Plant ClosingsPSA unions bicker over job cuts at crisis-hit automakerFeb. 1, 2013 06:01 CET  PSA/Peugeot-Citroen labor leaders squared off against one another over a plan to eliminate 17 percent of the automaker's French work force, with three of the five main unions urging immediate action to stem losses.... Read More »
PSA unions bicker over job cuts at crisis-hit automakerJan. 31, 2013 17:49 CET  PSA/Peugeot-Citroen labor leaders squared off against one another over a plan to eliminate 17 percent of the automaker's French workforce, with three of the five main unions urging immediate action to stem losses.... Read More »
Cutbacks at PSA and Renault meet growing resistanceJan. 30, 2013 06:01 CET Labor tensions at France's automakers took a turn for the worse as Renault workers protested over planned cuts and PSA/Peugeot-Citroen's restructuring plan hit a legal setback.... Read More »
PSA court ruling may delay job cutsJan. 29, 2013 12:30 CET  PSA will continue negotiating job cuts with unions despite a court ruling that ordered a temporary suspension of restructuring until the group completes worker consultations at two sites belonging to parts division Faurecia.... Read More »
BRUCE GAIN Europe's crisis forces Renault to get tough 12:01 am U.S. ET | Jan. 24, 2013  Faced with steep sales declines, Renault may dare the previously unthinkable: Closing unproductive car plants in France.... Read More »
Opel union spurns GM's demand for wage freezeJan. 23, 2013 10:40 CET  German trade union IG Metall said it will not accept demands by General Motors to freeze wages for workers at its money-losing Opel division in Germany.... Read More »
Renault denies it may close two French plantsJan. 22, 2013 18:34 CET  Renault said its workers in France need to make concessions on pay and conditions to safeguard the future of domestic plants but denied a union leader's claim that it plans to shutter two French factories.... Read More »
Ford production at Belgium plant remains halted amid protestsJan. 18, 2013 17:19 CET  Production at Ford's factory in Genk, Belgium, remained halted as protests over plans to shutter the plant showed no sign of letup. Ford hasn't shipped a vehicle from Genk since saying Oct. 24 that the plant will shut for good in 2014.... Read More »
Opel plant closure deals setback to labor talksDec. 11, 2012 06:01 CET  Opel's decision to close its car plant in Bochum, Germany, has dealt a setback to restructuring talks with its German labor force, trade union IG Metall said.... Read More »
Opel confirms German plant will close in 2016Dec. 10, 2012 12:18 CET  Opel confirmed it will close its Bochum plant in Germany in 2016 when the current version of the Zafira minivan is replaced, as the automaker does not expect Europe's auto market to recover soon... Read More »
Opel labor leader says no Ford-style overhaul imminent at automakerNov. 13, 2012 14:55 CET  Wolfgang Schaefer-Klug, Opel's top labor leader, says he aims to reach a deal on German jobs with the company's management before Christmas and says Ford's decision to close three factories and cull 5,700 jobs in Europe will not serve as a blueprint for General Motors' European unit.... Read More »
Ford says 2012 European losses will top $1.5B 8:27 am U.S. ET | Oct. 25, 2012  Ford said it will reduce production capacity in Europe by 18 percent, or 355,000 vehicles, and cut 6,200 jobs to bring its European operations back to profit. It warned its European operations would lose in excess of $1.5 billion for 2012.... Read More »
Ford will close two production sites in UKOct. 25, 2012 14:41 CET  Ford said it will close two facilities in the UK as it seeks to return its European operations to profitability amid the region's slumping market.... Read More »
Ford to shut European plant; GM outlines product-sharing plan 7:28 am U.S. ET | Oct. 24, 2012  Ford said it will close a Belgian assembly plant and GM outlined a joint product-sharing plan with a French rival as the Detroit automakers battle mounting losses in Europe. Ford is also preparing to close a chassis plant in Britain as early as next year, Bloomberg and other media outlets reported, citing people familiar with the plans. Ford scheduled a conference call with journalists and analysts on Thursday to provide more details of its turnaround plan for Europe.... Read More »
Ford to shut Genk factory, move production to SpainOct. 24, 2012 09:08 CET  Ford said it will end production at its car plant in Genk, Belgium, by the end of 2014, pending the outcome of a consultation process with employee representatives. If the plan is confirmed, production of the next Mondeo, S-Max and Galaxy would move to Ford's factory in Valencia, Spain.... Read More »
Marchionne will not close Fiat factories in Italy, report saysSept. 18, 2012 09:31 CET  In a response to calls for clarity about Fiat's future investment plans, Fiat CEO Sergio Marchionne told an Italian newspaper that the automaker will not close any of its six Italian factories despite a plunging domestic car market.... Read More »
Fiat will cut hours rather than shut Italian plant, unions saySept. 13, 2012 09:14 CET  Fiat aims to avoid plant closures in Italy by putting factories on short-time work through the autumn as Europe's auto industry struggles with weak demand and excess production, according to union sources.... Read More »
French minister: PSA should cut in Spain, not just in FranceSept. 13, 2012 14:40 CET  France's industry ministry is pressing the country's leading carmaker PSA to limit the impact of a domestic restructuring set to claim 8,000 jobs, by shifting part of the cuts burden to Spain.... Read More »
Hollande government sees PSA job cuts as 'inevitable'Sept. 12, 2012 09:04 CET  For French President Francois Hollande's government, PSA's decision to close a factory and eliminate jobs has gone from "unacceptable" two months ago to "inevitable" now.... Read More »
NICK BUNKLEY Janesville: Back in the crossfire that is 2012 politics 3:56 pm U.S. ET | Aug. 30, 2012  If you live anywhere near Detroit, or work at the plant GM is expanding in Wentzville, Mo., or have a Chevy dealership in Boise, Idaho, you might have one opinion about how the government's intervention in the auto industry has worked out.... Read More »
NEWS ANALYSIS PSA must prepare for a tough fight over French plant closureAug. 15, 2012 09:57 CET  Within hours of an announcement to close a PSA plant near Paris, the first car factory closure in France in 20 years, the automaker's unions went on the attack, with one union likening themselves to a ''political bomb'' ready to detonate. The move is in stark contrast to the reaction of U.S. unions four years ago after a automakers there slashed production capacity in exchange for government assistance.... Read More »
French government to probe PSA's job cutsAug. 10, 2012 09:48 CET  The French government has appointed a special advisor to probe PSA's plans to eliminate 8,000 jobs and close a car plant in France. The probe will determine whether the government believes PSA's restructuring plan is necessary and whether the job cuts can be avoided.... Read More »
GM is on target with Opel turnaround plan, CEO Akerson saysAug. 3, 2012 06:01 CET  GM CEO Dan Akerson said an agreement between management and German labor unions on restructuring the automaker's Opel unit is expected in the autumn. Akerson said GM has made progress with unions on all the key components of a plan to improve productivity, reduce costs and cut excess capacity.... Read More »
Europe troubles seen putting 500,000 auto jobs at riskAug. 2, 2012 08:34 CET Efforts by PSA and Fiat to end losses in Europe could cost more than 500,000 people their jobs as automakers and parts suppliers grapple with the effects of the European sovereign debt crisis. The region's auto industry is set to pare payrolls as auto demand contracts for the fifth straight year.... Read More »
Ford could join rivals in closing European factoryJuly 20, 2012 11:25 CET  Ford, with overseas losses reducing total profit, is under pressure to close at least one factory in Europe, where it may have more excess capacity than rival General Motors. Both GM and PSA have announced plans to shutter plants in the region, which could ease the way for Ford.... Read More »
|
Special Report
 Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
- ALL POSITIONS
Don Davis Dealerships, Inc. -- Lake Jackson, Texas, United States - Service Manager
Performance Toyota -- Memphis, Tennessee, United States
News by Brand
