Auto Inc keeps tech talent in demand as big tech companies continue with large-scale layoffsWith tech companies resorting to downsizing manpower the last few months, "in the last two quarters there is a significant improvement" in ...
31 Mar, 2023, 07.33 AM IST
Hyundai plans to discontinue sales of diesel sedans in IndiaSales of diesel vehicles in the passenger car segment, which comprises hatchbacks and sedans, currently stand at 1.4% (April-February FY23)...
22 Mar, 2023, 08.19 AM IST
Govt has to play a big role to ensure firms don’t go bankrupt: Apollo Tyres MDIndia has much to gain if govt can develop country as a global automobile hub, says Apollo Tyres MD. Kanwar said the business environment i...
26 Mar, 2020, 07.13 AM IST
- Russian car giant Avtovaz to cut 27,600 jobs
The intended cuts therefore represent more than one quarter of the workforce at the company, which is 25 percent owned by France's Renault.
24 Sep, 2009, 05.29 PM IST
- Nissan to slash 20,000 jobs, projects annual loss
Nissan has been battered by the global slump, which has undermined sales in its vital North American market. Job-cuts: A blessing in disgui...
09 Feb, 2009, 07.05 PM IST
- Volvo Group reports big loss but share price soars
Swedish truck maker Volvo Group on Friday reported a net loss in the fourth quarter in the face of crumbling demand, which it said would re...
06 Feb, 2009, 10.58 PM IST
- 'Fiat CEO sees mergers among car makers'
Global car makers will be forced to merge to survive the onslaught of the global crisis, leaving their industry with only six big players, ...
06 Dec, 2008, 08.28 PM IST
France unveils euro26 bn stimulus planFrench Prez unveiled euro26 bn stimulus plan to ward off recession.
04 Dec, 2008, 11.57 PM IST
- France slashes auto jobs as crisis hits manufacturing
France's flagship car manufacturer PSA Peugeot Citroen slashed 3,550 jobs as the global economic crisis cut a swathe through the world's au...
20 Nov, 2008, 09.59 PM IST
- France slashes auto jobs as crisis hits manufacturing
France's flagship car manufacturer PSA Peugeot Citroen slashed 3,550 jobs on Thursday as the global economic crisis cut a swathe through th...
20 Nov, 2008, 05.52 PM IST
- ArcelorMittal to idle Romanian plant
ArcelorMittal, the world's largest steelmaker, will idle one of its four Romanian plants because of falling global demand.
11 Nov, 2008, 11.56 PM IST
- Volvo to cut 1,000 jobs in Sweden, North America
Swedish truck and bus maker Volvo AB says it will lay off 1,000 staff at its powertrain unit in Sweden and North America.
11 Nov, 2008, 06.53 PM IST
- Auto industry girds for another weak sales month
The US auto industry is preparing to report yet another month of rapidly slowing sales possibly the worst in decades as the same toxic comb...
01 Nov, 2008, 12.47 AM IST
- Hundreds in Spain protest Nissan job cuts
Hundreds of people marched here Wednesday to protest plans by Japanese automaker Nissan to cut 1,680 jobs at its Barcelona plant in respons...
30 Oct, 2008, 02.51 AM IST
- Crisis forces French car groups into 'massive' production cuts
French car groups PSA Peugeot-Citroen and Renault on Friday ordered major production cuts and European truck makers reported a collapse in ...
24 Oct, 2008, 03.13 PM IST
- Carmakers feel the pinch as crisis pains Wall St
Europe's carmakers are cutting production and reporting falling sales in a clear sign that the global financial crisis is spreading from ba...
08 Oct, 2008, 06.45 PM IST
- Ghosn aura fades as Renault loses ground to rivals
Renault shareholders are losing patience with chief executive officer Carlos Ghosn, who plans to revive profit at France’s second-biggest c...
10 Sep, 2007, 02.38 AM IST