Stellantis and Valeo are among the auto companies that flagged layoffs and site closures announced in recent months. A slew of automotive companies have recently announced plant closures and big layoffs in Europe as they struggle with weak demand, high production costs, competition from Chinese rivals, and slower-than-expected electric vehicle transition.

Topics:  valeo   europe   chinese   a   
BING NEWS:
  • Factbox-Europe's embattled auto sector plans plant closures and layoffs
    A slew of automotive companies have recently announced plant closures and big layoffs in Europe as they struggle with weak demand, high production costs, competition from Chinese rivals and ...
    12/1/2024 - 7:40 pm | View Link
  • Europe's embattled auto sector plans plant closures and layoffs
    A slew of automotive companies have recently announced plant closures and big layoffs in Europe as they struggle with weak demand, high production costs, competition from Chinese rivals and ...
    12/1/2024 - 6:32 pm | View Link
  • Volkswagen CEO says layoffs and plant closures necessary for €4bn savings
    German carmaker Volkswagen CEO Thomas Schaefer said the automotive giant sees no alternative to layoffs and plant closures to achieve a cost reduction of €4bn ($4.16bn), reported Reuters.
    11/24/2024 - 10:35 pm | View Link
  • Auto worker wipeout: Why car companies are cutting thousands of jobs
    Major carmakers like Ford, GM, Stellantis, and VW have announced layoffs and factory closures in recent weeks amid industry instability.
    11/20/2024 - 11:31 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News