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Germany's economy

January 9, 2025

The German economy remains in recession. A crisis in the country's automotive industry puts thousands of jobs on the line, affecting suppliers. While the industrial sector is grappling with high energy prices.

https://p.dw.com/p/4oz7n
Robots in VW's Wolfsburg production plant
Germany's industrial sector is strugglingImage: Julian Stratenschulte/dpa/picture alliance

Germany's all-important automotive industry is struggling amid a transition to electric vehicles, which has led to reduced demand for steel. The steel industry is grappling with high energy prices while facing intense competition from cheaper steel imports from Asia. Thousands of industrial jobs are on the line in Germany. 

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