Coverage tagged Jobs.
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General Motors CEO Mary Barra has been ranked ninth on Fortune’s 2015 list of the world’s 50 greatest leaders, joining Detroit officials credited with guiding the city through bankruptcy.
Lamborghini delivered 2,530 cars in 2014, achieving a 19% sales increase and posting €629 million in revenue as it introduced the Huracán and expanded its workforce.
Despite a sharp fall in the Canadian dollar, the country’s automotive sector has not seen the expected resurgence in factory investment or job growth seen in the US and Mexico.
Germany’s largest union, IG Metall, has accepted a 3.4% wage increase for workers in Baden-Württemberg, following strikes and weeks of negotiations with employers.
PSA Peugeot Citroën returned to profit in 2014, lifted by stronger demand in China and Europe, and set more ambitious cash-flow targets for the years ahead.
Ford finalises a €2.3 billion expansion at its Valencia plant, paving the way for six model lines and increased exports from Spain.
Detroit’s hourly auto workers are set for large profit-sharing cheques, but expectations for base wage increases remain high as union contract talks approach.
With Caterham and Marussia already in administration, reports suggest a third Formula One team may exit before the 2015 season, shrinking the grid further.
Karl-Thomas Neumann has cautioned senior management that Opel and Vauxhall may miss their 2016 profit goal, citing pressure from weak European and Russian sales.
Ford has closed its Genk assembly plant in Belgium, ending 50 years of production and affecting thousands of workers and suppliers in the region.
Two senior managers from Mitsuba and T.RAD have received US prison sentences and fines after pleading guilty to price-fixing charges involving Honda supply contracts.
Ferrari is set to replace Marco Mattiacci with Marlboro executive Maurizio Arrivabene after just seven months, as the team seeks stability following a turbulent 2014 Formula One season.
Stefano Domenicali, former Ferrari F1 team principal, will join Audi in Ingolstadt on 1 November 2014, focusing on service and mobility projects.
Opel will auction off hundreds of pieces of equipment from its Bochum plant ahead of the factory’s closure, including presses, robots and even a fire station.
Falling demand for open top cars in Europe and North America has forced major roof system suppliers like Webasto and Valmet to close or scale back production facilities.
Ford will add 850 new jobs across three Dearborn, Michigan, plants to support production of the aluminium-bodied 2015 F-150, with most roles at the assembly plant.
The electric carmaker has confirmed Storey County, Nevada as the site for its $5 billion battery plant, securing over $1 billion in state tax incentives over 20 years.
General Motors has opened its fourth Information Technology Innovation Center in Chandler, Arizona, aiming to employ 1,000 people within two years as part of its in-sourcing technology strategy.
Toyota and Mitsubishi have pressed the Philippine government to finalise an automotive industry policy, warning that continued delays could see production and jobs shift to neighbouring countries.
Fiat Chrysler Automobiles has named US sales head Reid Bigland as the new boss for Alfa Romeo in North America, tasking him with the brand’s ambitious relaunch.
Peugeot, Fiat, Ford and GM have flagged falling demand and political risk in Russia and Latin America, even as Europe’s recovery shows signs of stabilising.
British car manufacturing grew 3.5% in the first half of 2014, with new model introductions and export demand driving output to 790,000 units.
Johan de Nysschen has resigned as president of Infiniti, ending a two-year tenure marked by global expansion plans and a major move to Hong Kong.
Tony Fernandes is expected to confirm the sale of Caterham F1 to a Swiss-Arab consortium this week, with staff due to be briefed ahead of the British Grand Prix.