IndeedThat is a good point, plus the good pension scheme so maybe there is a potential market in the retired population. Those redundancies had to happen as we transition from ICE to electric motors.
My experience of the redundancies over the last 15 years in automotive is that they have been entirely driven by the shift of expertise from high cost to low cost countries and not really anything to do with the change in technology.
Moving away from places like France, Germany, US and UK and into places like Romania, Bulgaria and India. Lots of skilled people in those places at less than half the cost and no real impact as the vast majority of work is done over conference call now and not location specific at all.
The only exception I can think of is software becoming the dominant skill set and thus accounting for the majority of engineering spend on a project.
But you are right about ICE when it comes to the car manufacturers, its a bigger thing for them (we were a tier1 supplier and it didn't really matter to us what happened with the drivetrain)