支柱企业收入下滑，德国汽车之都面临财政危机

Core Insights - The automotive industry in Germany, particularly in cities like Wolfsburg, Ingolstadt, and Stuttgart, is facing significant challenges due to declining revenues from major companies, leading to a substantial drop in tax revenues and financial instability for local governments [1][4] Group 1: Economic Impact - The cities are experiencing a severe financial crisis, with local governments resorting to borrowing, increasing fees, and cutting expenditures to address growing budget deficits [1][4] - The overall tax revenue growth in many cities is lagging behind inflation, despite some cities still seeing increases in tax income [3][4] - By 2025, total deficits across German cities are projected to reach €30 billion, surpassing last year's record deficit of €25 billion [4] Group 2: Employment and Industry Changes - The automotive sector has seen a significant loss of jobs, with employment in the industry dropping to 721,400, the lowest level in history, and a year-on-year decrease of over 48,700 jobs, representing a 6.3% decline [5][6] - Suppliers in the automotive industry are facing even greater job cuts compared to manufacturers, highlighting the challenges of transitioning to electric vehicles and related sectors [6] Group 3: Local Government Responses - Ingolstadt's city government is facing a budget shortfall that has nearly tripled initial estimates, with a projected deficit of €88 million from 2026 to 2029 [6] - Local officials are exploring various cost-cutting measures, including reducing public services and potentially increasing property taxes to manage the financial strain [6][7] - The transition of the automotive industry is expected to test the sustainability of high-wage jobs and community services that have historically supported local budgets and quality of life [7] Group 4: Future Outlook - Experts suggest that while the current economic situation is challenging, there are signs of potential recovery, with government spending plans, particularly in defense, expected to stimulate the economy by 2026 [8] - The European Union forecasts a 1.2% growth in the German economy in 2026, indicating a possible turnaround [8]