The German trade union IG Metall argues for support for a large number of small and medium-sized suppliers to the automotive industry. Many of them lack a plan B due to the rise of electric driving. The union sees a clear role for the German state.
According to the trade union movement there is a large group of companies in Germany that generates more than three-quarters of their turnover from the production of components for combustion engines. According to IG Metall, the companies in question, which account for around 300,000 jobs, lack a future-oriented plan. They also often have insufficient access to capital.
To help car suppliers, the German government could set up a fund equivalent to emergency measures taken during the crisis years. Through this fund filled with billions, companies get access to capital. The State guarantees this. IG Metall also believes that companies should listen to management and advisory firms, because the companies themselves simply lack ideas.