Automotive Industry
Industry: Email Alert RSS FeedGermany will lose more supplier jobs; Eastern Europe, Asia will continue to gain positions, study shows.(Suppliers)
Automotive News Europe, April, 2004 by Florecke, Klaus-Dieter; Gotz, Armin; Rother, Franz
Byline: Klaus-Dieter Florecke, Armin Gotz, Franz Rother Automobilwoche
Every fifth job in the German auto supply industry is under threat from low-wage countries, a study shows.
About 100,000 jobs already have been lost as companies transfer production to eastern Europe and Asia, according to auto industry researchers.
Now a study by German business consultants Alix Partners shows that even more positions may be shifted out of Europe's largest auto market.
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"Almost every German company is considering moving production abroad," said Roman Zeller, Alix Partners ...
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