2025 Global Automotive Industry Outlook

This report examines the anticipated developments in the global automotive industry for 2025, focusing on electric vehicle (EV) sales, trade policy impacts, and workforce challenges. It outlines that electric car sales are projected to exceed 20 million units, although growth may slow in key markets due to economic factors and supply chain disruptions. The report highlights that 91% of automakers are experiencing hiring plan impacts due to trade policy uncertainty, leading to cautious hiring practices. Additionally, it discusses the importance of retaining skilled talent amidst these challenges and the need for employers to adapt to changing workforce demands. The report also emphasizes the significance of hybrid skills, as employers seek versatile talent capable of navigating the transition to electric vehicles. Furthermore, it notes that the automotive industry is evolving rapidly, driven by advancements in technology and changing business models, necessitating strategic workforce planning and continuous learning initiatives to meet future demands.