The global auto industry experienced a 6% drop in new job postings in Q2 2024 compared with the previous quarter, with the highest share accounted for by O’Reilly Automotive with 12,477 job postings according to GlobalData’s analysis of auto company job postings. GlobalData’s Automotive: Hiring Trends & Signals Q2 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the automotive industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Sales and Related Occupations jobs accounted for a 14% share of the global auto industry’s new job postings in Q2 2024, up 5% over the prior quarter.
Sales and Related Occupations drive auto industry hiring activity
Sales and Related Occupations, with a share of 14%, was the occupation with the greatest hiring activity in the global auto industry in Q2 2024, ahead of Transportation and Material Moving Occupations with a 7% share of job postings.
The other prominent roles include Management Occupations with a 7% share in Q2 2024, Installation, Maintenance, and Repair Occupations with a 2% share and Office and Administrative Support Occupations with a 6% share of new job postings.
Top five companies in auto industry accounted for 28% of hiring activity
The top five companies, in terms of number of new job postings tracked by GlobalData, accounted for a combined 28% share of the overall hiring activity in the global auto industry in Q2 2024.
O'Reilly Automotive posted 12,477 jobs in Q2 2024 and registered a growth of 19% over the previous quarter, followed by Advance Auto Parts with 10,535 jobs and an 11% growth. Robert Bosch with 9,065 jobs and Penske with 4,932 jobs, recorded a 10% decline and a 42% rise, respectively, while Caliber Collision Centers recorded a 9% rise with 4,499 job postings during Q2 2024.
Hiring activity was driven by North America with a 58% share of total new job postings, Q2 2024
North America held the leading share of the new job postings in the global auto industry with a 58% share, a 3% higher over Q1 2024. Europe stood next with 24%, registering a 2% growth over the previous quarter.
Asia-Pacific with a 15% share marked a 31% drop over Q1 2024. The South & Central America and Middle East & Africa accounted for shares of 73% and 5% respectively.
For further understanding of GlobalData's Automotive: Hiring Trends & Signals Q2 2024, buy the report here.
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