Automakers trim output and jobs

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…