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 ...
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 ...
Around 200 French workers from the Aulnay plant north of Paris are disrupting production, protesting layoffs and the planned closure of the facility.
France's largest automaker has announced it will cut ...
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 ...
Europe's second-largest carmaker, PSA Peugeot Citroen, plans to eliminate an additional 1,500 jobs by 2014 as auto sales in the region are on track to reach a 17-year low.
The cuts ...
Fiat announced 1,500 layoffs at its Polish operations to reduce production, as demand is plummeting in Europe.
Fiat forecasts losses of 700 million euros ($903 million) in Europe this year. The ...
Europe's largest maker of car interiors plans to cut about 3,000 jobs in its home region, or 7.5 percent of the workforce, by the end of next year.
The French company ...
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 ...
DuPont Company announced on Tuesday that it will cut about 1,500 jobs and take other steps to improve competitiveness.
Weak demand for a key industrial pigment and uncertainty in the solar ...