Part 2/7:
The German automotive industry, particularly its mid-size suppliers, is facing severe challenges that threaten its competitiveness. A recent VDA survey revealed concerning trends:
85% of companies report being heavily burdened by bureaucracy
71% struggle with high electricity costs
37% plan to relocate investment abroad
41% report significant challenges due to lack of orders
45% of companies are currently reducing their workforce
This "ripple effect" through the supply chain could be devastating. The industry is struggling with the transformation towards climate neutrality and digitalization, forcing structural changes.