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Ferrari’s Employees Receive Record Bonus of 4,096 Euro for Strong Results in 2013


Italian automaker Ferrari said that the 2013 production bonus for its employees would be a record 4,096 Euro. Thanks to excellent financial results in 2013, increased levels of quality and record profits, Ferrari decided to offer its employees a production bonus of 4,096 euro, the biggest in the automaker's history. This means that besides the 1,000 euro already received by each employee, ...
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Volvo Trucks could fire around 500 workers
Due to the harsh economic situation in the European region and downsize of the market for its trucks, Volvo would fire almost 500 hired labor employees from two of its ...
GM’s Barra has great message for employees: “No crappy cars”
That’s the message Mary Barra, GM’s executive vice president of global product development and global purchasing and supplies chain, has been relaying to employees at the Detroit-based automaker. Considering she’s considered ...
Following slow September, GM boosts discounts and expands rebates to employee family members
General Motors extended rebates to more employee family members on purchases of its vehicles and boosted the discounts after the largest U.S. automaker’s first monthly sales decline in more than ...
Ferrari Offers Bonuses of More Than 8,000 Euro to its Employees
Ferrari CEO Luca di Montezemolo said that all the automaker’s employees will receive a special bonus for the 2010-2012 results. In March the automaker offered for each of its workers a ...
Ford sued by former UK workers for pensions’ transfer to Visteon
Ford was sued by more than 1,400 former UK employees for making misleading statements about the transfer of their pensions to Visteon Corporation during the spinoff of the auto parts ...
Navitas to Acquire 40 Employees From A123 Systems
Navitas Systems plans to acquire 40 employees from A123 Systems in Southeast Michigan, after the company’s $2.3 million acquisition. Navitas was the company that purchased the government side of A123 Systems' ...
Chryler’s Jefferson North plant idled after fatal stabbing
Chrysler Group announced that a worker was stabbed to death by another during a fight inside its Jefferson North Assembly plant this morning. The company has idled the plant for the ...
Ferrari F430 Scuderia crashed in Germany by workshop employees
A Ferrari F430 Scuderia has been recently crashed in Germany by two workshop employees after they have taken it for a spin as part of the repair being completed. We have ...
Abarth employees being investigated for stealing over 1m euros in parts
Fiat employees working under the Abarth brand have been placed under investigation after reports have indicated the stealing of over 1 million euro ECUs and selling them on the internet. According ...

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