The automotive industry is undergoing major changes due to increasing electrification. There is a risk of slippage for European manufacturers, especially as China in particular puts pressure on them. Nevertheless, the (supply) industry remains an important economic factor – and employer – in this country. How much do car dealers and top dogs like Magna, BMW and Co. pay their warehouse staff, mechanics, etc.? We looked into it…
The number of electric cars is constantly increasing. In 2023, 41 percent more ‘electric cars’ were registered compared to the previous year, which means that the number of these cars in Austria has already exceeded 150,000. In March, credit insurer Acredia and Allianz Trade published a study showing that a similar percentage increase in new registrations was predicted for the whole of Europe this year.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
