Bleak picture of the global auto industry

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.

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.

Image of Bleak picture of the global auto industry

You may also be interested in . . .

Devon GTX will not go into production

Devon GTX will not go into production Devon's GTX super car was canceled because of excessive production costs which have arisen because the Dodge Viper will not produce current. The...

While Toyota madam, the U.S. auto industry is close to collapse

While Toyota madam, the U.S. auto industry is close to collapse Problems American auto industry continued, Chrysler Group announced the disposal of over 13 thousand employees. Issue Chrysler Group come in the...

Chrysler 300 changes its factory

Chrysler 300 changes its factory Chrysler announced increased production model Chrysler 300, the factory in Brampton, Ontario, Canada, and the production of 27,000 units per...

Dacia Logan MCV, the most spacious car

Dacia Logan MCV, the most spacious car In times of crisis, the British have regrets. The publication of The Independent chose Dacia Logan MCV as the most spacious car. May be found in...

FIAT -- Chrysler, An alliance that appears in times of crisis

FIAT -- Chrysler, An alliance that appears in times of crisis While Fiat desperately needed an ally to survive the current difficult context of the automotive industry, Chrysler barely avoided bankruptcy...

Fiat 500 will be produced in Mexico

Fiat 500 will be produced in Mexico American version of Fiat's 500 will be produced at Chrysler plant in Toluca. Maximum production capacity of this plant is 130,000 units per year...

Presidents GM and Peugeot-Citroen, dethroned!

Presidents GM and Peugeot-Citroen, dethroned! President General Motors (GM), Rick Wagoner, resigned at the request of the government led by Barrack Obama, Wagoner's place will be taken by...