Post Tagged with: "production stoppage"

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Fiat joins VW in reducing production in Brazil

Fiat joins VW in reducing production in Brazil

Fiat Chrysler Automobiles decided to stop production output between April 1 and April 6 at a production facility in Brazil because the lagging sales and exports of its cars yielded a rapid surge in stock levels. The almost 16,000 furloughed workers at the factory located in Betim, Minas Gerais, have […]

Fisker Karma Reached Its Sixth Month of Production Stoppage

Fisker Karma Reached Its Sixth Month of Production Stoppage

Fisker hasn’t built a single Karma vehicle for 6 months, blaming A123 System’s bankruptcy and the automaker’s renegotiation of the Velmet production contract. 2012 was a luckless year for Fisker which had to deal with fires, floods and recalls, forcing the automaker to stop production of its plug-in hybrid Karma. […]