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Tens of thousands of German auto workers are staging nationwide protests

# Tens of thousands of German auto workers are staging nationwide protests following a profit warning from Volkswagen AG, though a formal strike has not yet begun. The demonstrations, organized by the IG Metall union across more than 280 events, involve employees demanding job security and government intervention against high manufacturing costs. While a formal, full-scale strike has not officially started, the unrest signals deepening gloom for Germany’s vital automotive sector. The crisis is heavily driven by a weakening automotive manufacturing sector and intense competition from Chinese manufacturers.