Similar Stories to Europe’s Auto Companies Plan Plant Closures And Layoffs on Bing News

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:
  • Europe's embattled auto sector plans plant closures and layoffs
    A slew of automotive companies across Europe have announced plant closures and big layoffs recently as they struggle with weak demand, high costs, competition from China and a slower-than-expected ...
    12/2/2024 - 10:56 pm | View Link
  • Factbox-Europe's Embattled Auto Sector Plans Plant Closures and Layoffs
    * STELLANTIS: The French-Italian carmaker on Nov. 26 announced plans to shut its Vauxhall van factory in southern England, putting more than 1,000 jobs at risk. It has repeatedly halted assembly ...
    12/1/2024 - 7:58 pm | View Link
  • Europe's embattled auto sector plans plant closures and layoffs
    Dec 3 (Reuters) - A slew of automotive companies across Europe have announced plant closures and big layoffs ... Bosch (ROBG.UL), the world's biggest auto parts supplier, plans to cut 5,500 ...
    12/1/2024 - 11:00 am | 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
  • VW brand boss: layoffs, plant closures needed to fix carmaker's problems
    Volkswagen sees no chance of avoiding layoffs and plant closures in order to cut 4 billion euros ($4.2 billion) in costs, the brand's chief executive said in a newspaper interview, amid an escalating ...
    11/22/2024 - 10:07 am | View Link
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