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Europe’s auto supplier industry faces big job losses – CLEPA
Yahoo Finance· 2026-01-19 12:54
European automotive supplier trade association CLEPA says that Europe’s automotive supplier sector is rapidly losing jobs and faces a ‘structural reset’ that policy support has yet to address. CLEPA says job losses have surpassed 100,000 in only two years, dramatically outpacing the rate of new job creation. In 2025, the European automotive supply industry announced 50,000 job losses. Added to the 54,000 already recorded in 2024, this brings the total job cuts over the past two years to 104,000, CLEPA say ...