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Author: Financial_Times Reporting
JLR to cut 1,000 jobs as carmaker reels from £500m Covid-19 hit
UK group expands cost-cutting programme by £1bn to £5bn after sales slump Go to Source
Herbert Diess, the VW boss developing an apology habit
Mis-steps have started to upset the company’s largest investors, as well as its unions Go to Source
Johnson Matthey to axe a sixth of its workforce
Mothballing of car factories hits demand for catalytic converters Go to Source
PSA and Fiat-Chrysler face exhaustive antitrust probe over merger
PSA and Fiat-Chrysler face exhaustive antitrust probe over merger Read M&A insights you won’t find elsewhere Exclusive scoops Smart data to help spot risk and opportunity Analysis of broader trends in M&A Lex, our agenda-setting business commentary (Premium only) Due Diligence, an exclusive M&A newsletter (Premium only) Choose your subscription Trial Not sure which package… Continue reading PSA and Fiat-Chrysler face exhaustive antitrust probe over merger
Carmaker Honda targeted in cyber attack
Japanese manufacturer forced to suspend global operations for a day following disruption Go to Source
UK car dealers prepare to slash quarter of staff as pandemic bites
150,000 jobs could be lost in coming months, according to forecasts from executives Go to Source
Bentley to cut quarter of workforce as UK car sector job losses hit 5,000
Chief executive says ‘uncontrolled’ Brexit risks ‘compounding the coronavirus disaster’ Go to Source
German car industry slams Berlin stimulus package
Government offers subsidies only for electric vehicles and rejects scrappage scheme for petrol and diesel autos Go to Source
Nio: back to the future
Who says the sellside are too short-term orientated? Go to Source