Valeo, Forvia, Plastic Omnium, Michelin and all European automotive suppliers are preparing for a new year of change.
Weak growth in Europe, technological transition, rise in power of Chinese players… Not everyone anticipated the scale of this revolution in the same way.
“With the in-depth transformation of cars (electrification, autonomy, etc.), there will be a redistribution of roles between the winners and the losers
,” estimates Christophe Périllat, general manager of Valeo.
While over the past decade, manufacturers fought to restore their margins and restructure, this time, it is the equipment manufacturers who are on the front line and are announcing savings plans in a flurry.
Across the Rhine, giants like Continental, Bosch, ZF will cut thousands of jobs.
Some factories will close.
French sites are not spared.
The 1,500 French employees of the German Schaeffler, including the Haguenau and Chevilly factories…
This article is reserved for subscribers.
You have 86% left to discover.
Flash sale
€4.49/month for 12 months
I ENJOY IT
Already subscribed?
Log in