15:35 - 21.09.2026

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September 21, Fineko/abc.az. German auto workers staged nationwide protests on Monday, less than three days after Europe's largest carmaker, Volkswagen, issued a shock profit warning that sent ripples through the industrial sector.

The unexpected downgrade highlights the unprecedented operational challenges facing European automakers, including soaring production costs and aggressive market entry by Asian competitors.

The coordinated demonstrations reflect growing anxiety among labor unions and workers over potential plant closures and large-scale job cuts across the country. Industry analysts note that high energy prices, a sluggish transition to electric vehicles, and intensifying competition from Asian electric vehicle manufacturers have pushed Germany's cornerstone automotive sector into one of its most severe structural crises in decades.