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Opel’s Bochum plant to be closed in 2016


Opel told its 3,000 employees from the Bochum plant in Germany that it has no alternative but to end vehicle production in 2016. Despite the carmaker's efforts to rescue car manufacturing at the plant, there is no other solution but to shut it down at the end of the current Zafira's life cycle. "The main reasons are the dramatic declines in ...
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GM targets $500 million in cost savings, plans job cuts in Europe
General Motors aims to reduce costs by $500 million between 2013 and 2015 and plans to make further job cuts in Europe. The move is part of GM's plan to break ...
Opel plans cutting 30 percent of administrative jobs, report says
General Motors' Opel subsidiary is reportedly planning to lay off 30 percent of its administrative jobs at the company headquarters in Russelsheim, according to a report from Frankfurter Allgemeine Zeitung. The ...
Brazil: General Motors is preparing for ‘Drastic’ Layoffs –Union
U.S. based automaker General Motors is preparing a "drastic" number of layoffs in Brazil later this month, as the demand for new vehicles is still very low, an autoworkers union ...

latest automotive news
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Luxury Auto Market Growth in China Down 8.34% in the First Quarter
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Thieves Stole an Audi RS4 Quattro Avant from Bury St Edmunds Audi Dealership
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Tata Delays Plans of Building Plant in Thailand
As Tata tries to deal with a drop in demand it has decided to postpone the development of the new ...
Audi Surpassed BMW in India Luxury Auto Sales
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GM Stock Surpasses 2010 IPO Price
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VW April Sales Up 7%
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Tesla Plans to Repay Energy Department Loan
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Michelin Comes With New Agreement for Its French Plants
Michelin plans to implement new rules at its facilities in France, aimed at adjusting capacity and avoiding lay offs, as ...
George Michael Involved in Car Crash in England
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Sale of the Nurburgring Race Track Began This Week
The bidding for the Nurburgring race track started this week, and the final price is expected to reach about £100 ...
Fiat Does Not Plan to Move Headquarters to the US
Fiat CEO Sergio Marchionne said that the company does not plan to move its headquarters to the US. "This issue, treated ...
Ferrari joins Lotus in tyre tweak criticism
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Ram Plans to Boost Heavy-Duty Pickup Sales and Dealerships in the US
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