The fact that Fisker dismissed last week 75% of its workers, fuelled political criticism regarding the U.S. government's loans offered through the clean-energy programs.
Last year Fisker’s battery supplier, A123 Systems, ...
GM Holden announced it will cut 500 jobs or 18% of its workforce in Australia, due to the dollar strength which made the automaker unable to compete with foreign car ...
Renault gained the backing of a third labor union to implement its restructuring plan which involves eliminating 7,500 jobs and freezing wages.
“We agreed to sign the deal,” Fred Dijoux, the ...
Caterpillar plans to cut 1,400 jobs at its plant near Charleroi, Belgium, due to weak European economy and high costs.
The Gosselies plant, located near Charleroi, is one of Caterpillar’s largest ...
Volvo Car Corporation announced on Wednesday it would cut about 1,000 jobs and slash $237 million in costs by the end of this year.
The Swedish automaker wants to reverse recent ...
As the European market shows no sign of recovery, Honda announced it will cut jobs in the UK market.
Analysts believe that Honda’s problems are not solely caused by the European ...
PSA Peugeot Citroen convinced its employees to close the Aulnay plant earlier than scheduled, by moving half of the workforce to the Poissy plant.
The French carmaker's restructuring measures have divided ...
Daimler AG, the world’s largest truckmaker, plans to cut as many as 2,100 jobs at its commercial-vehicles unit in order to improve profitability.
Daimler is negotiating with the United Auto Workers ...
Tyre maker Goodyear is preparing to shut down a French plant that employs 1,250 workers near the northern city of Amiens.
According to a French government official quoted by French newspaper ...