22 Nov 2010, 12:02 UTC · By: Bogdan Popa / Although things seemed to go great for French carmaker Renault, tackling low sales and low production levels is once again a top priority for the company that managed to stay away from the crisis wi...
23 Mar 2010, 15:41 UTC · By: Andrei Tutu / The global recession continues to show its negative effects on the automotive industry. The latest car segment contraction news is linked to Volkswagen, who reduced production by 44 percent at its ...
10 Feb 2010, 07:58 UTC · By: Bogdan Popa / While both Germany and the United Kingdom last week expressed their intentions to provide financial support for GM's Opel, Nick Reilly's yesterday statement changed plans a little bit. The...
2 Feb 2010, 08:04 UTC · By: Bogdan Popa / Opel/Vauxhall CEO Nick Reilly said in a statement that there is no plan to go beyond the initial 8,300 job cutting plan in Europe, despite claims from unions that approximately 2,000 more employees ...
28 Jan 2010, 14:18 UTC · By: Andrei Tutu / Toyota’s current situation is a perfect example that it is much easier to get to the top than to maintain that position. After managing to surpass GM as the world’s biggest automotive pr...
15 Jan 2010, 14:22 UTC · By: Andrei Tutu / Michelin has decided to close its plant in Ota Japan, which currently employees 380 people, as just-auto.com reports. The factory will be closed in July after several measures destined to increas...
14 Jan 2010, 10:54 UTC · By: Bogdan Popa / Unfortunately for all those involved in the auto industry, the economic environment continues to remain extremely unstable and every single drop in demand leads to significant measures in this parti...
5 Dec 2009, 11:00 UTC · By: Bogdan Popa / General Motors agreed to save another 550 jobs at the Opel engineering center in Germany, a move that further reduces the final amount of job cuts prepared for the German manufacturer as part of res...
3 Dec 2009, 08:21 UTC · By: Bogdan Popa / As General Motors continues negotiations with involved parties over Opel's fate, more rumors are emerging, this time pointing to fewer job cuts across Europe. According to a report by Reuters c...
27 Nov 2009, 07:36 UTC · By: Bogdan Popa / General Motors held talks with German officials and labor leaders over the proposed job cuts, revealing that Germany would be the most affected if its restructuring plan gets the final approval. But...
26 Nov 2009, 08:48 UTC · By: Bogdan Popa / While rumors are pointing to dramatic changes in Opel's European business, General Motors promises to keep all German plants open but will attempt to reduce production across the continent by 2...
24 Nov 2009, 08:23 UTC · By: Bogdan Popa / General Motors will meet with Opel union representatives on Wednesday to discuss the proposed restructuring plan. The US-based manufacturer is believed to eliminate around 10,000 jobs in Europe, alm...
5 Nov 2009, 09:12 UTC · By: Bogdan Popa / Even if General Motors decided a few days ago to keep Opel and cancel the sale to Magna International, this doesn't necessarily mean that the US-based manufacturer intends to continue with the ...
6 Oct 2009, 06:44 UTC · By: Bogdan Popa / Under the strong pressure of unions and politicians, Magna, often referred to as the new Opel owner, promises to cut fewer jobs at the Spanish plant. According to original restructuring plans, Magna...
1 Oct 2009, 09:08 UTC · By: Bogdan Popa / Negotiations on the future of Opel are going well and General Motors might sign the contract to sell 55 percent of the German brand to Magna and Sberbank next week. In case the US-based carmaker giv...
28 Sep 2009, 15:07 UTC · By: Bogdan Popa / Negotiations on the job cuts to be applied by Magna International continue, this time with another proposal coming from Opel's employees who are seeking to demand the Canadian - Austrian partsm...
28 Sep 2009, 12:33 UTC · By: Bogdan Popa / Toyota announced in late August that it will shut down operations at the New United Motor Manufacturing Inc. (NUMMI) plant in California. According to a report by the Nikkei business daily cited by ...
28 Sep 2009, 09:18 UTC · By: Bogdan Popa / Even if they marched against Magna's projected job cuts, several Spanish workers are going to be laid off temporarily as a broader attempt of General Motors to align production with market dema...
22 Sep 2009, 19:11 UTC · By: Bogdan Popa / A leaked Magna business plan revealed that the Canadian - Austrian partsmaker intends to lay off 10,952 Opel workers at various plants across Europe. The documents, which were published by the Germa...
21 Sep 2009, 10:18 UTC · By: Bogdan Popa / Both Magna and General Motors hope to complete the close the Opel deal by October. But in order for this to happen, the involved parties must decide on how many people will leave the company and how...