Shutdown and mass dismissal of workers, the new story of European car manufacturers

According to the reporter Mehrbah quoted from Reuters During the past months, a number of automobile companies in Europe have announced their decision to close factories and lay off employees.

Decreasing demand for cars, increasing production costs, increasing competition with Chinese competitors and a slower than expected transition to the use of electric vehicles are among the most important reasons for the crisis in the European automotive market.

The French component company Valeo has announced that it will lay off 1,000 of its workers and close two factories. closes.

Automobile company Stlantis also recently announced that it plans to close a factory in the south of England, which will lead to layoffs. One thousand workers of this unit will lead.

Decreasing demand has caused car production, especially the Fiat 500 electric model, in the main factory of this company in the city of Mirafiori Italy to stop.

The German Bosch component company has also announced that it plans to lay off 5,500 of its workers in the coming years.

The American Ford automobile company has also decided to lay off 4,000 of its workers in Germany and England.

Michelin car tire production company of France also said that it will close its 2 factories in the west of France, which will leave 1,250 unemployed. People will lead.

The German Volkswagen automobile company has also announced its plan to significantly reduce costs and announced that due to this decision, it will close a number of its factories and thousands of people will be out of work. They will be.

This company has even put up one of its Audi car production units in Brussels for sale due to the decrease in demand.