Car sales have been declining in recent years and the transition to electric cars could be a key factor in that.
Much has been questioned why the sale of cars It has lost strength in recent years, as reports have shown significant declines in the figures compared to previous periods.
There is a hypothesis that could answer this question that has tormented automakers at all times, and that is that production may have reached its maximum for the moment.
This was assured BOSCH, the multinational car parts supplier company according to the Money in Image portal. But if sales have already declined, it is estimated that worldwide automotive production will fall for the third consecutive year, by 2.6%, to 89 million vehicles in 2020.
The demansa drop in countries such as China, Europe and the United States has caused the sales forecast for this year to be fatal.
“It is very likely that we have exceeded the peak of automotive production,” said the chief executive of Bosch, Volkmar Denner.
Denner also assumes that the low level will remain constant and does not expect an increase in car production worldwide before 2025, while the market would be reduced by 10 million units in 2020 compared to 2017.
During 2019, profits for China in the first months sank 40%, which represents a key alert for being one of the countries with the highest demand for production. Companies like Ford Y General Motors they presented severe falls.
With the transition from combustion cars to electric cars, long-term growth opportunities are expected to be generated but there will be an impact on short-term employment.
Denner said that 10 workers are needed to manufacture a diesel injection system, three for one of gasoline and one for an electric motor.
As a result, BOSCH He said it will be necessary to make adjustments to his workforce, which will include fewer work hours, voluntary leave and compensation, although the firm refused to give a global number of layoffs.
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