We’ve been following SsangYong’s struggle to gain traction in a woeful global market and it now appears that significant workforce cuts may be inevitable.

According to Gasgoo.com, a decision has been made by the Korean carmaker to lay off 37 percent of its workforce (about 2,700 people), by the end of June.

It is hoped that [...]

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Though the beleaguered Saab is battling all manner of setbacks as it tries to secure the future of its operations, some good news has arrived for 49 of Saab’s Trollhättan employees.

After announcing that 750 jobs would need to be cut, Saab has emerged from labour union negotiations with a smaller list of positions to be [...]

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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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While BMW is busy designing computer case concepts, Bentley has put its woodworking team at Crewe – responsible for the wooden interior trims of its big luxury cars – to work creating cabinets, tables and furniture.

Never fear though, Bentley owners, nobody is going to receive their Bentley without its walnut trim.

In an effort to stave [...]

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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 [...]

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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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Brembo, possibly the best known name in brakes, has announced plans to temporarily lay off 1,840 workers - a response to the on-going decline in the auto industry and demand for Brembo’s products dropping off.

To help align production output with falling demand, Brembo will implement a system of temporary layoffs. During the March to May period, Brembo [...]

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Sometimes even pure four-wheeled testosterone needs some time off. AM General and General Motors have announced that production of the Hummer H2 is to be temporarily suspended.

AM General, who builds the H2 at its Indiana plant under contract for GM, will be laying-off more than 200 workers as part of the production stoppage. At this [...]

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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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If you thought Ford’s 3Q losses were bad, think again. General Motors has just announced its own financial performance for 3Q 2008, and the numbers are grim.

GM’s total loss for the third quarter is a whopping USD$2.5 billion; it has also managed to eat through $6.9 billion of its cash reserves during the course of [...]

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As if America’s beleaguered automakers weren’t in enough trouble. Ford has today announced a net loss of USD$129 million for the third quarter of 2008, which equates to a drop of $0.06 a share. A pre-tax operating loss of $2.7 billion for 3Q 2008 has also been announced, which is in stark contrast to [...]

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