MICHAEL WALSH REPORT Mercedes relocates production to Hungary, 20,000 Germans set to lose their jobs.

Trade Minister Péter Szijjártó also announced an expansion of Rheinmetall factory in Szeged last December.

In yet another major blow to the German automobile labor market, Mercedes has made an announcement.

It will be relocating production of its A-Class. The relocation is from Rastatt, Germany, to Kecskemét, Hungary.

Hungary’s foreign minister is taking a victory lap. Meanwhile, Germany’s largest opposition party is sharply criticizing the Berlin regime. Signs are growing that Germany’s automobile market is faltering.

Trade Minister Péter Szijjártó has officially confirmed Mercedes move, writes Budapester.

Szijjártó credited the success to ‘an economic policy based on sound common sense. A stable government continually attracts new investment projects. These projects come from global companies in America, Asia, and even Germany.’

The news is not being welcomed in Germany. The Alternative for Germany (AfD) points out the dire economic situation the country is facing.

‘Mercedes-Benz has stood for German engineering excellence and Germany’s economic upswing for over 100 years.

Yet, like many other automakers, the company is cutting jobs in Germany and expanding in other countries.

As a result, the entire production of the A-Class is being relocated to Hungary. 20,000 employees are expected to lose their jobs as a result,’ wrote AfD politician Christian Abel on X.

In 2023, Globalist-Liberal Berlin lost a staggering 120,000 manufacturing jobs, highlighting serious problems.

‘Hungary is demonstrating economic brilliance. This is happening at a time when all of Europe is suffering from the consequences of the war in Ukraine.

They are also impacted by the misguided policies of the EU headquarters in Brussels,’ Szijjártó wrote on social media.

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