German Automotive SMEs' Sombre Outlook
This is a Germany news story, published by Just Auto, that relates primarily to the German Association of the Automotive Industry news.
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sized automotive companiesJust Auto
•German automotive SMEs face economic challenges
82% Informative
A recent survey by the German Association of the Automotive Industry (VDA) reveals a sombre outlook among German automotive small and medium-sized enterprises (SMEs) for the year 2025 .
Half of companies in Germany have not met their economic performance expectations for 2024 .
Over half of the companies are reducing their workforce in Germany , while 14% are hiring.
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