Hydraulic valve blocks are pictured at the Continental Automotive Technologies' plant in Gifhorn, Germany, on April 23, 2024. Production of the car component at the town of Gifhorn will end in 2027 and move to Croatia, the Czech Republic and Wales to keep the costs "competitive", according to Continental, which will cut about 7,000 jobs worldwide. (Photo by Léa PERNELLE / AFP) (Photo by LEA PERNELLE/AFP via Getty Images)