/

Browse restructuring plan articles

Volvo Plans to Implement a $780M Restructuring Plan


Volvo recently announced its plans to invest $780 million in the following two years, part of its restructuring plan. "The programme encompasses both reduction of white collar employees and consultants and efficiency enhancements in the global industrial system," the company wrote in a statement. The automaker did not say how many jobs will be affected by the restructuring plan. The world's second ...
Read more

related more
spacer
spacer

More restructuring plan articles

Investment Dar Might Sell Aston Martin in 4-7 Years Part of Restructuring Plan
Investment Dar plans to use its shares in Aston Martin to back a new credit facility and the company might sell the luxury automaker in 4-7 years, part of its ...
Peugeot Restructuring Plan Delayed Due to Court Challenge
PSA Peugeot Citroen had to delay the implementation of its restructuring plan due to a new court challenge. PSA Peugeot Citroen has delayed the important works council meeting by more than ...
Ford’s Job Cuts and Plant Closures in Europe Not Enough for Revival
Although Ford will close plants and cut jobs in Europe to stem losses, this might not be enough as sales continue to fall in the region. Ford had to deal with ...
Bochum Workers to Vote GM’s Restructuring Plan
Today, March 21st, workers at Bochum plant, Germany, will vote on Opel’s restructuring plan aimed at cutting costs. Since 1999, GM has lost $18 billion in Europe and agreed to continue ...
Three Labor Unions Agreed With Renault’s Restructuring Plan
Three labor unions signed deals with Renault allowing the automaker to proceed with its restructuring plan. The agreement is “exemplary because it’s a consensual one, signed by organizations representing more than ...
Renault gets approval from third labor union for job cuts
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 ...
Report: Opel’s new CEO will stick to restructuring plan
Opel's new CEO Karl-Thomas Neumann backs the carmaker's restructuring plan. According to a report from Automobilwoche cited by Automotive News Europe, the former VW executive has seen the Drive 2022 plan ...
Volvo announces 1,000 new layoffs for 2013
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 ...
Opel/Vauxhall to launch 23 new models and 13 new engines by 2016
Opel has revealed details of its 10-year plan for growth, which includes the launch of 23 new models by 2016. GM Europe interim president Steve Girsky has revealed details of the ...

latest automotive news
FIA could ease radio clampdown in Singapore
Sep.18 (GMM/Inautonews.com) The FIA could back down over its newly-imposed radio communications ban. It was the hot topic of controversial ...
Alonso, Vettel fend off seat swap rumour
Sep.18 (GMM/Inautonews.com) Fernando Alonso and Sebastian Vettel on Thursday batted away the most recent 'silly season' speculation. Earlier this week, ...
Ecclestone takes blame for radio clampdown
Sep.18 (GMM/Inautonews.com) As day turned to night in the floodlit Singapore paddock, the big talking point was the FIA's ...
BMW i8 lapped Hockenheim in 1:15
The BMW i8 has been recently taken out for a spin on the famous Hockenheim track where the model managed ...
Recall roundup: Fiat 500L for airbag problems
Fiat has issued a recall for the 500L vehicles because of a problem with the driver’s knee airbag, which can ...
2015 Cadillac ATS Coupe configurator introduced
Cadillac has introduced the online configurator for the 2015 ATS Coupe, in the United States, where the model in question ...
Volvo XC90 R-Design officially unveiled
Volvo has pulled the wraps off the sportier R-Design version of the new-gen XC90, as the model in question will ...
EXCLUSIVE: Dacia Sandero RS to be sold as a Renault, will not reach Europe
The rumored Dacia Sandero RS has been recently confirmed by the car manufacturer but the model in question will be ...
[VIDEO] See the Mercedes-Benz AMG GT on the Bonneville Salt Flats
Mercedes-Benz has released a new video with the recently unveiled AMG GT, where the sports car is being shown in ...
[VIDEO] Lamborghini Huracan revving
A new video with the recently unveiled Lamborghini Huracan is showing the newest supercar in the company’s lineup while revving ...
Fiat 500X leaked once more
The Fiat 500X has leaked once again ahead of its public debut which will take place next month, during the ...
Ferrari LaFerrari for sale
A brand new Ferrari LaFerrari is currently being offered for sale in Dubai for a whopping 3.4 million USD. If you ...
BMW 518d and 520d get updated
BMW has announced a series of updates for the 518d and for the 520 on its local auto market. The BMW ...
GM recall problems are far from over
Recently, with the number of recalls coming from the No.1 US automaker, insiders hinted the company is ready to put ...
[VIDEO] Mercedes-Benz CLA Shooting Brake spied on the Ring
The brand new Mercedes-Benz CLA Shooting Brake has been recently taken on to the famous German track the Nurburgring, where ...
US: automakers supporting autonomous and connected advancements at the University of Michigan
Most of the global automakers have embarked into a form of research or development towards the next generation of vehicles: ...
Dodge Challenger SRT Hellcat is returning 22 mpg
The recently unveiled Dodge Challenger SRT Hellcat is capable of delivering 22 mpg, as the car manufacturer has recently announced. The ...
Opel Adam S unveiled for Paris
The brand new Opel Adam S has been officially unveiled as the model in question will be making its public ...