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The Economic Times

Global Business / The Economic Times

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Car crisis takes toll on Germany's young engineers

German engineers like Max Peil struggle to find employment despite qualifications. The nation's automotive sector faces painful adjustments due to Chinese competition. Exports have declined, impacting Germany's once-strong industrial position. Young engineers now face a more challenging job market than before. This situation signals a significant shift in the country's economic landscape.

12 Jul 2026 10:39 am