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German automakers lost 51,000 jobs as firms shift to defense production amid rising military spending.
Germany’s auto industry has lost over 51,000 jobs—7% of its workforce—in the past year due to inflation, global competition, and shifting demand.
In response, companies like JOPP Group and Deutz AG are pivoting to defense manufacturing, producing military drones, unmanned vehicles, and tank engines.
This shift is fueled by increased European defense spending and changing public attitudes following Russia’s invasion of Ukraine, offering struggling firms a lifeline amid ongoing auto sector challenges.
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Los fabricantes de automóviles alemanes perdieron 51.000 empleos a medida que las firmas cambian a la producción de defensa en medio del aumento del gasto militar.