Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Europe enters winter with lowest gas storage since 2013

    November 4, 2026

    Putin allows temporary use of foreign data centres

    November 3, 2026

    Supermarket fridges hit by cyberattacks in six EU countries

    November 3, 2026
    Glasgow TribuneGlasgow Tribune
    • Home
    • Contact Us
    • Automotive

      Jaguar Type 01 electric GT debuts with 1,030 PS

      October 7, 2026

      German automaker Porsche extends site guarantees until 2035

      July 28, 2026

      FIA renews push for V8 engines in Formula 1

      July 4, 2026

      Electric car discounts narrow in German market

      May 30, 2026

      Porsche reveals bespoke 911 GT3 RS in Macadamiametallic

      May 16, 2026
    • Business

      Euro area GDP grows 0.4% in third quarter of 2026

      November 2, 2026

      Russia earns 722 billion roubles from dividends this year

      October 30, 2026

      Gold edges up to $4,061 ahead of Fed decision

      October 29, 2026

      Banks and Blackstone arrange $63 billion for Broadcom AI chips

      October 27, 2026

      Audi commits $4.2 billion to first US plant in Georgia

      October 26, 2026
    • Entertainment

      Generative AI in entertainment advances beyond Affleck’s view

      January 27, 2026

      Apple Arcade adds Jeopardy and NFL games in September update

      August 19, 2025

      Marvel’s Fantastic Four opens strong with 57 million dollars

      July 27, 2025

      Disney and Marvel’s R-rated film hits billion-dollar milestone

      August 17, 2024

      Web3 leader Immutable rolls out $50M gaming rewards initiative

      April 27, 2024
    • Health

      The 2026 Nobel Prize in Medicine Highlights Groundbreaking Advances in Optogenetics

      October 6, 2026

      Study Reveals Environmental and Lifestyle Factors Accelerate Biological Aging as of 2023

      October 3, 2026

      October 2023: WHO Releases New Heat Risk Management Guidance for Large Events

      October 2, 2026

      April 2024: Natural Compound Derived from Pomegranates Shows Promise in Enhancing Heart Function in HFpEF Patients

      October 1, 2026

      As 2026 El Niño Approaches Peak, WMO Calls for Urgent Health Preparedness in December

      September 24, 2026
    • Lifestyle

      Adidas launches You Got This campaign on sideline support

      March 3, 2026

      JP Morgan funds Fresha with $31 million for AI and robotics growth

      August 23, 2024

      Adidas, Highsnobiety debut limited-edition sneakers

      January 6, 2024

      Unraveling Starbucks’ phenomenon as a worldwide coffee powerhouse

      September 1, 2023

      How Nike’s Kobe 8 Protro Halo Marks an Emotional Milestone

      August 29, 2023
    • Luxury

      Price hikes and lack of innovation erode luxury market confidence

      November 18, 2024

      Uncover the allure of Rolex Deepsea – luxury awaits.

      April 10, 2024

      Beyond timekeeping to the prestige of the Rolex Day-Date

      March 2, 2024

      Rare uncut emerald dazzles at Sharjah show

      February 1, 2024

      Porsche and Frauscher launch the electric 850 Fantom Air

      October 17, 2023
    • News

      Europe enters winter with lowest gas storage since 2013

      November 4, 2026

      Supermarket fridges hit by cyberattacks in six EU countries

      November 3, 2026

      EU and Canada launch strategic alliance at Montreal summit

      October 31, 2026

      EU provides €32.3 billion in climate finance for 2025

      October 30, 2026

      Greenhouse gas levels hit new record in 2025, WMO says

      October 28, 2026
    • Sports

      Spain knock Portugal out of FIFA World Cup

      July 7, 2026

      Haaland double sends Norway past Brazil in World Cup

      July 6, 2026

      Egypt advance after shootout win over Australia

      July 4, 2026

      Spain advances after 3-0 World Cup win over Austria

      July 3, 2026

      England beats Congo DR 2-1 in World Cup comeback

      July 2, 2026
    • Technology

      Putin allows temporary use of foreign data centres

      November 3, 2026

      Apple iPhone Duo redefines foldables with passport design

      November 2, 2026

      Apple brings OLED and Touch to new MacBook Pro

      October 29, 2026

      Integrated Identity Ranks in Top 0.1% with Flawless 100/100 Google PageSpeed

      October 29, 2026

      MWS AI launches Cowork agent for Russian office tasks

      October 28, 2026
    • Travel

      In the First Half of 2026, EU Tourist Overnight Stays Reach 1.321 Billion

      September 7, 2026

      First Half of 2026 Sees EU Tourist Stays Hit 1.321 Billion

      September 3, 2026

      First Half of 2026 Sees 2.5 Million Foreign Tourists Visiting Russia, Official Data Shows

      September 2, 2026

      Effective from this week: Shropshire offers free weekday bus travel to disabled pass holders

      August 22, 2026

      In December, Etihad introduces direct flights from Abu Dhabi to Gothenburg

      August 13, 2026
    Glasgow TribuneGlasgow Tribune
    Home » German auto sector loses over 50000 jobs in one year
    Automotive

    German auto sector loses over 50000 jobs in one year

    August 26, 2025

    Germany’s automotive sector has eliminated more than 51,000 jobs over the past year, according to a report published Monday by consulting firm Ernst & Young (EY), as Europe’s largest economy struggles with declining exports, rising costs and an extended period of industrial weakness. The EY study found that employment across the country’s automotive industry declined by 6.7 percent year-on-year in the second quarter of 2025. This represents a net reduction of approximately 51,500 positions, the steepest workforce contraction across Germany’s core industrial sectors.

    German auto sector loses over 50000 jobs in one year
    German automakers Mercedes-Benz Group, Volkswagen and Continental AG cut jobs amid export drops. Credit – Mercedes-Benz.

    The broader industrial workforce also shrank. Total employment in Germany’s industrial sector dropped by 2.1 percent in the same period, bringing the number of workers to 5.43 million. Since 2019, the sector has shed nearly 245,500 jobs, a 4.3 percent reduction, reflecting sustained economic challenges facing German manufacturing. Germany’s automotive industry, historically one of its most competitive export sectors, has come under significant strain. Major manufacturers such as Mercedes-Benz, Volkswagen and Continental have implemented workforce cuts in response to slowing international demand and growing pressure on margins.

    The contraction in auto sector employment surpasses losses recorded in other manufacturing segments. The latest data underscore the difficulties German automakers face amid a costly transition to electric vehicles, high input prices and weaker overseas demand. The report also points to declining exports as a contributing factor. German exports to the United States fell by 10 percent over the past year, while exports to China dropped 14 percent. Both countries are key destinations for German-made vehicles and automotive components.

    Mercedes, Volkswagen and Continental reduce staff

    Germany’s economy contracted by 0.3 percent in the second quarter of 2025, a sharper decline than the initial estimate of 0.1 percent. The downturn follows stagnation in the previous quarter and a subdued performance throughout the past year. EY’s analysis highlights the continued pressure facing industrial employers. Companies have reduced hiring and delayed expansion plans due to concerns over energy prices, policy uncertainty and slowing global demand. The study relies on official labor statistics and corporate filings through July 2025.

    While services and construction sectors have demonstrated some resilience, the decline in manufacturing has weighed heavily on overall employment trends. Industrial companies have cited regulatory burdens, elevated energy costs and slower digital transformation as ongoing operational challenges. Germany’s industrial model, long built around high-value exports and a skilled manufacturing base, is undergoing a period of adjustment.

    Germany faces persistent industrial headwinds

    The job losses reported by automotive firms reflect broader efforts to restructure operations in response to market and technological changes. Continental, one of Germany’s largest automotive suppliers, and other parts manufacturers have also been affected, aligning their workforce strategies with lower production volumes and changing global demand dynamics. According to the report, no forward-looking projections were included.

    The data was compiled based on reported employment levels across key industrial employers and government labor data. The results illustrate the scale of the structural and cyclical pressures affecting Germany’s industrial base, particularly its automotive sector. The sharp decline in employment among carmakers and suppliers signals a period of continued stress for one of the country’s most vital industries. – By EuroWire News Desk.

    Share. Facebook Twitter Pinterest WhatsApp Bluesky LinkedIn Tumblr Reddit Telegram

    Related Posts

    Italy’s Economic Outlook for 2026 Elevated by Central Bank in October Update

    October 19, 2026

    MENA Newswire Expands Network with Eurasian Newswire

    October 15, 2026

    Jaguar Type 01 electric GT debuts with 1,030 PS

    October 7, 2026

    By October 2023, France and Germany Push for Enhanced EU Trade Defense Authority

    October 7, 2026

    Russia Aims for 662 Million Tonnes of Coal Production by 2050 in New Industry Plan (2024-2050)

    October 1, 2026

    Germany Plans to Implement Fuel Tax Reductions Starting October 2023

    September 22, 2026
    Latest News

    Europe enters winter with lowest gas storage since 2013

    November 4, 2026

    Putin allows temporary use of foreign data centres

    November 3, 2026

    Supermarket fridges hit by cyberattacks in six EU countries

    November 3, 2026

    Apple iPhone Duo redefines foldables with passport design

    November 2, 2026

    Euro area GDP grows 0.4% in third quarter of 2026

    November 2, 2026

    EU and Canada launch strategic alliance at Montreal summit

    October 31, 2026

    Russia earns 722 billion roubles from dividends this year

    October 30, 2026

    EU provides €32.3 billion in climate finance for 2025

    October 30, 2026
    © 2026 Glasgow Tribune | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.