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

  • Land Ark: Brought my Legacy in for what I thought would be its second air bag replacement. I got it back the next day...
  • dal20402: Honestly at this point I’m more curious to see what they will make in this size and performance range...
  • conundrum: Nope. A leap of the imagination too far. I highly doubt the Defender is a minivan, despite Hummer’s...
  • Featherston: +1 – According to a colleague of mine, if your boat’s on a trailer in your driveway, you...
  • Hummer: No one seems interested in making anything new and exciting anymore, the market is 65% front drive 4 cylinder...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Timothy Cain
  • Matthew Guy
  • Ronnie Schreiber
  • Bozi Tatarevic
  • Chris Tonn
  • Corey Lewis
  • Mark Baruth