Holden And Unions Discuss Work-Less Plan

Holden And Unions Discuss Work-Less Plan

Holden and unions are discussing a plan that could see thousands of assembly and manufacturing workers rostered on for as little as three days a week – the likely less-attractive alternative being layoffs.

Industry Minister Kim Carr said the level of cooperation between Holden and the Australian Manufacturing Workers’ Union (AMWU) in dealing with the difficulties caused [...]

Holden Workers Not To Be Affected By GM Job Cuts - For Now

Holden Workers Not To Be Affected By GM Job Cuts - For Now

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 [...]

Volvo Cuts Operating Costs, 4616 Jobs Lost

Volvo Cuts Operating Costs, 4616 Jobs Lost

Times are tough, and when the accountants start breaking out the red ink something’s gotta give. Volvo, like pretty much every other car manufacturer, has been feeling the economic squeeze lately, and has just announced that it’ll be shedding a total of 4616 employees by the end of this month as part of an effort to [...]

Ford Australia Cuts up to 350 Jobs and Winds Back Production

Ford Australia Cuts up to 350 Jobs and Winds Back Production

Not such a great news day for Blue Oval fans and the Australian car industry in general.  In response to the continuing decline of the large car segment in Australia, Ford has announced that it will be cutting 300-350 jobs, or about 15 per cent of its current workforce. 

Ford spokeswoman Sinead McAlary, explained that the [...]

Nissan to build new car in UK, possibly FR coupe?

Nissan to build new car in UK, possibly FR coupe?

Nissan have just made a rather cryptic announcement concerning the creation of a new vehicle that will be built at the company’s Sunderland plant in England. Their press release (which you can read at the end of this article) mentions everything but what the vehicle in question is called, let alone what it will be. [...]

Bids are in for Jaguar and Land Rover

Bids are in for Jaguar and Land Rover

Ford’s sale of Jaguar and Land Rover is entering the home straight with news coming through overnight that the bids are in. The once proud British manufacturers are being sold as a “package deal” and final bids have been submitted by all bidders including, India’s Tata Motors and Mahindra & Mahindra as well as One [...]

Ford confirm three bidders remain for Jaguar and Landrover

Ford confirm three bidders remain for Jaguar and Landrover

Having decided to keep Volvo (at least for the time being), FoMoCo have announced that they have whittled the auction of the other two remaining PAG brands down to three bidders. The odds are now clearly in favour of the Iconic English brands Jaguar and Rover being purchased by an Indian company, with two of [...]

Chrysler drops four models and cuts 12,000 jobs

Chrysler drops four models and cuts 12,000 jobs

The expected shake-out at Chrysler LLC has begun with the announcement overnight of the automaker’s plan to drop four models from it’s line-up, along with a corresponding 12,000 jobs. Getting the axe are the Chrysler PT Cruiser convertible, Chrysler Pacifica, Chrysler Crossfire, and the Dodge Magnum.

Chrysler have cunningly announced the model culling and the lay-offs [...]

GM post second quarter profit

GM post second quarter profit

General Motors announced overnight that it has posted a second quarter profit of $US891 million which is a fair chunk of good news given that a year ago they posted a $US3.4 billion loss.

In a similar vein to Ford who also announced a second quarter profit earlier this week, GM were assisted by the improved [...]

Ford Motor Co posts second quarter profit

Ford Motor Co posts second quarter profit

Ford has surprised industry analysts with some good news for a change. With seven consecutive quarters where they have posted losses the blue ovals star was definitely fading but the sceptics have been silenced with news of a second-quarter profit in 2007.

This time last year Ford reported a second quarter loss of $US317 million while [...]

Ford Australia wins contract to build next generation Focus

Ford Australia wins contract to build next generation Focus

With the media hot on their heels last week, one got the feeling that Ford had its hands tied in announcing its move to a fully imported Ford Duratec V6 engine in 2010. With a total of 600 jobs relying on the local production of its in-line ‘Barra’ six-cylinder we are sure that Ford would [...]

Ford confirms local engine production to cease in 2010

Ford confirms local engine production to cease in 2010

As we predicted in our article last week, Ford Australia has announced that it will cease manufacturing its locally made in-line six-cylinder ‘Barra’ engine in 2010. This effectively terminates the jobs of 600 workers at Ford’s Geelong facility, however Ford has indicated that many of the lost jobs will be offset by further hiring at [...]

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