Job cuts

Volkswagen will cut production, jobs at Russian plant

March 23, 2015 11:55 CET

Volkswagen said it will reduce shifts and lay off at least 150 workers at its car plant in Kaluga, Russia, as demand shrinks. The company builds Audi, VW and Skoda cars in Kaluga....
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Cooper-Standard plans to close factories in Europe in cost-cutting move

Feb. 10, 2015 06:01 CET

U.S. supplier Cooper-Standard Automotive plans to shutter factories and cut jobs in Germany and France as it restructures its European operations.The company, which has 12 factories in western Europe, declined to name which factories will be closed or downsized....
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PSA will invest 150 million euros in French plant

Dec. 11, 2014 12:05 CET

PSA has agreed to invest 150 million euros ($187 million) over the next three years to add models such as upscale compact car at its plant in Poissy, France, unions said....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Honda counts on new models to help end Europe woes

Dec. 8, 2014 06:01 CET

Honda says new models and a leaner organization will help it rebound in Europe in 2015 after seven years of falling sales....
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PSA plans to cut 3,450 French jobs in 2015, report says

Nov. 19, 2014 17:27 CET

PSA/Peugeot-Citroen is preparing to cut another 3,450 French jobs next year, sources said, as the troubled carmaker pursues a recovery plan under new CEO Carlos Tavares....
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Ford to cut 20% of staff at B-Max plant in Romania

Nov. 19, 2014 15:35 CET

Ford will lay off 20 percent of the workforce at the Romanian plant that builds the B-Max as it adjusts to falling sales of the subcompact minivan....
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VW may use fewer temporary staff as part of cost cuts

Oct. 12, 2014 22:30 CET

Volkswagen may use fewer temporary staff as part of efforts to reduce costs by 5 billion euros ($6.3 billion), CEO Martin Winterkorn told a German magazine....
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Lotus plans to cut up to 325 jobs to reduce losses

Sept. 18, 2014 18:41 CET

UK sports car maker Lotus said it plans to cut as many as 325 jobs, a quarter of its workforce, as it seeks to reduce losses....
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PSA to cut jobs and output at French plant, unions say

Sept. 1, 2014 23:08 CET

PSA will cut 300 jobs as it reduces output at its factory in Sochaux, eastern France, starting in November, trade union officials said....
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AvtoVAZ to cut workforce by 45%, report says

Aug. 29, 2014 12:22 CET

AvtoVAZ plans to reduce staff numbers by 25,000, finance head Evgeny Belinin told a French newspaper. AvtoVAZ, controlled by the Renault-Nissan alliance, is also cutting Lada production and freezing vehicle prices....
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AvtoVAZ aims to win back market share to return to profit, CEO Andersson says

Aug. 27, 2014 10:54 CET

AvtoVAZ plans to return to profit by cutting costs and rolling out new models to claw back market share that has been slipping away from the producer of Lada vehicles since the end of the Soviet Union....
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