Job cuts

Honda cuts UK car output on weak growth outlook

March 25, 2014 16:50 CET
Honda will cut 340 jobs at its UK factory and reduce production to two shifts from three. The company said it does not expect sales to rebound in Europe in the next couple of years.... Read More »


New PSA boss Tavares eyes further cost cuts

March 3, 2014 21:32 CET
PSA/Peugeot-Citroen may seek more cost savings and does not rule out capacity cuts in France after 2016 if they are needed to turn the struggling carmaker around, new CEO Carlos Tavares said.... Read More »


PSA widens French work force cutbacks

Jan. 28, 2014 12:31 CET
PSA aims to widen its planned work force cutbacks beyond 11,200 jobs in France by offering early retirement packages to encourage an additional 3,500 employees to leave by 2016.... Read More »


SGL says up to 300 jobs affected by cost-cutting program

Dec. 12, 2013 06:01 CET
German carbon fiber specialist SGL Group said that its global work force will be reduced by up to 300 jobs as part of a cost-cutting program.... Read More »



PSA versus Ford in a tale of two layoffs

Dec. 4, 2013 15:00 CET
Both PSA and Ford have cut their output and work forces in a bid to restructure their businesses. But the way they have gone about it highlights the fundamental contrasts between running a business in the United States and France.... Read More »



Europe ready to re-boot

Sept. 2, 2013 06:01 CET
Green shoots of recovery are beginning to appear for Europe's carmakers, despite continued shrinkage in the region's overall new-car sales. “The worst is over,” Roelant de Waard, Ford of Europe's head of sales and marketing said in an interview last month.... Read More »


PSA opens 3rd China plant as European sales slide

July 2, 2013 06:01 CET
PSA opened a third assembly plant in China today, expanding in the world's largest vehicle market even as a slump in European demand prompts it to cut jobs at home.... Read More »


Michelin pressed by French gov't to redevelop doomed French site

June 11, 2013 12:30 CET
Michelin should contribute to the redevelopment of a French truck tire plant where it plans to end production in 2015, the French government's Labor Minister said. Michelin announced 700 domestic job cuts on Monday, becoming the latest auto industry manufacturer to slash staffing in response to the European downturn.... Read More »


PSA unions back job-cuts plan, French plant closure

April 30, 2013 06:01 CET
PSA has received the backing of five of its six main unions to push ahead with plans to eliminate 11,200 jobs and shutter a French factory, a central part of wide-ranging reforms at the French carmaker aimed at halting ongoing losses.... Read More »


VW may cut temporary staff in Europe, Winterkorn says

April 27, 2013 12:39 CET
Volkswagen may cut temporary posts in response to Europe's weak market but won't close factories or reduce its permanent work force, CEO Martin Winterkorn said.... Read More »


PSA restructuring plan cleared by Paris court

April 26, 2013 15:49 CET
PSA/Peugeot-Citroen can move forward with the elimination of 11,200 jobs and a factory closing after a French court threw out a legal challenge from two unions to the plan.... Read More »


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How a Texas Toyota store solved used-car-supply challenge

How a Texas Toyota store solved used-car-supply challenge

Mike Shaw Toyota in Corpus Christi, Texas, struggled to find good used cars. So it started providing free appraisals to service customers and offered to buy their vehicles on the spot. Mon., April 14
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