The Swedish supplier of car parts GKN ePowertrain may be shut down within two years. The management is already considering stopping production.
The Swedish supplier of car parts GKN ePowertrain, which i.a. manufactures four-wheel drive and powertrains for electric cars, is on the verge of closure.
The management is already considering stopping production at the company's factory in Köping. And not only can production come to a standstill, the entire factory can shut down.
Bärgslagsbladet writes that.
– In light of the transition to electric locomotives and the overall reduction in car production reducing the demand for hypoid-based gear products such as PTUs and RDUs, GKN Automotive is looking at opportunities to consolidate the majority of our PTU and RDU production.
– That to locations outside Europe, where demand is decreasing at a slower pace, states Corrie Raine, GKN's global communications manager, in an email to Bärgslagsbladet.
READ ALSO: More than one in three Germans switch from an electric car to a petrol car
The company also confirms that it has started negotiations with the employees' unions. In other words, so-called professional negotiations. Right now at least 500 stand to lose their jobs.
– We are therefore announcing that we are considering discontinuing production in Köping and that we will now start negotiations with the trade unions at the factory.
– Our focus right now is to support our employees and their trade union representatives as we responsibly enter into this process together, says Corrie Raine.
At home, too, it is on the verge of closing. The 107-year-old company Stenhoj, which i.a. manufactures autolift systems, announced earlier this month that it is closing production in Denmark.
Only a very small part of the company continues in Denmark. The rest is moved abroad. Read more about it here .
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