Spanish Opel Workers Protest Against Magna
21 Sep 2009, 07:57 UTC · By: Bogdan Popa / Things are getting worse for Magna International, the Canadian - Austrian partsmaker recently picked by General Motors to become Opel's new owner. Thousands of Spanish Opel workers demonstrated...
Opel Workers to Support Belgians
16 Sep 2009, 13:19 UTC · By: Bogdan Popa / Magna is already working on the future when it comes to Opel but it appears that things are getting more complicated every day. This time, German workers are threatening that some of them could go t...
Magna Plants to Cut 10,500 Opel Jobs
14 Sep 2009, 09:44 UTC · By: Bogdan Popa / The European Union will discuss the Magna - Opel deal today, so a final verdict is yet to be released, but speculation on the future plans of the Canadian - Austrian partsmaker has already started s...
AvtoVAZ to Cut 5,000 Jobs
11 Sep 2009, 14:57 UTC · By: Bogdan Popa / The collapse the Russian auto sector is experiencing is getting more serious by the day and automakers selling cars in the country are forced to impose the same cost-cutting measures we've seen...
General Motors Will Cut 1,000 More Jobs
10 Sep 2009, 08:55 UTC · By: Bogdan Popa / The US former bankrupt automaker General Motors will cut around 1,000 jobs after some of the company's workers will take buyouts and early retirements offers through a programme started by the ...
GAZ Group to Fire 8,000 Workers
31 Aug 2009, 08:16 UTC · By: Bogdan Popa / The difficult economic times continue in Russia, a country in which automakers are still forced to turn to cost-cutting measures in order to save as much money as possible. GAZ Group is one of the c...
Nissan to Fire 2,000 Spanish Workers
27 Aug 2009, 14:58 UTC · By: Bogdan Popa / Japanese manufacturer Nissan recently announced it plans to cut its Spanish workforce by around 2,000 jobs as the company is currently experiencing decreasing demand for the vehicles built in the co...
Holden to Cut 200 Jobs
26 Aug 2009, 08:55 UTC · By: Bogdan Popa / The economic environment is still difficult for GM's Australian carmaker Holden who recently confirmed that it will cut approximately 200 jobs, most of them currently at the Melbourne headquart...
Ford to Cut Spanish Workforce by 600
3 Aug 2009, 08:35 UTC · By: Bogdan Popa / Ford, the only US giant who survived without government funding in the domestic market, wants to reduce workforce in Spain by around 600 employees. The company has already informed unions of its pla...
SsangYong Workers, Board to Hold Talks in "Peace Zone"
30 Jul 2009, 07:17 UTC · By: Bogdan Popa / "You hit us, we hit you!" seems to be the favorite motto of the workers at SsangYong's Pyeongtaek plant who decided to protest against the board's decision to cut workforce in a ...
Magna Would Cut 1,200 Vauxhall Jobs in Britain
28 Jul 2009, 08:44 UTC · By: Bogdan Popa / And here we go again... A new day, a new story surrounding the future of Opel/Vauxhall. This time it's about Magna, the Canadian - Austrian parts manufacturer who's still in the battle for...
Tata to Cut More Jobs at Jaguar, Land Rover
29 Jun 2009, 13:51 UTC · By: Bogdan Popa / Things are going from bad to worse for Indian manufacturer Tata Motors who might turn to new cost-cutting measures in the near future following poor results posted by its Jaguar and Land Rover brand...
Saturn Outlook Demand Grows, GM Recalls 900 Workers
22 Jun 2009, 13:34 UTC · By: Bogdan Popa / Curiously enough, Saturn, a brand which is days away from an official selling to a new investor, performs well in such a difficult economic environment and even helps GM, still the owner of the comp...
Fiat Pledges to Protect Italian Jobs...
18 May 2009, 07:29 UTC · By: Bogdan Popa / ... although this might sound far-fetched for some of you. The Italian automaker promised it would not cut jobs in the domestic market if it receives government assistance, the Italian Industry Mini...
Daimler Prepares Job Layoffs for Japanese Truck Unit
13 May 2009, 09:47 UTC · By: Bogdan Popa / The economic recession is still putting pressure on companies involved in the automotive industry and, if you consider American automakers are not the best example, have a look at Daimler. The world...
More Than 4,800 Renault Workers Voluntarily Quit Their Jobs
5 May 2009, 09:58 UTC · By: Bogdan Popa / Renault's voluntary departure project is showing the first positive results as approximately 4,800 employees have agreed to quit their jobs from the beginning of the campaign. According to the ...
Magna Says It Has Enough Money to Buy Opel, Fires 725 Workers in Canada
30 Apr 2009, 14:52 UTC · By: Bogdan Popa / The long stopry short: Magna International has recently been linked with an Opel acquisition, with the officials of the company hinting that it has enough money to purchase the German unit. Meanwhil...
Harley-Davidson Reports Slow Sales, Announces Job Cuts
16 Apr 2009, 14:12 UTC · By: Bogdan Popa / The motorcycle industry is going down as well, despite that related economic reports make the headlines only once in a while. Harley Davidson for example today announced its first quarter 2009 resul...
Nearly 7,500 Employees Agree to Voluntarily Leave General Motors
27 Mar 2009, 08:05 UTC · By: Bogdan Popa / Following this week's announcement that General Motors will debut a job cutting schedule to reduce workforce and get back on track, nearly 7,500 employees agreed to voluntarily leave the compan...
Toyota Suspends UK Salaries
18 Feb 2009, 15:54 UTC · By: Bogdan Popa / As part of a broader campaign to cope with the economic downturn, Japanese automaker Toyota today announced it decided to freeze UK salaries, citing the lowering demand as the reason. According to A...