Automakers trim output and jobs

US: Chrysler offers incentives for fast exit

Chrysler is offering white-collar workers up to US$75,000 cash and vehicle purchase vouchers worth up to $25,000 if they leave…

GERMANY: Robert Bosch reviews options to cut production

Supplier Robert Bosch has confirmed today (28 October) it halted production at its Reutlingen-Rommelsbach site this week as part of…

US: Tyre maker plans “temporary” layoffs

BFGoodrich Tire Manufacturing will lay off up to 40% of employees at its Opelika and Tuscaloosa plants in Alabama and…

KOREA: SsangYong Motor workers to take paid leave

SsangYong Motor Co is allowing some 350 of it workers to take paid leave, in an effort to cut costs.…

UK: Honda plant to cut 10,000 more cars

Reports from Japan earlier today that Honda UK Manufacturing (HUM) was slashing vehicle production by 10% in Britain due to…

GERMANY: BMW, Daimler, cut output

Both BMW and Daimler are to idle factories in Germany due to slumping global demand. The Frankfurter Allgemeine Sonntagszeitung at…

JAPAN: Mitsubishi to cut output

Mitsubishi Motors (MMC) is to cut production at its factories in Japan by up to 100,000 units in five months…

FRANCE: PSA plans 30% Q4 production cut

PSA Peugeot Citroen president Christian Streiff has signalled “massive production cuts” this fourth quarter “as it is vital that we…

US: Chrysler axing 25% of white collar workers

Chrysler chairman and CEO Bob Nardelli on Friday told employees by letter the automaker would cut additional salaried and supplemental…

US: GM set to slash salaried jobs

General Motors Corp looks set to cut salaried jobs as the automotive slump in Europe and the US continues to…