Plant Closings
Opel reaches severance deal with workers at Bochum, Germany, plantJune 16, 2014 17:18 CET
Opel has reached a severance deal with workers at its factory in Bochum, Germany, a crucial step in the GM unit's restructuring to return to profitability....Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE
PSA, Honda have factories at risk of closure, analysts sayJune 10, 2014 06:01 CET
A number of car factories are at risk of closure because of overcapacity in the European auto industry. PSA's factory in Rennes, France, and Honda's plant in Gebze, Turkey, are highest on the list, according researchers....Read More »
Opel factory closure will cost more than 550 million euros, report saysMay 16, 2014 19:10 CET
The closure of Opel's factory in Bochum, Germany, is set to cost at least 550 million euros ($754.41 million), sources said....Read More »
A WARNING IN WINDSOR
Canada losing 'civil war' for auto jobs 12:01 am U.S. ET | March 31, 2014
Chrysler Group shocked many Canadians when it abandoned potential government help to overhaul its assembly plants in Windsor, Ontario. Chrysler will stay, for now anyway, but CEO Sergio Marchionne's dire warnings about Ontario's "competitiveness" left many questioning the long-term fate of building vehicles in Canada....Read More »
Ford of Europe works its way backMarch 10, 2014 06:01 CET
After Ford of Europe completes its current round of plant closings, it will bring manufacturing to 80 percent of capacity....Read More »
Ford of Europe works its way back 12:01 am U.S. ET | March 10, 2014
After Ford of Europe completes its current round of plant closings, it will bring manufacturing to 80 percent of capacity....Read More »
Volvo CEO says Europe production footprint safeNov. 8, 2013 06:01 CET
Volvo CEO Hakan Samuelsson says the company's car production footprint in Europe is safe despite the region's chronic overcapacity. He also believes the region's sales slump could be coming to an end....Read More »
DOUGLAS A. BOLDUC
Au revoir, Heuliez 12:01 am U.S. ET | Nov. 6, 2013
Heuliez, which used to make cars for Peugeot, Renault and Opel, closed its plant on Nov. 1. The shutdown came a week after PSA stopped the line at its factory in the Paris suburb of Aulnay....Read More »
PSA plant closing leaves Europe with 18 factories too manyOct. 25, 2013 06:01 CET
PSA will end production at its factory in Aulnay near Paris but the closure is not enough to dent overcapacity in Europe's auto industry. Matching capacity with demand would entail closing 18 European plants, analysts say....Read More »
DOUGLAS A. BOLDUC
Three bad days for European car plants -- and more to come 12:01 am U.S. ET | Oct. 25, 2013
What do June 25, July 26 and Oct. 25 have in common? They are all days in which a European plant stopped vehicle production this year. The plants were victims of the region's chronic overcapacity....Read More »
French union want talks with U.S. tire chief on layoff plansOct. 24, 2013 06:01 CET
Union leaders at a Goodyear tire plant in northern France have agreed to talks with a Texan executive who caused an uproar earlier this year by saying the factory was "not worth saving" and calling the plant's workers lazy....Read More »
VW's Winterkorn says Europe should close 10 factoriesSept. 11, 2013 08:14 CET
Volkswagen CEO Martin Winterkorn said the European auto industry needs to close around 10 factories to reduce overcapacity caused by the region's slumping car market....Read More »
PSA to end Aulnay car output earlier than plannedAug. 30, 2013 12:24 CET
PSA will halt car production at its Aulnay plant near Paris earlier than planned as it transfers some workers to other roles....Read More »
Faurecia plans to close 8 plants, report saysJuly 24, 2013 18:22 CET
Faurecia, the French supplier controlled by PSA, plans to close eight seat factories, mostly in Europe, as the region's slumping vehicle sales hit car production, sources said....Read More »
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