Germany – As of late July 2026, banks are tightening lending criteria for German automotive suppliers. Declining orders from automakers […]
Lending practices exacerbate crisis for auto suppliers – banks demand more collateral Read More »
Ludwigshafen – Job cuts at BASF accelerated significantly in the first half of 2026. Since the beginning of 2024, the
Job cuts at BASF: Ludwigshafen workforce falls below 1954 levels Read More »
Böhlen/Schkopau – By late July 2026, the chemical industry crisis in Central Germany is intensifying into concrete industrial downsizing. Dow
Chemicals crisis: Dow shuts down cracker in Böhlen – China intensifies price pressure Read More »
The Federal Cartel Office intends to investigate how fuel prices in Germany are determined, but two of the twelve oil
In late July 2026, Munich and Stuttgart are reporting a new setback for the German automotive industry. The automotive crisis
Auto industry crisis deepens: BMW and Porsche plan to cut around 13,000 jobs Read More »
Alzey and Ingelheim – In early June 2026, Eli Lilly and Boehringer Ingelheim significantly cut their investment plans for their
Germany as a Pharmaceutical Hub: Lilly Halves Alzey Plant, Boehringer Cuts 900 Million Read More »
Neustadt bei Coburg is set to lose a long-established toy manufacturer on December 31, 2026. Rolly Toys is ceasing production
Rolly Toys closes German plant: 113 employees lose their jobs Read More »
Bietigheim-Bissingen – Job cuts at Dürr are affecting around 500 employees worldwide at its subsidiary, BBS Automation. The group announced
Job cuts at Dürr: 500 jobs lost – four German sites affected Read More »
Automotive supplier Albert Weber faces the potential closure of three plants in Markdorf, Neuenbürg, and Magdeburg in July 2026. Porsche
Up to 600 jobs at risk: Albert Weber faces three plant closures Read More »
Key creditors intend to call in their loans and break up the battery manufacturer, leaving Varta facing collapse. The lenders
Varta facing collapse: Creditors want to break up the battery manufacturer Read More »
Munich, July 22, 2026: Job cuts at O2 will affect up to 1,100 full-time positions in Germany by the end
Job cuts at O2: 1,100 jobs and 60 company-owned stores to go Read More »
In July, Beijing reported a 27 percent increase in Chinese exports compared to June 2025; however, analysts had expected only
Chinese exports rise by 27 percent – Germany’s trade deficit grows Read More »
Berlin – A new Bertelsmann study reveals a growing skills gap in the German labor market. In 2025, there were
Immenstadt – Adhesive tape manufacturer Monta filed for insolvency proceedings under self-administration with the Kempten Local Court on July 16,
Adhesive tape manufacturer Monta files for insolvency – 150 jobs depend on investor Read More »
The exodus of the automotive industry from Germany is accelerating in 2026. Manufacturers and suppliers are shifting the production of
