Some 100,000 German automotive jobs are in danger according to industry expert Ferdinand Dudenhöffer.
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Stiff price competition and Germany’s production cost disadvantage will see 100,000 jobs lost over the next ten year to lower cost countries, particularly in eastern Europe.
Dudenhöffer made this claim in a regional German newspaper, reported by auto motor und sport magazine.
Around 760,000 people currently work in the automotive assembly and supplier industry. This year alone around 20,000 jobs are expected to be lost, a figure that will be easily reached given that Volkswagen has said it wants to reduce its workforce by 20,000 over the next three years and Opel is in the process of cutting around 10,000 jobs.
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