Peugeot maker PSA Group stated it is preparing to sell its 50% stake in an eight-year-old joint venture with Chinese partner Chongqing Changan Automotive which is having a hard time
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Daimler stated on Friday it will slash at least 10,000 jobs globally during the next three years, after others in the industry as they cut expenses to spend in electric
BMW and its partner Great Wall Motor stated they prepare to construct a plant in China with a capacity of 160,000 cars annually, and which is going to produce BMW’s
Renault, Nissan, and Mitsubishi prepare to appoint a general secretary at the helm of their collaboration to increase cooperation and reboot joint operations following the departure of former alliance CEO
BMW management and labor have reached an agreement on ways to decrease costs that prevent “drastic measures”, the German automaker stated on Wednesday. BMW had been in discussions with labor
BMW management and labor have reached an agreement on evaluation to decrease costs that prevents “drastic measures”, the German automaker stated on Wednesday. BMW had been in talks with labor
Fiat Chrysler and PSA have informed their employees they would sign a binding merger agreement in the coming weeks. In two independent communications through internal channels, obtained by Reuters on
Audi on Tuesday announced a significant restructuring scheme, cutting around 9,500 jobs until 2025 in an effort to embrace production to the e-mobility era and gain billion-euro cost savings. “The
Fiat Chrysler has already started 90% of the investments earmarked for Italy, the automaker’s COO for the EMEA region Pietro Gorlier stated on Monday. FCA – which is finalizing merger
Volkswagen’s premium unit Audi intends to cut thousands of jobs to fund a costly shift to electric vehicles, but talks with powerful labor spokespersons have hit a logjam, two sources
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