Coverage tagged Jobs.
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With US government still holding a major stake, GM’s share price and losses in Europe have renewed debate over its stability just three years after its historic bankruptcy.
Brownfield Communities Development has purchased the ex-GM Mansfield-Ontario stamping plant in Ohio, with plans to bring in new tenants and create 1,100 jobs at the site.
All 12 Formula 1 teams have agreed to a two-week factory closure in August 2012, with strict rules on work and communication during the enforced break.
Ford will halt all vehicle production in Australia by October 2016, closing its Broadmeadows and Geelong plants and affecting hundreds of jobs as local demand slumps.
Senate Finance Committee backs a federal tax credit of up to $2,500 for electric bikes and motorcycles, aiming to boost jobs and clean transport.
Major manufacturers including Ford, Opel, Fiat and Peugeot Citroën are facing mounting losses as European car plants run well below capacity and sales continue to fall.
Scania has begun construction of a new manufacturing facility near Bangalore, aiming to produce trucks and buses for the Indian market from 2013.
BMW Italia has pledged €100,000 to support the education of children orphaned by the May 2012 earthquakes in Italy’s Emilia-Romagna region.
Hyundai's South Korean union will stage a new strike on 20 July after wage negotiations failed, with further overtime refusals planned and production losses already mounting.
PSA Peugeot Citroën’s decision to cut 8,000 jobs and close the Aulnay plant has drawn a strong response from the French government, which says it cannot accept the move.
Slupsk facility to shed 142 jobs and lower production of Omni range buses following ongoing weak demand in core European markets.
BMW will reduce its temporary workforce by half and hire thousands of permanent employees, following an agreement with its works council amid growing pressure to manage labour costs.
The Tuscaloosa plant marks the first example of the second-generation GL-Class, with Mercedes-Benz aiming for increased output and a larger workforce in the years ahead.
Scania is reducing bus production and cutting 142 jobs at its Słupsk, Poland plant, citing weak demand for public transport vehicles across key European markets.
General Motors has dismissed speculation that Opel’s Ruesselsheim plant will produce Peugeot and Citroën cars, stating manufacturing is not part of its alliance with PSA.
General Motors is ramping up production in St. Petersburg and launching 12 new models in Russia, even as it prepares to close its Bochum plant in Germany.
General Motors will introduce a third shift at its Arlington Assembly plant in Texas, creating 800 jobs to meet demand for full-size SUVs including the Chevrolet Tahoe and Cadillac Escalade.
Renault and the Algerian government are set to sign a deal in August for a new vehicle assembly plant, following two years of negotiations over location and ownership.
Saudi Arabia has appointed Prince Salman as crown prince following the death of Prince Nayef, ensuring a clear line of succession for the world’s leading oil exporter.
National Electric Vehicle Sweden will hire 200 engineers in Trollhättan as it prepares to relaunch Saab as an electric car manufacturer, focusing on a 2014 debut.
VW sets out to nearly double its Chinese output, planning new investment and factories to reach 4 million units a year within six years.
Exxon Mobil aims to ship liquefied natural gas from the United States, with CEO Rex Tillerson citing low domestic prices and increased shale production as key drivers.
Hyundai’s Alabama factory saw nearly 20,000 applications for 877 new production jobs after announcing a second shift, forcing a temporary halt to the process.
General Motors is considering closing plants in Germany and the UK as it plans to move future production growth to Eastern Europe, Asia and Latin America to stem losses at Opel.