The Automotive Industry in France Lost a Third of Its Jobs Between 2010 and 2023, According to Insee
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7 Articles
The Automotive Industry in France Lost a Third of Its Jobs Between 2010 and 2023, According to Insee
Between 2010 and 2023, the automotive sector lost nearly 139,000 full-time equivalent jobs. This phenomenon is explained by a drop in sales, factory closures and relocations.
In an unprecedented study, INSEE quantified the impact of the fall in production and relocations for both manufacturers and suppliers, the ones most affected by the decline. A collapse of 140,000 jobs in 13 years.
Employment fell from 425,500 in 2010 to 286,800 in 2023, a loss of almost 139,000 full-time equivalents, according to national statisticians.
From manufacturers to suppliers, to subcontractors, French automobiles pull the language. In thirteen years (2010-2023), the sector has lost a third of its jobs and seen its sales plunge by 20%, reveals INSEE in a study published this Thursday. Behind this alarming balance, the shift towards electrics is beginning to slowly redraw the industry. What offer a glimmer of hope?
A study published by INSEE on Thursday 12 February shows that the car industry's workforce in France fell by 33% between 2010 and 2023. This collapse, which has affected companies operating in more than 30 departments, is part of a European crisis.
Between the cessation of activity and the reduction of posts, the sector pays dearly for the profound change in its environment.
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- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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