The bad news from auto suppliers and major German manufacturers is increasing, and the mood in the important industrial sector is more than bad. Volkswagen and ZF want to cut tens of thousands of jobs, while medium-sized suppliers are worried about follow-up orders. The development of electromobility in particular is progressing much more slowly than the automobile companies had estimated. The American car manufacturer Ford, which has completely converted its factory in Cologne to two electric models, wants to cut even more jobs. Due to a lack of buyers of new models, there is short-time work at the Ford plant in Cologne. Produced cars wait in huge parking lots to be picked up. The car country is in a deep crisis.
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