GERMANY: Recticel cuts 150 jobs as Mercedes C-Class work ends
Recticel Automobilsysteme is to restructure in Germany with the loss of around 150 jobs following the news it had not been successful in securing interior component production for the Mercedes C-Class model.
"This restructuring plan aims to reduce at the Rheinbreitbach plant over the period 2014-2015 by about 150 jobs on a total of 178," said a company statement.
"On 7 December, 2011, Recticel announced its Automotive Interiors division had not
been nominated for the production of interior components for the new Mercedes C-class. The production of interior components for the current Mercedes C-class will therefore end in 2015, hence the need for restructuring."
Discussions with the Works Council will start in the coming weeks in order to identify support measures, including "mobility" to other Recticel Automotive plants, added the supplier.
This QUBE report from just-auto provides a comprehensive overview of the global transmissions sector, major suppliers, top markets, technology trends and market size forecasts. Use this report to gain...
This QUBE report from just-auto provides a comprehensive overview of the global automotive safety systems sector, major suppliers, top 14 markets, technology trends and market size forecasts. Use this...
The media days for the 2013 Frankfurt Internationale Automobil-Ausstellung (IAA) are 10 & 11 September. Each of the following vehicles is a world premiere at the show....
The analysts writing this report forecast Global Automotive Head-up Display market to grow at a CAGR of 28.61 percent over the period 2012-2016....
Mercedes-Benz is insisting its vehicles comply with the Directive on Mobile Air Conditioning (MAC) coolant, adding the current explosive row was aiding French automakers that are battling against a ch...
Mercedes-Benz has fought back against comments from European Union (EU) trade commissioner, Antonio Tajani, as the dispute concerning the automaker's continuing use of refrigerant r134a shows no sign ...
- ANALYSIS: ZF puts in place a growth strategy
- THE WEEK THAT WAS: Big fish eaten by bigger fish
- VEHICLE ANALYSIS: MY2014 Peugeot 2008 1.2 VTi 82
- COMMENT: The UK's Scotland and EU parallels
- THE WEEK THAT WAS: More musical chairs
- PARIS DEBUTS: Kia Optima diesel hybrid concept
- Largest Rolls-Royce order ever bound for Macau
- Jaguar launches India assembled XJ
- ZF to buy TRW after $13.5bn deal agreed
- GM Holden starts axing engineers - report
- Global Carsharing Market 2014-2018
- Bayerische Motoren Werke Aktiengesellschaft (BMW) - Financial and Strategic SWOT Analysis Review
- PLDB - vehicle cycle plan database (annual subscription)
- OLED Display Forecasts 2014-2024: The Rise of Plastic and Flexible Displays
- Jaguar Land Rover: Providing remarkable growth throughout the economic downturn