Coverage tagged Jobs.
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The last Dodge Viper, a bespoke SRT10 Coupe, has rolled off the Detroit line, bringing nearly two decades of production at Conner Avenue Assembly to a close.
The £210m Sunderland facility will supply lithium-ion batteries for Nissan and Renault EVs from 2012, creating 200 jobs at the plant and 600 more in the UK supply chain.
Skoda Auto will cut daily Octavia production from 574 to 441 units from March, responding to weaker sales after Germany ended its car-scrapping scheme.
General Motors will eliminate around 8,300 jobs at Opel across Europe, including nearly 4,000 in Germany and over 2,300 with the closure of Antwerp, as part of a plan to restore profitability.
PSA Peugeot Citroën has eliminated 5,700 jobs in its French operations, exceeding its initial voluntary departure target as part of a wider cost-cutting drive.
Talks between Spyker and General Motors over the sale of Saab have collapsed, prompting GM to begin an orderly closure of the Swedish carmaker.
Toyota has announced a 20 percent reduction in manager bonuses following its large-scale US recall and a second consecutive year of financial losses.
With Koenigsegg out, GM faces a critical decision on Saab’s future as BAIC and Merbanco express interest ahead of a board meeting in December 2009.
Ford’s sale of Volvo to China’s Geely could be finalised by the end of August 2009, with a local Swedish partner set to take a minority stake.
Renault has confirmed production of an electric car in 2011, a new ecological model in 2012 and a traditional car in 2013 at its Spanish facility.
BMW confirmed plans in September 2009 to produce two additional Mini models at its Oxford facility, aiming to expand capacity and secure jobs at the UK site.
Production at General Motors factories in São Paulo state halted as workers demand higher wage increases and bonuses, disrupting output during a peak sales period.
Labour representatives at Opel push for a two-year guarantee to keep all European factories open as Magna prepares to take control from General Motors.
A 2008 Economic Policy Institute report projected up to 120,000 Pennsylvania jobs could be lost within a year if General Motors, Ford and Chrysler entered bankruptcy.
Chrysler LLC reported in December 2008 that its US operations generated over $29 billion in direct economic activity each year, including wages, pensions, taxes and supplier purchases.