Amid the EV Price War Tesla Started, Suppliers Are Expected To Shed Blood for the Cause
3 Feb 2023, 12:31 UTC · By: Cristian Agatie / The massive price cuts that Tesla announced in January were not entirely unselfish, as new reports show the EV maker is pressuring suppliers to cut costs by 10%
BMW Bets on the Younger Generation, to Cut Workforce Some More
19 Jun 2020, 09:23 UTC · By: Daniel Patrascu / BMW announced a new set of measures meant to improve the company’s earnings and preserve the "capacity for innovation in the long term"
BMW, Ahead of Planned Cost Reduction
14 Sep 2009, 11:57 UTC · By: Daniel Patrascu / German manufacturer BMW is, according to its CEO, Norbert Reithofer, on track to beat its self-set target of reducing expenses. The addition of new models, Reithofer believes, will also help the com...
Ford's Canadian September Union Talks
28 Jul 2009, 12:13 UTC · By: Daniel Patrascu / American manufacturer Ford announced it will enter exploratory cost cut talks with the Canadian Auto Workers (CAW) and is confident a positive result will be reached. The talks will be centered ...
Daimler Reaches Agreement with Its Employee Council
28 Apr 2009, 15:44 UTC · By: Daniel Patrascu / Following the release of the financial report for the first quarter of 2009, which indicated a total EBIT loss of 1,426 million euro, Daimler has turned to cost cutting measures to prevent another d...