The German automotive industry cut more than 50,000 jobs in one year. Germany's industrial sector has lost over 110,000 jobs.

Under the impact of factors such as additional tariffs imposed by the United States, the German automotive industry is facing a severe test. The latest analysis report from consulting firm Ernst & Young shows that the German automotive industry has cut over 50,000 jobs in the past year, becoming the most severely affected industrial sector. The report shows that as of June 30, the total number of employees in the German industrial sector decreased by 2.1% year-on-year, equivalent to a reduction of approximately 114,000 jobs. Ernst & Young predicts that the trend of job losses in the German industry will continue in the near future. In addition, the turnover of the German industry has been under pressure, with a 2.1% year-on-year decrease in turnover in the second quarter of this year, marking the eighth consecutive quarter of decline. In response, the President of the German Engineering Federation, Kafklat, called for the President of the European Commission, Von der Leyen, to renegotiate the trade agreement between the EU and the United States in an open letter on the 26th.