100,000 jobs were destroyed in the European automobile industry in 2024.
Industry & EmploymentEuropean Union
- Omissions
- The figure of ~100,000 jobs is a cumulative total for 2024 AND 2025 in the automotive SUPPLY sector, not the 2024 figure for the automobile industry as a whole.
- CLEPA data refer to jobs ANNOUNCED to be cut (to be implemented over the following 2–5 years), not necessarily to jobs actually destroyed in 2024.
- The 54,000 figure covers automotive suppliers only; if vehicle manufacturers (OEMs) are included, the 2024 total would be somewhat higher, but no source supports 100,000 for 2024 alone.
- Some sources (FT, just-auto) were published after the session date (2026-07-07) but report data from the 2024–2025 period.
- Sources
- SecondaryCLEPA — Data Digest: 'Job losses escalate as demand stays below expectation'In 2024 alone, automotive suppliers announced that 54,000 jobs will be cut, with most of these in the next two to five years.
- SecondaryCLEPA — 'Structural pressures on Europe's suppliers: policy delivery is key'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 [to over 100,000].
- SecondaryFinancial Times — 'Job losses in European car parts sector top 100,000'European car parts suppliers have announced more than 100,000 job losses in the past two years as they suffer from low demand for vehicles.
- SecondaryJust Auto — 'European automotive job losses hit record high in 2024'The automotive supply sector announced 54,000 job cuts in 2024, surpassing the total number of job losses during the peak Covid-19 years.