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According to the employers' association Sachsenmetall, the situation in the metal and electrical industry in the Free State of Saxony is coming to a head. The situation is being compared to the coronavirus pandemic and financial crisis.
The car factories in eastern Germany are pioneers when it comes to e-cars. If the transition to electric mobility on Europe's roads is delayed, the industry there will be particularly hard hit, warns a study.
The automotive industry and its suppliers are under pressure. Chancellor Scholz can imagine promoting electric cars and is calling for a European solution.
E-mobility is booming worldwide - but not in Germany. In Saxony, too, the number of electric car registrations fell significantly last year. A missed opportunity, according to experts.
Trinity was regarded as the flagship project of former VW boss Diess, but the e-car is a long time coming. The model of the future still needs a few more years.
Trinity was regarded as the flagship project of former VW boss Diess, but the e-car is a long time coming. The model of the future still needs a few more years.
The technology group Bosch is planning to cut around 3,500 jobs globally at its household appliance division BSH by the end of 2027, including 450 in Germany.
The automotive supplier Vitesco has earned significantly more in its day-to-day business. For the year as a whole, the Regensburg-based company achieved earnings before interest and taxes of 341.1 million euros, adjusted for special effects, as announced on Friday. This was a good half more than in ..
More vehicles were produced in Saxony's car factories in 2023 than in the previous year. The number rose by ten percent to 560,000, the Ministry of Economic Affairs and the Automotive Suppliers Network Saxony (AMZ) announced on Sunday. With 253,000 e-cars, electromobility fell somewhat short of expe ..