German Automotive Industry Reels from US Tariffs, Resulting in Over 50,000 Layoffs
2025-08-27 / Read about 0 minute
Author:小编   

The German automotive industry is grappling with significant challenges stemming from U.S. tariffs. According to the latest report by Ernst & Young, the sector has experienced a net loss of approximately 51,500 jobs over the past year, representing nearly 7% of its workforce, making it the most severely impacted industrial sector.