quinta-feira, 7 de novembro de 2024


AUTONEWS


Nissan cuts 9,000 jobs after falling sales

Japanese automaker Nissan will cut 9,000 jobs worldwide and reduce production capacity by 20%, the company announced, in the wake of a drop in sales.

The group downgraded its revenue and operating profit forecasts for fiscal 2024.

“Confronted with the seriousness of the situation, Nissan is taking urgent measures to recover its performance and create a more agile and resilient company,” says the Japanese manufacturer, in a statement.

Nissan's net profit fell 93.5% between April and September

Japanese manufacturer Nissan's net profit fell 93.5% between April and September to 19,223 million yen (116 million euros), mainly due to falling sales and production adjustments.

In the same period, which corresponds to the first half of the Japanese fiscal year, operating profit fell 90.2% to 32,908 million yen (198 million euros), the company announced.

Nissan Motor today did not publish its net profit estimate for the full fiscal year, which will end in March 2025, due to “difficulties in calculating it in a rapidly changing business environment,” according to the president and chief executive officer. of the company, Makoto Uchida, in a press conference.



Germany will lose 186,000 jobs in the auto industry...The Prognos study analyzes the transformation of the German auto industry over the next decade, predicting that Germany will lose a total of 186,000 jobs across the different automakers that manufacture in the country, from engines to vehicles, to 2035. The study was commissioned by the German Automobile Industry Association (VDA) and aims to prepare companies and workers for what's coming.

The conclusions of this study come to light simultaneously with the announcement of the closure of three factories in Germany, by the Volkswagen Group, the largest and most powerful in the country. To avoid greater harm, the builder has already made it known that he intends to reduce production costs, having proposed a 10% cut in wages to the unions, but the study commissioned by the VDA concludes that this will not prevent the loss of 186 thousand jobs by 2035, compared to the volume of employees in 2019.

The German automobile industry is one of the most representative economic activities in the country, employing a total of 779,662 workers in 2023, according to Statista, so the expected 43% cut in the workforce over the next 10 years is far from being a reduction of minor importance. However, social damage can be mitigated and diluted over time through (many) early retirements and friendly terminations.

According to the Prognos report, there are several types of jobs that are more at risk of extinction than others, such as those in charge of welding and chassis assembly, as today it is possible to carry out all these operations automatically and without human intervention. Volkswagen also plans to reduce the number of employees linked to management and administration, but, on the other hand, hiring should occur in areas such as information technology, electronic engineering and even mechanical engineering.

Judging by Prognos, it was quite possible to reduce (or cancel) layoffs if the Volkswagen Group decided to invest in factories to produce its own batteries, rather than purchasing them from external suppliers, which would also increase profits. It is worth remembering that both VW and BMW, Mercedes and Porsche do not manufacture the accumulators they need for their vehicles, which could partly explain the lack of profitability they complain about.

Analyzing the data provided by the VDA itself, which commissioned this study at the request of the industry it represents, it is quite possible that these 186,000 jobs that will disappear by 2035 are just the latest diversionary ploy by the German car industry lobby. Just remember that, in 2019, this industry employed 833 thousand people, a figure that fell to 779,662 in 2023. This is a “stumble” of 53,338 jobs in just four years, which corresponds to an average of 13,334/year and which is not that different from the 18,600 jobs that are expected to disappear annually, on average, until 2035.

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