By on May 23, 2019

Over the last six months, automakers have announced roughly 38,000 job cuts as part of global restructuring efforts. While such things are typically part of the normal ebb and flow of the industry, the ebb could be a prolonged one as manufacturers seek ways to mitigate the high cost of tech and figure out what their businesses should look like in the 21st century.

A litany of other issues are impacting jobs. China’s economy turned out to be less stable than presumed, trade tensions have escalated in practically every major market that builds cars, and most of the developed world appears to be nearly tapped out in terms of sales growth.

As a result, analysts are growing concerned that the layoffs we’ve seen thus far are just the beginning. But they’re not the only ones. Industry insiders are also willing to admit that times are changing — and rather drastically.  (Read More…)

Recent Comments

  • Jeff S: I enjoyed the one finger steering as well.
  • Arthur Dailey: I know that it is dangerous and downright moronic but one finger steering was one of my favourite...
  • Inside Looking Out: “Why would the British join the French Revolution? ” To replace unelected King with...
  • ToolGuy: With the caveat that I know nothing about this, the first drawing doesn’t suggest...
  • Jeff S: And steer that battleship with your Pinky.

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber