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Workers at German auto supplier Bosch call for EU action to stem job losses

Workers at German auto supplier Bosch call for EU action to stem job losses

- Labour representatives at auto supplier Bosch ROBG.UL demanded on Wednesday political action at EU level to stem job losses in the industry by drawing up regulations to promote local production.

"The transformation of our industry will only succeed if we keep value creation and jobs in Europe," said Frank Sell, head of the general work's council at Bosch's Mobility unit, representing around 70,000 German workers.

Bosch is cutting 13,000 jobs in its core automotive business by the end of the decade, part of a wave of layoffs in the sector as carmakers like Volkswagen VOWG_p.DE, BMW BMWG.DE and Mercedes-Benz MBGn.DE battle Chinese competition, tariffs and high production costs.

Sell demanded "clear 'Made in the EU' rules that give us the time we need to work together to become competitive."

The European Commission is assessing trade measures that could shield local industry from low-cost Chinese carmakers like BYD 002594.SZ and Chery 9973.HK, which are increasingly looking to Europe for growth as their home market slows.

EU leaders are expected to discuss the bloc's widening trade deficit with China next month.




(Reporting by Rachel More in Berlin and Philip Blenkinsop in Brussels
Editing by Linda Pasquini)

((rachel.more@thomsonreuters.com;))

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