The North American auto industry experienced a 36% drop in new job postings in Q2 2023 compared with the previous quarter, with the highest share accounted for by Goodyear Tire & Rubber with 4,797 job postings, according to GlobalData’s analysis of auto company job postings. GlobalData’s Automotive Megatrends and Market Analysis report provides valuable insights into the key megatrends shaping the automotive industry, major players like Apple, Baidu, and Cruise Automation, along with component forecasts. Buy the report here.
Notably, Installation, Maintenance, and Repair Occupations jobs accounted for an 18% share of the North American auto industry’s total new job postings in Q2 2023, drop 18% over the prior quarter.
Installation, Maintenance, and Repair Occupations drive auto hiring activity
Installation, Maintenance, and Repair Occupations, with a share of 18% new job postings, was the occupation with the greatest hiring activity in the North American auto industry in Q2 2023 , ahead of Sales and Related Occupations with an 8% share of new job postings.
The other prominent roles included Management Occupations with a 7% share in Q2 2023, Architecture and Engineering Occupations with a 7% share and Transportation and Material Moving Occupations with a 6% share of new job postings.
Top five companies accounted for 26% of hiring activity
Goodyear Tire & Rubber posted 4,797 jobs in Q2 2023 and registered a growth of 142% over the previous quarter, followed by AutoNation with 4,066 jobs and a 32% growth. Penske, with 3,758 jobs, and Monro, with 3,732 jobs, recorded a 12% drop and a 57% drop, respectively, while Caliber Collision Centers recorded a 40% increase with a 3,699 new job postings during Q2 2023.
Regional analysis of hiring in the North American auto industry, Q2 2023
The US held the leading share of the North American auto hiring activity with a 90.88% share, a 39% decrease over Q1 2023. Mexico was next with 5.82%, four-percentage-point up over the previous quarter.
For further understanding of GlobalData's Automotive Megatrends and Market Analysis by Technology and Key Companies, buy the report here.