Factbox-Europe’s embattled auto sector plans plant closures and layoffs By Reuters

(Reuters) – Car companies in Europe have announced factory closures and big layoffs as they battle weak demand, high costs, competition from China and a slower-than-expected shift to electric vehicles.

Below are the job cuts and closings announced in recent months, starting with the most recent:

VOLKSWAGEN:

Europe’s leading carmaker Volkswagen ( ETR: ) agreed with unions on Dec. 20 to cut 35,000 jobs and cut production at plants in Germany by nearly a quarter, although there are no immediate plant closings or layoffs.

Earlier in December, Volkswagen announced that its Audi plant in Brussels would halt production until February 28 after the company found no alternative to the closure.

FEINTHOOL

Swiss automotive supplier Feintool announced on December 3 that it will close one of its sites in Germany and lay off up to 200 people.

VALEO

French auto parts supplier Valeo (EPA.) will cut about 1,000 jobs in Europe, sources told Reuters on Nov. 27, adding that the restructuring initiative would result in the closure of two French plants.

STARS

Automaker Stellantis (NYSE: ) announced on Nov. 26 plans to close its Vauxhall van plant in Luton, England, putting more than 1,000 jobs at risk.

It has repeatedly halted assembly at its main plant in Mirafiori, Italy due to low demand, particularly for the electric version. Fiat: (BIT:) 500.

The company has announced that it has no plans to close factories in Italy.

BOSCH:

Bosch: (NS:) the world’s largest auto parts supplier, plans to cut 5,500 jobs by 2032 at its cross-domain computer solutions and management units, mostly at German plants, and reduce the working hours of some employees, it said on Nov. 22.

FORD:

American carmaker Ford (NYSE: ) announced on November 20 that it will cut 4,000 jobs, mainly in Germany and Britain, representing 14% of its European workforce.

MICHELIN

French tire manufacturer Michelin (EPA:) will close two sites in western France, affecting about 1,250 jobs, it said on Nov. 5.

SCHEFFLER

German car and auto parts maker Schaeffler said on Nov. 5 it plans to cut 4,700 jobs in Europe, mostly in Germany, after its operating profit nearly halved in the third quarter.

Restructuring efforts will include closing production facilities in Austria and Britain.

DAIMLER truck

Daimler (OTC:) Truck, the world’s largest truck maker, announced on Aug. 1 that it will cut working hours and freeze jobs for employees in its German business.