German auto industry’s transformation could result in 190,000 job losses by 2035 Related news

Uniunea Europeana

BERLIN   Labor supply in the German auto industry is expected to fall 6.3% by 2035, according to a recent study by the research institute Prognos commissioned by the German Association of the Automotive Industry (VDA). The fall is expected to stem from the transition to electric vehicles (EVs) and an unspecified amount of decline in demand for workers. In the 2019-2023 period, a decline of 46,000 jobs in Germany was attributed to the transition to EVs, and if this downward trend continues, the