German Auto Job Losses Mount

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The VDA expects German car industry job losses to reach 225,000 by 2035, blaming high costs, bureaucracy, and the tough transition to electric vehicles.
Back to articles

Actual Topics

Fri, 15 May 2026 18:30:06 GMT

US Retail Sales Lifted by Refunds

US retail sales rose 0.5% in April as tax refunds cushioned spending, but soaring energy costs from the Iran war drove import prices up 1.9%.

Fri, 15 May 2026 06:15:42 GMT

US-China Summit Concludes

Trump announced "fantastic trade deals" at the Beijing summit, highlighting a Chinese offer to assist in reopening the Strait of Hormuz.

Fri, 15 May 2026 12:30:08 GMT

VW Unions Reject Closures

Volkswagen labor leaders firmly blocked German plant closures. To fix overcapacity, they are open to defense deals or sharing sites with Chinese firms.

To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.