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German Auto Industry Faces 2025 Crisis: Bankruptcies, Layoffs, and EU Emission Rules
Germany's auto industry faces a 2025 crisis: supplier bankruptcies (e.g., Gerhardi Plastics), mass layoffs (over 50,000 projected by 2030), weak demand, and EU emission rules (15 billion euro potential fines) threaten its competitiveness. Major automakers' Q3 2024 profits fell dramatically (BMW: -84...
German Auto Industry Faces 2025 Crisis: Bankruptcies, Layoffs, and EU Emission Rules
Germany's auto industry faces a 2025 crisis: supplier bankruptcies (e.g., Gerhardi Plastics), mass layoffs (over 50,000 projected by 2030), weak demand, and EU emission rules (15 billion euro potential fines) threaten its competitiveness. Major automakers' Q3 2024 profits fell dramatically (BMW: -84...
Progress
44% Bias Score
Decent Work and Economic Growth