Plant Closings

Faurecia to close French seat-frame plant

June 11, 2015 12:11 CET

French supplier Faurecia said today that it plans to close a plant producing seat frames in eastern France on falling demand from domestic carmakers....
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Union effort at Toyota Canada stirs to life

12:01 am U.S. ET | May 23, 2015

The April announcement that Toyota will move Corolla production from Canada to a new Mexican plant has rejuvenated a unionizing campaign aimed at the automaker. Unifor is hoping to drum up support for a vote by the end of the year to determine if factories in Cambridge and Woodstock, Ontario, will become Toyota's first unionized plants in North America....
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Russia approves $166 million in subsidies for car plants

March 20, 2015 09:47 CET

Russia will provide carmakers with 10 billion rubles ($166 million) in subsidies in a bid to support an industry struggling to cope with the country's economic downturn. The Russian car market is forecast to shrink by up to 35 percent in 2015 after falling by 10 percent last year....
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GM's Russia sales hit by low adaptability to consumers, ruble fall, report says

March 19, 2015 10:59 CET

GM's car sales in Russia suffered because the company did not adapt to Russian consumer needs, the government's industry and trade ministry was quoted as saying. GM is idling its St. Petersburg plant and pulling Opel and mainstream Chevrolet models from the market....
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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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