Plant Closings

Opel reaches severance deal with workers at Bochum, Germany, plant

June 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....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

PSA, Honda have factories at risk of closure, analysts say

June 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....
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Opel factory closure will cost more than 550 million euros, report says

May 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....
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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....
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Ford of Europe works its way back

March 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....
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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....
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Volvo CEO says Europe production footprint safe

Nov. 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....
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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....
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PSA plant closing leaves Europe with 18 factories too many

Oct. 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....
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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....
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French union want talks with U.S. tire chief on layoff plans

Oct. 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....
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VW's Winterkorn says Europe should close 10 factories

Sept. 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....
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PSA to end Aulnay car output earlier than planned

Aug. 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....
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