The city once heralded as the heart of Europe’s automotive industry is grappling with significant economic headwinds as its production numbers steadily decline. Once thriving with bustling factories and a skilled workforce, the regional economy is now confronting the harsh reality of decreased demand and increased competition from emerging markets. Key manufacturers, who historically anchored the city’s prosperity, have either downsized operations or shifted production abroad, sparking concerns about job security and the future of local supply chains.

Amid these challenges, several factors are intensifying the crisis:

  • Technological disruption: Transitioning to electric vehicles requires new investments, causing strain on traditional carmakers.
  • Global supply chain issues: Shortages of critical components like semiconductors have slowed production…