The global automotive industry is currently valued at over $4 Billion and is expected to increase to more than $6.7 Billion by 2032.

 

The industry employs over 50million people worldwide and accounts for over 13 million jobs across the EU with new vacancies of almost 140,000 across the automotive manufacturing sector, at the beginning of 2024, vacancies increased by a huge 23.14%, compared to the end of the previous year.

 
Over the next five years, the automotive manufacturing industry is expected to undergo a significant transformation, driven by electrification, automation and sustainability. Electric vehicles (EVs) will likely dominate new vehicle production, with major investments in battery technology and charging infrastructure. Automation and AI will further streamline manufacturing processes, enhancing efficiency and reducing costs. Sustainability will be a key focus, with manufacturers adopting greener production methods and aiming for carbon neutrality. Additionally, the shift towards connected and autonomous vehicles will reshape industry dynamics, requiring new collaborations and innovations in software and hardware.

 
Morgan Ryder specialise in identifying and attracting talent for the global automotive sector. Our experienced team have supported global automotive OEM’s for over two decades, we enjoy established relationships with almost every OEM and first tier supplier across the industry, which has culminated in long term recruitment agreements.

 
If you are considering a change in career or planning to increase your team, contact us today!