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Crisis in the Car Industry Leads to Job Cuts - 17:30 Live Rheinland Pfalz/hessen
Summary by 17:30live Rheinland Pfalz/Hessen
1 Articles
1 Articles
The economy weakens enormously. Above all, the most important German industrial sector is in the deepest crisis: no matter whether car manufacturers, service providers or suppliers – everyone is affected. The reasons are manifold: the burning-out dictated by politics, cheap competition from China and too high production costs in Germany. As a result, 50,000 jobs in the automotive industry have disappeared within one year. It also looks extremely…
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