Germany’s Auto Industry Faces Decline
Last month, the business environment in Germany’s auto sector worsened as companies reported a more challenging operating landscape, although expectations suggest a slowdown in industry-wide layoffs.
Manufacturers in Germany described their current business conditions as significantly worse than in February, yet they expressed a more positive outlook for the months ahead, said Anita Wolfl, an industry specialist at ifo.
Despite remaining negative, the order backlog for the German automotive sector showed continuous improvement, reaching minus 13.5 points in March, following a steady upward trend since September 2025.
At the same time, optimism emerged from export expectations, which climbed for the fourth consecutive month to 30.7 points, according to the report.
The German auto industry has felt the impact of a massive wave of layoffs since 2022, but the pace of workforce reductions appears to have stabilized as of last month.
The ifo report indicated that employment expectations in the automotive sector improved substantially, rising from minus 44 points in February to minus 19.8 points in March.
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