Lemmy.World

169,094 readers
9,714 users here now

The World's Internet Frontpage Lemmy.World is a general-purpose Lemmy instance of various topics, for the entire world to use.

Be polite and follow the rules ⚖ https://legal.lemmy.world/tos

Get started

See the Getting Started Guide

Donations 💗

If you would like to make a donation to support the cost of running this platform, please do so at the following donation URLs.

If you can, please use / switch to Ko-Fi, it has the lowest fees for us

Join the team 😎

Check out our team page to join

Questions / Issues

Questions/issues post to
To open a ticket
Reporting is to be done via the reporting button under a post/comment.
Additional Report Info HERE
Please note, you will NOT be able to comment or post while on a VPN or Tor connection

More Lemmy.World

Follow us for server news 🐘

Chat 🗨

Alternative UIs

https://a.lemmy.world - Alexandrite UI
https://photon.lemmy.world - Photon UI
https://m.lemmy.world - Voyager mobile UI
https://old.lemmy.world - A familiar UI

Monitoring / Stats 🌐

Service Status 🔥

https://status.lemmy.world

Lemmy.World is part of the FediHosting Foundation

founded 2 years ago

ADMINS

German manufacturers warn of the sector's 'formidable crash' (www.bbc.com)

submitted 5 days ago by [email protected] to c/[email protected]

1 comments fedilink

cross-posted from: https://lemmy.world/post/22163141

Summary

German manufacturers warn of a severe economic crisis driven by high energy costs, inflation, labor shortages, bureaucratic burdens, and declining demand in key markets like China.

The manufacturing sector, including firms like Volkswagen, Beckhoff Automation, and Ziehl-Abegg, faces stiff competition from China’s booming exports, especially in electric vehicles.

Political instability and inconsistent government policies have worsened the outlook, leading to job loss fears and restructuring.

German manufacturers warn of the sector's 'formidable crash' (www.bbc.com)

submitted 5 days ago by MicroWave to c/world

6 comments fedilink

Summary

German manufacturers warn of a severe economic crisis driven by high energy costs, inflation, labor shortages, bureaucratic burdens, and declining demand in key markets like China.

The manufacturing sector, including firms like Volkswagen, Beckhoff Automation, and Ziehl-Abegg, faces stiff competition from China’s booming exports, especially in electric vehicles.

Political instability and inconsistent government policies have worsened the outlook, leading to job loss fears and restructuring.