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The German automotive sector cut approximately 48,700 jobs by the end of the third quarter, marking a 6.3% decline and its lowest employment level since 2011. Economist Sebastian Dullien warned that the drop reflects falling orders and production, urging for a unified European strategy to protect key industries amid competition from the USA and China.

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Berliner Zeitung, 
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SebastianDullien

The German automotive sector cut approximately 48,700 jobs by the end of the third quarter, marking a 6.3% decline and its lowest employment level since 2011. Economist Sebastian Dullien warned that the drop reflects...

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