Mercedes relocates production to Hungary, 20,000 Germans set to lose their jobs (opens in new tab)

In yet another major blow to the German automobile labor market, Mercedes has announced it will be relocating production of its A-Class from Rastatt, Germany, to Kecskemét, Hungary. While Hungary’s foreign minister is taking a victory lap, Germany’s largest opposition party is sharply crticizing he government as signs grow that Germany’s automobile market is faltering. […]