Industry - Supplier network warns of job losses in the automotive industry
Following the abrupt end of e-car subsidies, the Saxon car supplier network AMZ has warned of job losses. With its current economic policy, the federal government is making itself untrustworthy and destroying the automotive industry, criticized network manager Dirk Vogel on Monday. "For years, it has been preached that the ecological conversion can only succeed by switching to e-vehicles." As a result, the automotive industry has rebuilt its production at great cost.
With the discontinuation of subsidies, the purchase of these vehicles will now become even more expensive, Vogel stated. This will lead to falling sales and job losses. "The employees at the Zwickau vehicle plant and the suppliers will certainly not thank the federal government for this support." VW in Zwickau has already made cuts this year due to weakening demand - the plant is a pure e-car factory.
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- Despite the warnings from the Saxon car supplier network AMZ about potential job losses in the automotive industry due to the end of e-car subsidies in Germany, the federal government continues to maintain its current economic policy.
- The Director of Electro component manufacturer OST in Dresden, situated in the German state of Saxony, expressed concerns about the impact of job losses in the automotive industry on their household suppliers.
- The discontinuation of subsidies for electric vehicles by the Federal Government has raised concerns in the industry, particularly in Saxony, where the automotive sector contributes significantly to its economy and provides numerous jobs.
- In light of the job losses in the automotive industry, industry leaders are urging the Federal Government to reconsider its stance on e-car subsidies, arguing that the lack of supportive policies could negatively impact Germany's industrial prowess.
- The Federal Government's decision to withdraw e-car subsidies has caused concern in the German city of Dresden, a hub for the automotive industry and electronics manufacturing, raising questions about the potential impact on local businesses and job stability.
Source: www.stern.de
