Cars
The deteriorating business environment caused by the financial crisis is forcing car makers on both sides of the pond to proceed to more cuts in production of models that aren't selling as they used to. Volkswagen will reduce its output of the VW Touareg, Porsche Cayenne and Audi Q7 premium SUVs at its Slovakian plant in the city of Bratislava by at least 10 percent for the remaining of the year. -Continued
- Porsche Builds 500,000th Cayenne At The Leipzig Plant
Porsche today celebrated the production of the 500,000th Cayenne SUV at the Leipzig plant in Germany. The milestone comes after 11 years of production, with the first Porsche Cayenne rolling off the assembly line in 2002. “We started with around...
- Mercedes To Cut Production Of M-class And Gl-class At Alabama
Deteriorating auto sales are forcing Mercedes-Benz to eliminate a shift on one of the two production lines at its U.S. plant in Vance Alabama. Automotive News reports that beginning in January 2009, the German automaker will reduce production of the M-Class...
- Audi To Lay Off Temporary Workers In Hungary
German premium automaker Audi is the latest firm to announce job cuts due to the market slowdown. The company announced on Tuesday that it will terminate the contracts of 40 of its 200-strong temporary workforce at its plant in Gyor, Hungary, in November....
- Gm To Shut Down Wisconsin Suv Plant Earlier Than Expected
In response to rapidly declining full-size SUV sales and the ongoing economic crisis, GM announced on Monday that it will not wait until late 2010 to close its Janesville, Wisconsin assembly plant as it had originally announced. Instead, the troubled...
- Skoda Considers Alternative Sites Outside Czech Republic
Skoda’s officials are facing a pleasant problem as sales of the VW Group owned company continue to rapidly grow. Skoda has already increased its Czech production capacity but that doesn’t seem to be enough. So, in order to satisfy increased...
Cars
VW Trims Touareg, Porsche Cayenne and Audi Q7 SUV Production as Demand Falls
The deteriorating business environment caused by the financial crisis is forcing car makers on both sides of the pond to proceed to more cuts in production of models that aren't selling as they used to. Volkswagen will reduce its output of the VW Touareg, Porsche Cayenne and Audi Q7 premium SUVs at its Slovakian plant in the city of Bratislava by at least 10 percent for the remaining of the year. -Continued The German automaker said that about one-third of the Slovakian factory's 8,500 employees will be forced to work shorter shifts until the end of 2008 while the plant will close a week earlier than usual this Christmas.
- Porsche Builds 500,000th Cayenne At The Leipzig Plant
Porsche today celebrated the production of the 500,000th Cayenne SUV at the Leipzig plant in Germany. The milestone comes after 11 years of production, with the first Porsche Cayenne rolling off the assembly line in 2002. “We started with around...
- Mercedes To Cut Production Of M-class And Gl-class At Alabama
Deteriorating auto sales are forcing Mercedes-Benz to eliminate a shift on one of the two production lines at its U.S. plant in Vance Alabama. Automotive News reports that beginning in January 2009, the German automaker will reduce production of the M-Class...
- Audi To Lay Off Temporary Workers In Hungary
German premium automaker Audi is the latest firm to announce job cuts due to the market slowdown. The company announced on Tuesday that it will terminate the contracts of 40 of its 200-strong temporary workforce at its plant in Gyor, Hungary, in November....
- Gm To Shut Down Wisconsin Suv Plant Earlier Than Expected
In response to rapidly declining full-size SUV sales and the ongoing economic crisis, GM announced on Monday that it will not wait until late 2010 to close its Janesville, Wisconsin assembly plant as it had originally announced. Instead, the troubled...
- Skoda Considers Alternative Sites Outside Czech Republic
Skoda’s officials are facing a pleasant problem as sales of the VW Group owned company continue to rapidly grow. Skoda has already increased its Czech production capacity but that doesn’t seem to be enough. So, in order to satisfy increased...