engine vehicles could put an additional 50,000 jobs at risk. Broader economic pressures also contribute, including a serious and persistent location crisis driven by high taxes and levies, expensive energy, high labor costs, and excessive bureaucracy.
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