The global car market is in crisis, although some companies are recording positive sales results. Many companies try to reduce costs by laying off workers or shutting down production in some factories, this primarily applies to large European manufacturers such as BMW, which terminated the contract with the Dutch VDL Nedcar (part of VDL Groep) causing the loss of 2,000 jobs.

The VDL Nedcar factory started production in 1967 and since then has produced cars for Volvo, Smart, Mitsubishi, BMW and Mini. It is the only large car factory in the Netherlands with an annual production capacity of up to 200,000 cars. However, now due to the loss of the contract with BMW, which also includes the assembly of some Mini cars, they are forced to gradually lay off most of the workforce.

CEO of VDL Nedcar John van Soerland said that the company is currently in a difficult situation but will make an extra effort to attract new customers. From March 2024, Nedcar will retain only 450 employees to work on prototypes for potential new customers and finalize contractual obligations with BMW.

“We remain fully committed to making VDL Nedcar stronger in the future,” said van Soerland.

Source: VDL Nedcar