2025-03-14 05:40:10

German Auto Suppliers Cautiously Postpone Investments

The current economic landscape is compelling German auto suppliers to reassess their investment strategies. Approximately 75% of these companies are considering postponing or canceling planned investments due to soaring labor costs and energy prices.

VDA Chairwoman Hildegard Müller highlights the detrimental influence of US tariff policies, cautioning against their potential harm to Germany's automotive sector. Additionally, many firms are grappling with low growth expectations and are contemplating relocating operations abroad.

As the industry faces these challenging conditions, the outlook remains uncertain, with a significant portion of businesses bracing for potential insolvencies. Despite these adversities, there is cautious optimism, as developments in geopolitical tensions and financial aid packages may provide some relief.

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gmx
14. März 2025 um 03:03

More automotive suppliers postpone investments

Economy
The German automotive suppliers are holding back on investments due to the poor economic conditions. Around 75 percent of the companies plan to postpone, relocate or completely cancel investments.
Tagesspiegel
14. März 2025 um 03:02

Industry Crisis: More Auto Suppliers Postpone Investments

Economy
Finance
Politics
Auto suppliers are postponing investments due to high labor costs, low sales expectations, and concerns about US tariffs. Many are planning to relocate abroad and are affected by high energy prices.
t-online
14. März 2025 um 03:00

More automotive suppliers are postponing investments

Economy
Finance
The economic crisis and poor framework conditions are leading German automotive suppliers to hold back on investments. Around 75 percent of companies plan to postpone or completely abandon their investments. VDA chairwoman Hildegard Müller warns of negative effects on the location Germany and calls for less bureaucracy and lower corporate taxes. The Union and SPD have announced the retirement age of 63. The Rheinmetall CEO dispels concerns about the dependence on Trump's US tariff policy. US t..
CW

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