German automakers face mounting pressure as job losses loom. Volkswagen Group announced a $11.5 billion write-down tied to Porsche's slowing China sales and EV overproduction. Mercedes-Benz warned of closing one German assembly and powertrain plant to save costs.

Audi, BMW, Porsche, and Volkswagen workers protested yesterday, demanding leadership protect jobs. IG Metall union head Christiane Benner urged corporate responsibility for Germany as an automotive nation.