autoevolution

Stories about: cost-cutting

Hyundai, Kia Delay Payments to Managers
Hyundai, Kia Delay Payments to Managers

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Although it initially seemed like Japanese companies were less involved into what seems to be the toughest period in the history of the global automotive industry, the financial recession now starts...

 
Aston Martin Sells 20 Percent Stake
Aston Martin Sells 20 Percent Stake

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Representatives of the British luxury sports car manufacturer Aston Martin admitted they are currently looking to sell a 10 to 20 percent stake in the company but refused to unveil the names of pote...

 
Japan Continues Cost-Cutting Plans, Expects Tougher Times
Japan Continues Cost-Cutting Plans, Expects Tougher Times

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Similar to the North American companies, Japanese automakers feel exactly the same pressure caused by the global recession and according to analysts, difficult times will continue to exist in the ne...

 
Toyota Discontinues US-Built Prius
Toyota Discontinues US-Built Prius

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Toyota Motor Corp. is no longer interested in building the Prius hybrid in the United States due to the decreasing petrol prices which obviously reduced demand for battery-powered cars. The decision...

 
SEAT Alters 2009 Production
SEAT Alters 2009 Production

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Spanish carmaker SEAT is the latest victim of the global recession as the company has just announced that it decided to modify the initial production schedule due to the decreasing demand on most ma...

 
Fiat to Suspend 14 Production Plants
Fiat to Suspend 14 Production Plants

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Although it initially seemed like European manufacturers are less affected by the economic crisis, recent news reported that major companies such as Volvo, Volkswagen and Saab started experiencing v...

 
Ford Otosan Suspends Production for 3 Weeks
Ford Otosan Suspends Production for 3 Weeks

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / News telling you about reduced production, idled plants and job cuts shouldn’t really amaze you, as large companies such as General Motors, Chrysler, Volvo or Ford already announced multiple s...

 
Ford Idles 10 Production Plants
Ford Idles 10 Production Plants

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / New day, more suspended plants. This time, the company that takes the decision to temporary suspend the activity of several production facilities is Ford, one of the largest carmakers in the world a...

 
GM's Cost-Cutting Almost Completed
GM's Cost-Cutting Almost Completed

8 Oct 2009, 08:29 UTC · By: Bogdan Popa / General Motors' fight with the economic chaos is about to end as the company is now entering the last rounds of the huge cost-cutting process it started earlier this year. Still, the US-based m...

 
GM Pledges for "Tough Actions" to Stay in Business
GM Pledges for "Tough Actions" to Stay in Business

13 Apr 2009, 11:03 UTC · By: Bogdan Popa / We already knew that General Motors was experiencing the toughest period in its history, with cost-cutting measures, viability plans and major departures turning into common things for those involve...

 
Toyota Preps UK Cost-Cutting Schedule
Toyota Preps UK Cost-Cutting Schedule

13 Mar 2009, 08:40 UTC · By: Bogdan Popa / As part of its broader campaign to reduce costs around the world and align production with the falling market demand, the UK division of Toyota Motors Corporation yesterday announced it will tempora...

 
Jaguar Land Rover, Employees Close to Settle Cost-Cutting Schedule
Jaguar Land Rover, Employees Close to Settle Cost-Cutting Schedule

17 Feb 2009, 15:52 UTC · By: Bogdan Popa / While being forced by local governments to preserve jobs, some companies search for alternative programs that could reduce costs without slashing workforce. Jaguar Land Rover is surely a good exampl...

 
GM Europe to Cut Costs, Fire Thousands
GM Europe to Cut Costs, Fire Thousands

17 Feb 2009, 08:08 UTC · By: Bogdan Popa / Following yesterday's announcement that the American automaker may close the doors of about 3 production facilities in the near future, General Motors today said the restructuring plan might co...

 
Toyota Bows as the Recession Continues to Slash Sales
Toyota Bows as the Recession Continues to Slash Sales

6 Feb 2009, 14:46 UTC · By: Bogdan Popa / Recently crowned the world's number one automaker, problems are far from being over for Toyota as the Japanese company continues to fight against the economic downturn with all kinds of cost-cu...

 
Ford Plans to Let Go Up to 850 Workers in the UK
Ford Plans to Let Go Up to 850 Workers in the UK

6 Feb 2009, 14:06 UTC · By: Bogdan Popa / Ford has just announced that it plans to cut around 850 jobs in the United Kingdom due to collapsing sales and decreasing demand, the main factors that pushed global automakers to similar decisions....