Germany’s Auto Giants Are Going Electric — But It Won’t Save Jobs

Germany’s Auto Giants Are Going Electric — But It Won’t Save Jobs

Volkswagen employee checks an ID.3, a new electric model, in the light tunnel of the Transparent Factory in Dresden. (Photo by Matthias Rietschel / picture alliance via Getty Images) German auto production employs around eight hundred thousand people — with a further 1.8 million jobs indirectly linked to the industry. But even these figures don’t convey quite how important it really is. Apart from the fact that brands like Volkswagen are known the world over, the sector drives industrial knowhow upon which the German economy’s strength relies.

Today, the industry faces severe crisis. Tens of thousands were laid off last […]

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