Germany's VDA expects additional job losses in the auto sector; expects a loss of 225k jobs by 2035, more than 35k more than previously assumed, Handelsblatt reports
Germany's VDA projecting additional job losses in the auto sector highlights a growing concern over employment trends and potential economic slowdown in a key industry.
[SNAP ANALYSIS] US President Trump and Chinese President Xi speak at the state banquet
US Treasury Secretary Bessent says President Trump will have more to say on Taiwan in the coming days; Trump will be resolute in his answers
Germany's VDA expects additional job losses in the auto sector; expects a loss of 225k jobs by 2035, more than 35k more than previously assumed, Handelsblatt reports
US Treasury Secretary Bessent says they will be discussing AI guardrails with China; adds China is substantially behind the US on AI, but is still advanced
UK Cabinet Minister said Chancellor Reeves is looking to decouple from PM Starmer, Mail on Sunday's Hodges reports citing a cabinet source
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
The revision suggests worsened economic conditions than previously believed, which could weigh on consumer sentiment and spending, ultimately affecting GDP growth and future job market stability. This could have broader implications for European equities as investors assess sector vulnerability.
Related headlines
- EUROPEAN OPEN: VOW3 GY approves Future Plan 2030; BAS GY sues AAPL over Face ID patents; ECB authorises BMPS IM-MB IM merger; STLAM IM reportedly accelerates Huawei-JAC alliance in China; Fitch affirms ASML NA5 days ago
- EUROPEAN OPEN: EZJ LN & ITH LN join FTSE 100, ENT LN & PSN LN to leave; DTE GY faces Elliott push against TMUS merger; VOD LN to launch first UK TV service; SHEL LN acquires BP/ LN stakes in offshore blocks6 days ago
- Crystler (STLAM IM/STLAP FP) files to recall over 200k US vehicles1 hour ago
- European Movers: Airbus (AIR FP) -1.3%, LVMH (MC FP) -1.3%, Orsted (ORSTED DC) -1.6%, Inditex (ITX SM) -3%, Burberry (BRBY LN) -3%1 hour ago
- European Equity pre-Market Summary - 9th September 2026: European bourses are indicative of a slightly softer open; Inditex reports poor results2 hours ago
- Newsquawk Daily European Equity Opening News - 9th September 20262 hours ago
- US Treasury Secretary Bessent says markets are not efficient and are run by humans, who make mistakes, adds the treasuries narrative in August was that the sky is falling and the narrative was absurd10 hours ago
- European Movers: Airbus (AIR FP) -0.7%, Schneider Electric (SU FP) -0.9%, Société Générale (GLE FP) -1.6%, Infineon (IFX GY) -1.9%, Novartis (NOVN SW) -9%, 1 day ago
- Additional European Equity News - 8th September 20261 day ago
- European Equity pre-Market Summary - 8th September 2026: Novartis does not meet Phase 3 primary endpoint; European equity futures indicative of a slightly lower open, as energy picks up1 day ago
- Newsquawk Daily European Equity Opening News - 8th September 20261 day ago
- European Commission signalled greater willingness to consider large corporate mergers, with top competition official Whelan noting that deals which help companies scale up and innovate will get a closer hearing, according to FT1 day ago
- Japanese Finance Minister Katayama says will bolster efforts to secure funding for consumption tax cut on food, adds will communicate fully with markets and public to gain credibility in our fiscal policy1 day ago
- Fiat Chrysler, now part of Stellantis (STLA IM/STLA FP), will stand trial before the Paris Criminal Court for aggravated fraud in connection with the vast "Dieselgate" scandal, AFP reports, citing a source1 day ago
- Deutsche Telekom (DTE GY), Orange (ORA FP), Vodafone (VOD LN), Telefonica in venture talks (TEF SM); in talks for satellite-to-mobile venture1 day ago
- Novo Nordisk (NOVOB DC) announced first results from the STEP Young phase 3 trial; The trial met its primary endpoint, demonstrating superior body mass index reduction at week 681 day ago
- European Movers: Ferrexpo (FXPO LN) +10%, STMicroelectronics (STMPA FP) +2.0%, ASML (ASML NA) +1.6%, E.ON (EOAN GY) +1.0%, EssilorLuxottica (EL FP) -1.2%2 days ago
- European Equity pre-Market Summary - 7th September 2026: European bourses look set for a muted open, with volumes light as the US takes a holiday2 days ago
- Additional European Equity News - 7th September 20262 days ago
- Newsquawk Daily European Equity Opening News - 7th September 20262 days ago
The whole workspace, free to try.
Try it free