Tag: Industry

JLR Lays Off 500 Workers At UK’s Halewood Plant As It Cuts One Shift

Jaguar Land Rover today announced it is cutting approximately 500 jobs at its Halewood plant in the UK – roughly 10 percent of the workforce. The automaker justified the decision with the need to improve efficiency by changing shift patterns. “This is about efficiency, not loss of volume. Through its ongoing transformation program, Jaguar Land […]

Read More

Analysts Says Consolidation Within Car Industry Will Continue

Consolidation within the automotive space shows no signs of stopping and according to data and analytics company GlobalData, will continue through 2020. The final quarter of this year has been marked with the huge alliance formed between PSA Group and Fiat Chrysler Automobiles (FCA) to create the world’s fourth-largest automaker. The former head of FCA, […]

Read More

Daimler And BMW Withdraw From The Car-Sharing Business In North America

Daimler and BMW said that they will withdraw their Share Now and Car2Go joint venture from the North American car-sharing market, halting their operation in Montreal, New York, Seattle, Washington, D.C., and Vancouver on February 29. The two German car makers cited “volatile state of the global mobility landscape” as the reason of their retirement […]

Read More

UK Auto Industry Calls For EU Free-Trade Deal As Nov Production Drops 16.5%

UK car production output fell by a significant 16.5 percent in November to 107,573 units, as demand in both home and overseas markets decreased. Output for the UK market dropped 26.6 percent, while the production destined for export markets fell 14.2 percent. According to the Society of Motor Manufacturers and Traders (SMMT), year-to-date car production […]

Read More

Mercedes Might Drastically Cut AMG Range From 2020 Due To Strict CO2 Targets

Mercedes is reportedly bringing out its axe in order to meet the ever stricter emission targets in Europe, with possible victims including some of the fire-breathing AMG models. Citing unnamed sources within the company, the Financial Times report that Daimler is expected to reduce around 75 percent of the availability of some models within the […]

Read More

VW Group’s New Multi-Brand Plant Will Be Built In Turkey Or Not At All

There has been a lot of talk about Volkswagen’s decision to pick Turkey as the location for a new multi-brand vehicle assembly plant. Despite opposition from German labor unions, the carmaker went through with the plan and announced in July that the plant would be built in Manisa, a city on Turkey’s western coast. The facility […]

Read More