The Automotive Crisis is Escalating in Germany

55,000 Job Losses in Two Years

Robert Bosch, the German giant, has confirmed an additional 13,000 job losses by 2030, representing 3% of its global workforce. This decision illustrates the severity of the crisis shaking the German automotive industry, the country's economic pillar. According to the VDA (German Association of the Automotive Industry), a total of 55,000 jobs have already been lost in the sector over the past two years.

High Costs and Fierce Competition
Manufacturers and equipment suppliers face a challenging situation: falling demand, rising labor and energy costs, and increased pressure from Chinese competitors, notably BYD. Massive investments in batteries have not yet paid off as the transition to electric vehicles is slower than expected. Meanwhile, manufacturers must contend with soaring production costs and tariffs imposed by Washington that make German exports to the United States more expensive.

Volkswagen, Porsche, and Ford Are Downsizing
These job cuts are affecting the biggest players in the industry:

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