Job Market Monitor
Car Industry
Car Industry in UK – 44,000 more jobs to 750,000
Britain’s booming automotive industry now employs three quarters of a million people after adding 44,000 jobs last year. Investment by manufacturers, demand for new models and companies in the supply chain bringing work home – known as “reshoring” – helped drive the increase, according to the data from trade body the Society of Motor Manufacturers … Continue reading
Bosch / Battling to avoid cutting jobs
After being hit hard by stagnation of demand linked to the continent’s debt crisis, Bosch is now battling to avoid cutting jobs at its European plants. In spite of recent growth in emerging markets, Europe still accounts for 57 % of sales and forecasts expect revenues this year to remain below the level achieved in … Continue reading
Volkswagen / New plant in southern China will offer 6,500 skilled jobs
German auto giant Volkswagen AG on Wednesday opened a new plant that aims to produce 300,000 cars annually in Foshan city in the southern Chinese province of Guangdong. Continue reading
Ford / More Jobs And Vacations Skipped
Pent-up demand for new vehicles, along with a rebounding economy and a surging stock market, is bringing car buyers out in droves. On Wednesday, Ford Motor said it will add an additional 200,000 units of annual capacity this year — almost the equivalent of opening another assembly plant in North America. The extra capacity at … Continue reading
Europe / Auto Market contracted in March
European new car sales contracted in March for an 18th consecutive month, industry data showed Wednesday, led by declines in Germany and France. New vehicle registrations in the European Union fell 10.2 percent in March from a year earlier, the European Automobile Manufacturers’ Association reported from Brussels, to 1.3 million vehicles from about 1.5 million … Continue reading
EU – Stimulating car industry
The European Union on Thursday launched an action plan to bolster the struggling car industry – its first concerted response to a worsening crisis that is hurting some of the continent’s biggest companies and endangering tens of thousands of jobs. Carmakers welcomed the plan’s long-term measures to support the sector but urged the EU to … Continue reading
GM, Chrysler – Romney he’s wrong about Chinese jobs claim
“Barack Obama says he saved the auto industry. But for who? Ohio or China?” says the narrator in a radio spot running now in Ohio. “Under President Obama, GM cut 15,000 Americanjobs, but they are planning to double the number of cars built in China, … . GM, Chrysler tell Romney he’s wrong about Chinese … Continue reading
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