With stalling sales and an impending separation from General Motors, coupled with a blockade on supplier parts into the company, Saab has been forced to lay off 750 workers from its Swedish operations.

Affecting workers at the Trollhattan assembly plant, which builds the 9-3 and 9-5 sedan and wagon, the move comes after production stoppages due [...]

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Representatives from GM Holden and The Australian Manufacturing Workers Union (AMWU) will meet next week to discuss possible job cuts likely to come as a result of the global restructuring plan unveiled by parent General Motors this week.

The restructuring plan outlines more than 47,000 job cuts, and 26,000 of those are to be made in [...]

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Yesterday’s announcement by General Motors US that it was slashing its white-collar workforce by 10,000 may have had more than a few Holden employees loosening their collars and wiping sweat from their brows.

Fortunately, it appears that workers at GM’s Australian subsidiary can rest easy for now as the US parent’s decision won’t have any immediate effect on Holden’s local operations.

“The announcement [...]

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More bad news concerning the local car industry has hit the headlines today, with the announcement that Ford Credit is pulling out of retail financing (financing cars for private buyers) in Australia, with some in the banking sector expecting its involvement in wholesale finance (financing cars for dealers) to meet a similar fate in the [...]

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Despite the long-awaited introduction of exciting new products, and the prospect of more to come Jaguar-Land Rover today announced that it will be cutting 450 jobs in the UK.

The reduced demand for new cars and the current world-wide financial situation have been cited as the main reason behind the lay-offs. The job losses will consist [...]

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Ford Australia’s new chief executive Marin Burela, has announced that Ford’s Australian operation will be cutting another 450 jobs in Victoria - and the global economic crisis is being blamed.

Burela said that the job losses were unavoidable, if Ford was going to continue to operate profitably in Australia.

“This is a proactive step to position [...]

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Headlining the local auto industry news today is the likely (but not confirmed) closure of Mitsubishi’s Adelaide manufacturing plant. A number of Mitsubishi execs have told Bloomberg, the financial news service that the plant would be closed due to poor sales of the 380 model that is produced there, with production likely to shift to [...]

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