/

Browse restructuring articles

GM restructures India operation and evaluates car portfolio to boost sales


General Motors Co is restructuring its Indian operation and it is also evaluating its product portfolio, as it looks to revive falling sales and increase market share in the country, Asia’s third-largest economy. Mary Barra, General Motors CEO, said that “There are many aspects of the business that we need to work on to make sure we are efficient. In China ...
Read more

related more
spacer
spacer

More restructuring articles

Ford on schedule with European recovery plan
According to Alan Mulally, which is almost ready to retire as Ford’s CEO, the company is advancing as planned with its European unit, which should come out clean next year ...
Report – PSA seeks some pay reductions from workers
According to a person familiar with the matter, Europe’s second largest car manufacturer will ask French workers to cut overtime pay and accept more flexible working conditions in order to ...
Faurecia Might Close Eight Plants by 2017, Most of Them Located in Europe
According to an anonymous source Faurecia will close eight plants in the following four years, most of them located in Europe. Most of the facilities to be closed are located in ...
Ally and ResCap Reach Deal to Complete Restructuring
Ally Financial reached a deal with Residential Capital’s major creditors which would allow the company to complete its bankruptcy restructuring. This move is expected to allow the US Treasury, which still ...
PSA Peugeot Citroen transfers half of Aulnay plant’s workforce to Poissy
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 ...
Peugeot’s Restructuring Plan Temporarily Suspended by Paris Court
PSA’s decision to cut 8,000 jobs in France has been temporary suspended by the Paris Court of Appeal. The ruling was made public today, January 29th, and state that the court ...
GM Plans Gradual Restructuring for Opel
GM announced it will choose a gradual restructuring for Opel despite rumored pressure from the French government for a more transformative alliance with PSA. Unlike its rival Ford Motor, which chose ...
GM to sell French transmission plant to steam losses
General Motors Co., has announced that will sell a transmission plant in France to a private Belgian company as part of an effort to and losses in Europe. According to GM, ...
Fiat’s Shares Down Due to Restructuring Plan
Fiat’s shares have dropped as investors fear that the automaker will have to raise fresh cash to be able to buy Chrysler Group. According to Philippe Houchois, a London-based UBS analyst, ...

latest automotive news
Marussia also won’t race in America – Ecclestone
Oct.25 (GMM/Inautonews.com) Marussia will join fellow F1 straggler Caterham in not racing in Austin next weekend, Bernie Ecclestone has ...
Lotus to keep Grosjean, test 2015 nose
Oct.25 (GMM/Inautonews.com) Lotus has confirmed it will test a conventional nose solution ahead of next weekend's US grand prix. The ...
Caterham can miss Austin-Brazil double header
Oct.25 (GMM/Inautonews.com) Caterham is allowed to sit out the next two grands prix while it fights for survival. As administrators ...
Administrator becomes Caterham team boss
Oct.24 (GMM/Inautonews.com) The Caterham saga took another bizarre twist on Friday as an administrator became the new team principal. With ...
[VIDEO] McLaren P1 MSO spotted on the Fiorano
A McLaren P1 customized by MSO has been recently spotted lapping Ferrari’s famous Fiorano track. If you though that vehicles which ...
Ford Focus Electric gets price cut in the U.S.
The Ford Focus Electric has received a new price cut in the United States because of poor demand. While its main ...
Test Drive: Dacia Sandero Stepway 1.5 90 HP
If you live in Europe, you don’t need an introduction to Dacia anymore – this is the affordable Renault subsidiary ...
[VIDEO] Mercedes-Benz GLC63 AMG prototype caught on the open road
A prototype version of the upcoming Mercedes-Benz GLC63 AMG has been recently caught on camera while it was being tested ...
[VIDEO] See the world’s fastest Toyota Supra in action
The world’s fastest Toyota Supra has been recently spotted in action on a drag strip where it managed to shatter ...
Mercedes-Benz S600 Pullmann spied
Our spy photographers have managed to capture the upcoming Mercedes-Benz S600 Pullmann on camera while it was being tested out ...
BMW i8 costs more than $200,000 on eBay
The price of a BMW i8 stands at a whopping 200,000 USD on eBay as we recently found out doing ...
Mercedes-Benz GLA45 AMG announced for Australia
Mercedes-Benz will be launching the GLA45 AMG performance crossover in Australia where the model in question will be priced from ...
Recall roundup: 850,000 units of the Audi A4
The German based automaker Audi has recently announced a recall for a massive 850,000 units of the A4, because of ...
Ferrari LaFerrari for sale
Another unit of the impressive Ferrari LaFerrari is currently looking for a new owner who will have to pay no ...
Ferrari F50 gets crashed in the UK
A Ferrari F50 supercar has been recently involved in a heavy crash in the United Kingdom after its driver lost ...
BMW M2 Cabrio coming in 2016
The BMW M2 Cabrio will be introduced in a couple of years according to a recent report. Rumors on the anticipated ...
BMW X5 Concept eDrive gets spotted in Paris
The brand new BMW X5 Concept eDrive has been recently spotted out in Paris while cruising the streets. After being officially ...
Porsche Macan Turbo gets updated by TechArt
The aftermarket specialists from TechArt have officially introduced a new tuning package aimed for the Porsche Macan, this time in ...