fromwww.dw.com
11 hours agoMerz calls auto summit as Germany's carmakers bleed jobs DW 10/08/2025
Never has state support been more critical to the survival of Germany's auto industry . Thursday's Autogipfel ("auto summit," in English) a high-stakes meeting in Berlin of political leaders, automotive executives and unions comes at a moment of deep crisis as the sector faces stagnation, mass layoffs and a rocky transition to electric vehicles (EVs). Once dominant in engineering and brand prestige, the likes of Volkswagen, BMW and Mercedes-Benz now lag behind Chinese rivals in software innovation and adopting EVs. China's BYD, Nio and others are expanding aggressively into the European market, offering cheaper, tech-savvy EVs.
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