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PRESS STATEMENT “The auto summit is sending a positive signal”

Jörg Hofmann, President of IG Metall, welcomes the fact that IG Metall’s proposals to support suppliers and address structural policy are being taken up

IG Metall, Mainforum, Gebäude, Fahnen

9 September 2020 9 September 2020


Jörg Hofmann: “Yesterday’s auto summit sent a positive signal: The federal government has recognized the difficult situation in the supplier industry and is trying to find solutions. Our proposal to establish transformation funds to strengthen the equity capital of small and medium-sized suppliers is now being considered. This would be a significant contribution to a successful transformation, as it would enable companies to invest in innovation and thereby secure jobs for the future. Our proposal to establish regional transformation clusters is also being considered. The aim is to pursue active regional structural policy in regions that are currently heavily dependent on the internal combustion engine due to the large number of supplier companies located there. This, too, could make a significant contribution to the ecological and social transformation of Germany’s leading industry.”

Further information and press photos of Jörg Hofmann

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