Ifo survey: Confidence in the German automotive industry is growing

According to a survey by the Munich-based Ifo Institute, sentiment in the German automotive industry has significantly improved. Order books are filling up again, and export expectations are rising, promising hope for stabilization in the sector.

Despite these positive developments, the industry remains under pressure. The sharply declining sales in China and increased US import tariffs continue to pose challenges. Experts warn that these factors could still lead to further job cuts.