Bosch to cut 13,000 jobs in blow to Germany's auto industry
Bosch to cut 13,000 jobs in blow to Germany's auto industry
Bosch to cut 13,000 jobs in blow to Germany's auto industry

The cuts represent about 10% of Bosch's total workforce in the country, and 3% of its staff worldwide. Workers' representatives vowed to resist the cuts, labelling them 'unprecedented.'
German industrial giant Bosch said Thursday, September 25, it would cut 13,000 jobs, mostly in its auto unit, in the latest blow for the country's ailing car sector.
The auto industry in Europe's biggest economy has been hammered by fierce competition in key market China, weak demand and a slower than expected shift to electric vehicles.
The cuts, all of which will take place in Germany, represent about 10% of Bosch's total workforce in the country, and 3% of its staff worldwide.
Bosch − the world's biggest auto supplier, making everything from braking and steering systems to sensors − said the layoffs were needed to help make annual savings of €2.5 billion in the group's car unit.
You mean all of us average earners aren’t buying $80,000 electric cars in droves during this time of insane inflation? Weird!
China actually has electric cars with 300km range for under $20k.
We're not allowed to buy them in the West because it would show us all how much we're getting ripped off by our rulers.
We really are stupid and paying the price everyday.
Those cars are 20k because the majority of chinese blue collar workers are treated like 19th century coal miners, with few labor laws or regulations to speak of.
We get cheap shit because of their suffering.
There's more to this than JUST that. Not that you're wrong of course.
China subsidizes heavily because they want to be the only relevant player in the global EV market. These cars would cost closer to their non-Chinese counterparts if China wasn't doing this.
In global economics, this is considered unfair, and is usually retaliated against via tariffs.
and some of them actually make it to 300kms.
https://www.autoevolution.com/news/byd-seagull-front-right-suspension-arm-is-breaking-by-the-dozens-in-brazil-254141.html
Not sure that would help that much. A good amount of Bosch's business is in manufacturing parts for internal combustion engines, that's going away in any case.
You do have the Renault 4 and 5 that are reasonably priced. And I think Fiat also has a reasonably priced model.
We’re fairly limited in North America, unfortunately.
I wouldn't call that reasonable pricing, for what I can get it in my country. €28k - some subsidies is double what I've paid for a substantially bigger car 8 years ago. Not to mention that pretty low range that resets to garbage in winter months.
EU has 13 EVs under 25,000 euros. North American EVs are overpriced.