“German government and automotive industry to meet with crisis on the horizon.”

The automotive sector in Germany is going through a difficult time, and the key figures from German brands will meet on October 9 with Chancellor Friedrich Merz to discuss the current situation in the sector.

The news was reported this Friday by “Reuters“, which cites a source close to the German government, noting that the meeting takes place at a time when the giant German automotive industry is facing tariffs imposed by the U.S. administration of Donald Trump, a decline in sales, warnings about profits, and production cuts.

Uncertainty for the German automotive sector increased this Friday with the U.S. president announcing new tariffs, now on heavy vehicles, thus raising trade tensions that have severely impacted the automotive sector.