europe\s auto industry up to 80000 jobs
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Europe\'s auto industry up to 80000 jobs

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Europe\'s auto industry up to 80000 jobs

Berlin - AFP

As many as 10 car factories in Western Europe could close in the few years, leaving up to 80,000 people out of work, a German consulting firm said Wednesday. The firm Roland Berger pointed to low demand, and production sites running below capacity, to make the case that between five and 10 plants could close, according to its report based on a study it conducted in July. \"Apart from Volkswagen and Ford, other manufacturers are posting productivity rates in their plants that are unsustainable and the market will not recover,\" Roland Berger consultant Max Blanchet told AFP. He was referring to the carmakers General Motors, Opel, PSA Peugeot Citroen, Renault and Fiat. He cited the economic crisis as a contributing factor, but added that the main explanation was that \"the number of kilometres (miles) travelled tends to drop because of the cost of fuel, so people hold onto their cars longer.\" Blanchet said he expected the plants to close within two or three years. The report said the mid-range segment of the industry in particular reflected this slump, while low-cost models were actually up in sales since 2007, and luxury models were down but not to the same extent. In July, French carmaker PSA Peugeot Citroen announced it would close its historic Aulnay plant north of Paris. Germany\'s Opel and Italy\'s Fiat have also been forced to slash jobs or suspend production because of weakened demand.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

europe\s auto industry up to 80000 jobs europe\s auto industry up to 80000 jobs

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

europe\s auto industry up to 80000 jobs europe\s auto industry up to 80000 jobs

 



GMT 10:21 2016 Wednesday ,23 March

cartoon eleven

GMT 10:18 2016 Wednesday ,23 March

cartoon eight

GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 09:58 2016 Wednesday ,23 March

cartoon four

GMT 11:03 2018 Tuesday ,23 January

No end to eyesores at Taj Mahal

GMT 19:47 2011 Sunday ,08 May

Saudis reject Mecca holy water scare

GMT 05:10 2018 Thursday ,11 January

China denies report it could halt US bond purchases

GMT 06:11 2015 Thursday ,22 October

Comedian Chris Rock to host Oscars again

GMT 03:39 2012 Saturday ,16 June

Aappa Kadai in Dubai Marine adds spice to life

GMT 22:21 2018 Monday ,22 January

Damac chairman to speak on digital skills

GMT 05:17 2018 Friday ,19 January

Airbus gets early 2018 jump on rival Boeing

GMT 06:58 2018 Sunday ,14 January

Olympic flame stops in Seoul
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice