Bleak picture of the global auto industry
The effects of the global crisis can be found in the auto industry, where I come more and more negative news. In the following reviews the latest industry news ominous.
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Volkswagen - layoffs and reduced production. German press announcing the biggest car producer in Europe going to lay off up to 25,000 employees with fixed-term work contracts and that Volkswagen will cut output. There will also be discussed projects that are in progress to determine which ones are necessary at this time. Volkswagen, like all other auto manufacturers, faced with cost increases and decreases in profits. Chairman Martin Winterkorn described the situation thus: "Never prospects were not so bad and insecure.
Peugeot-Citroen reduce production. The second largest European manufacturer, PSA (Peugeot-Citroen) announced massive production cuts and cost reductions, in an attempt to reduce the effects of the crisis facing. European car market situation was characterized by CEO Christian Streiff as the "collapse".
Renault - factories closed for a week. Renault announced that it closed for at least a week all the plants in France, because of shrinking demand. Renault factories in Mans Flins, Cleon, Douai and Sandouville enter lay since October 27. In addition, Renault will be dropped from the 6000 total of 80,000 employees that has them in Europe, most dismissed following to be in France.
Chrysler is for sale. Third indistriei American auto giant will dismiss 5,000 employees this year in administrative, or nearly one quarter of the numbers working in this sector. Also, plant SUVs from Delaware will be closed with a year earlier, and the one in Ohio to give an exchange, which means nearly 2,000 other offs. Investment fund Cerberus Capital is trying to sell the company Chrysler LLC and this discussion takes place with many manufacturers.
Daimler - stopped production for five weeks. Famous car maker Mercedes-Benz will stop production in December 11, 2008 and January 12, 2009, because of decreasing demand. President Dieter Zetsche, about the crisis: "We saw a dramatic decrease in our key markets, in recent weeks.
Skoda - production stopped. Czech car manufacturer, which has recorded steady growth in recent years, is forced to stop production, between 26 and 31 October, leading to a drop of 13,000 units of production originally planned.
Dacia - 4 days without production. Production line in Mioveni platform will work on 30, October 31 and 13, November 14, due to falling demand. Dacia will produce, so, with 5,000 units less than planned. There will be interruptions to production parts, certain sectors of the mechanical plant, the center of CKD, and the expeditions of cars.
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