- BMW announced up to 8,000 job cuts globally, primarily in Germany, due to falling sales in China and competition from Chinese EV makers.
- Porsche plans to cut 5,000 jobs in Germany by 2035, adding to previous job reductions, amid restructuring and cost-saving measures.
- Volkswagen doubled its job cut program to up to 100,000 positions and plans to close four German factories, facing opposition from unions and Lower Saxony.
- Mercedes-Benz aims for €5 billion in savings by 2027 through voluntary departures, avoiding compulsory redundancies, and has already reduced its workforce by around 5,500.