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Procta



Member Since: 03 Dec 2016
Location: Sunderland
Posts: 5138
United Kingdom 
nissan to shed 9000 jobs
https://www.sunderlandecho.com/business/ni...in-4856860

I recon this is the start of many things to come across the automotive board, and not just nissan, I am really thinking this is because of the EV and hybrid production cost. They are not making enough return on it at all. Sunderland battery plant, that was due to open, has been put back again for another year. My former TL has just jumped ship to where i work, due to the battery plant been down on orders.
I recon there is going to be a massive U turn with EV and Hybrid, and i think Diesel cars will make a comeback, Defender TD5 90 ---/--- Peugeot 306 HDI hatch back

Success is 90% Inspiration and 4 minutes Preparation # you can make it!
Post #1051011 7th Nov 2024 7:35pm
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90 Dreamer



Member Since: 13 Jul 2019
Location: Oop North
Posts: 2130
United Kingdom 2016 Defender 90 Puma 2.2 HT Corris Grey
To clarify that is 9000 jobs worldwide there are only circa 6000 guys at Sunderland total
Post #1051014 7th Nov 2024 7:45pm
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Procta



Member Since: 03 Dec 2016
Location: Sunderland
Posts: 5138
United Kingdom 
90 Dreamer been rumours going about, that they are laying off 500 before Xmas, and that was weeks ago before this broke out. Defender TD5 90 ---/--- Peugeot 306 HDI hatch back

Success is 90% Inspiration and 4 minutes Preparation # you can make it!
Post #1051017 7th Nov 2024 7:57pm
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DSC-off



Member Since: 16 Oct 2014
Location: North East
Posts: 1394
United Kingdom 2015 Defender 110 Puma 2.2 XS CSW Aintree Green
It's been going round the industry for a few weeks already.
VW closing 3 plants in the German heartland. BMW and Mercedes are reported to be looking very vulnerable at the moment.
Stellantis / Jeep shedding 1100 jobs at the Wrangler and Gladiator assembly plant in Ohio. 2500 Ram truck layoffs already announced and 1000 at GM in the the US.
Knock on effects in the supply industry. Recaro have already gone bust.

Not a good time just now. I can't help but feel that worldwide government EV targets and the potential penalties for making too many ICEs has brought all this on, or made a slight downturn much worse than it would have been.

https://www.reuters.com/business/autos-tra...024-10-28/

https://www.automotivedive.com/news/stella...ep/732255/

https://www.businessinsider.com/schaeffler...mw-2024-11
Post #1051027 7th Nov 2024 9:07pm
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Moo



Member Since: 01 Oct 2021
Location: UK
Posts: 1337
Ukraine 
There's also a feeling that cars are getting too technologically complicated which is putting buyers new off and affecting second hand values. Eiger Grey MY23 D250 SE with bits. Known as Noddy.
Post #1051036 7th Nov 2024 11:45pm
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