{"id":1732,"date":"2024-08-20T08:40:14","date_gmt":"2024-08-20T08:40:14","guid":{"rendered":"https:\/\/timesofgerman.com\/german-auto-industrys-electrification-ambitions-falter-amidst-supplier-bankruptcies-layoffs\/"},"modified":"2024-08-20T08:40:14","modified_gmt":"2024-08-20T08:40:14","slug":"german-auto-industrys-electrification-ambitions-falter-amidst-supplier-bankruptcies-layoffs","status":"publish","type":"post","link":"https:\/\/timesofgerman.com\/en\/german-auto-industrys-electrification-ambitions-falter-amidst-supplier-bankruptcies-layoffs\/","title":{"rendered":"German auto-industry&#8217;s electrification ambitions falter amidst supplier bankruptcies, layoffs"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<figure><img decoding=\"async\" src=\"https:\/\/cdn.bignewsnetwork.com\/xih1723621503.jpg\" width=\"100%\"\/><figcaption style=\"font-size:14px;color:grey;\">\u00a9 Provided by Xinhua <\/figcaption><figcaption><span style=\"color:#337fe5;font-family:Arial;font-size:12pt;\">This photo taken on March 20, 2024 shows the logo of Mercedes-Benz in Stuttgart, Germany. (Xinhua\/Shan Weiyi)<\/span><\/figcaption><\/figure>\n<p><span style=\"font-family:Consolas;font-size:14pt;\"><strong>Germany, a major player in the global automotive industry, is witnessing a surge in bankruptcies and layoffs among its suppliers.<\/strong><\/span><\/p>\n<p><span style=\"font-family:Consolas;font-size:14pt;\">by Xinhua writer Li Hanlin<\/span><\/p>\n<p><span style=\"font-family:Consolas;font-size:14pt;\">BERLIN, Aug. 14 (Xinhua) &#8212; German seat manufacturer Recaro Automotive, known for supplying luxury brands like BMW, Mercedes-Benz, and Lamborghini, has filed for bankruptcy amid a wider trend of German automotive component suppliers facing financial challenges.<\/span><\/p>\n<p><span style=\"font-family:Consolas;font-size:14pt;\">Germany, a major player in the global automotive industry, is witnessing a surge in bankruptcies&#8230;<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bignewsnetwork.com\/news\/274492835\/economic-watch-german-auto-industrys-electrification-ambitions-falter-amidst-supplier-bankruptcies-layoffs\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Provided by Xinhua This photo taken on March 20, 2024 shows the logo of Mercedes-Benz in Stuttgart, Germany. (Xinhua\/Shan Weiyi) Germany, a major player in the global automotive industry, is witnessing a surge in bankruptcies and layoffs among its suppliers. by Xinhua writer Li Hanlin BERLIN, Aug. 14 (Xinhua) &#8212; German seat manufacturer Recaro [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[285,8],"tags":[534],"class_list":{"0":"post-1732","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-automotive","8":"tag-filed-industry-first-half-mercedes-smaller-the-current-copy-rising-layoffs-among"},"_links":{"self":[{"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/posts\/1732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/comments?post=1732"}],"version-history":[{"count":0,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/posts\/1732\/revisions"}],"wp:attachment":[{"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/media?parent=1732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/categories?post=1732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/tags?post=1732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}