Tuesday, November 26, 2019

Audi Jobs Report

So it did come out today....by 2025, almost 9,500 jobs with Audi will go away.  2,000 new jobs will be created, but mostly have to do with their E-Car line.

A problem?  Here's the thing....I suspect that VW, Porsche, Ford-Germany, BMW, and Mercedes will go the same way.  You could see well over 80,000 car industry jobs gone in five years. 

Folks were talking about this development five years ago.  Part of this relates to what the car companies think....that Germans will be drawn to E-cars.  E-cars have fewer parts, and the assembly is less complicated. So the logic is to downsize.

If Germans don't buy the E-cars at the expected pace, or this issue with the grid not having enough power to run E-cars occurs?  Well....that will be an interesting bridge to cross in 2025. 

But this will also complicate up the talk from 2014/2015 that Germany needs more immigrants to take up jobs as people retire.  That discussion will dry up....if there isn't enough jobs for the incoming crowd.

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