11 Feb 2009, 08:54 UTC · By: Madalina Iancu / As the financial crisis continues to hit automakers across the world, many of them are forced to drastically cut costs by laying off employees in order to survive. Unfortunately, Bentley is no excep...
23 Jan 2009, 16:02 UTC · By: Madalina Iancu / It's not that we wouldn't have predicted it but it took some time until Harley Davidson announced its measures to cope with the doomed financial crisis. According to Reuters, the Americ...
23 Jan 2009, 10:13 UTC · By: Madalina Iancu / While some automakers try to get rid of the 2008 unsold stock by selling it to its managers (perhaps you remember the Toyota case), others put across rebates plans for this year. Since we're...
16 Jan 2009, 09:03 UTC · By: Madalina Iancu / Weak demand in the automotive industry has already determined car makers to cut down production in a manner they haven't done before. Facing the same problem, Toyota Motor Corp has officiall...
15 Jan 2009, 08:18 UTC · By: Madalina Iancu / With the doomed financial crisis affecting the world economies, a lot of people are losing their jobs these days. The new year has just began and automakers have already announced their own extreme ...