China competition hits Germany's car industry hard: Employment at 20-year low
Edited By WION Video Desk
Published: Aug 18, 2026, 18:31 IST | Updated: Aug 18, 2026, 18:31 IST
Germany's automotive sector shed 42,300 jobs over the past year, pushing employment to its lowest level since 2005. Carmakers like Volkswagen and Mercedes-Benz are grappling with falling China profits and growing competition from Chinese EV brands gaining ground across Europe.
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