LONDON (Reuters) – Nissan (7201.T) will cut hundreds of jobs at its Sunderland plant, Britain’s biggest automotive factory, as it tackles declining demand for diesel models across Europe, a source told Reuters on Friday. FILE PHOTO: Logo of the Nissan Motor Co. is displayed at the 44th Tokyo Motor Show in Tokyo, Japan, November 2,… Continue reading Nissan to cut hundreds of jobs at UK plant as diesel demand slides: source
Tag: Brexit
UPDATE 1-Nissan to cut hundreds of jobs at UK plant as diesel demand slides -source
LONDON (Reuters) – Nissan (7201.T) will cut hundreds of jobs at its Sunderland plant, Britain’s biggest automotive factory, as it tackles declining demand for diesel models across Europe, a source told Reuters on Friday. FILE PHOTO: Logo of the Nissan Motor Co. is displayed at the 44th Tokyo Motor Show in Tokyo, Japan, November 2,… Continue reading UPDATE 1-Nissan to cut hundreds of jobs at UK plant as diesel demand slides -source
Vauxhall showrooms face axe in contract shake-up
Vauxhall says it does not expect any UK showroom staff to lose their jobs despite giving all of its 326 dealerships two years’ notice of contract termination. The carmaker, currently the second largest in the country by sales volume, said it would be proposing new deals with the “vast majority” of its franchisees under a… Continue reading Vauxhall showrooms face axe in contract shake-up
Jaguar Land Rover confirms plans to cut 1,000 UK jobs
Jaguar Land Rover has confirmed plans to shed 1,000 jobs as it cuts production at two sites. Britain’s biggest carmaker said it had been informing employees about the decision on Monday – after reports had emerged last week. A spokesman confirmed that 1,000 agency staff at Solihull were not having their contracts renewed. Meanwhile, 362… Continue reading Jaguar Land Rover confirms plans to cut 1,000 UK jobs
Top Automotive Industry News for Week of April 9 – April 15, 2018
Here is the most important news associated with the automotive industry identified by the SEA for the week April 8, 2018 – April 15, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- Audi brand to be excluded from VW sportscar brand overhaul: source… Continue reading Top Automotive Industry News for Week of April 9 – April 15, 2018
Jaguar Land Rover ‘to cut 1,000 jobs’ in Solihull
Jaguar Land Rover is to shed 1,000 jobs and cut production at two sites, according to reports. The carmaker said it would make an announcement to employees on Monday regarding its production plans for 2018/19. It added: “In light of the continuing headwinds impacting the car industry, we are making some adjustments to our production… Continue reading Jaguar Land Rover ‘to cut 1,000 jobs’ in Solihull
Jaguar Land Rover to shed 1,000 contract staff
Jaguar Land Rover says it will not be renewing the contracts of 1,000 temporary workers in Solihull. The company blamed the “continuing headwinds impacting the car industry” for the move. It said it was continuing to recruit large numbers of engineers and apprentices and it remained “committed to its UK plants. Earlier this year it… Continue reading Jaguar Land Rover to shed 1,000 contract staff
Ford wins approval for German banking licence
LONDON (Reuters) – Ford (F.N) said it had won approval from the European Central Bank for its application to set up a bank in Germany as part of its strategy to mitigate any risk from Britain leaving the European Union. “The European Central Bank has approved Ford Credit Europe (FCE) Bank’s application for a banking… Continue reading Ford wins approval for German banking licence
UK car registrations plunge in March
Car registrations plunged in March, according to figures from industry body the Society of Motor Manufacturers and Traders (SMMT). Preliminary data shows the UK new car market shrank by 15.6% last month, compared with March 2017. Demand for diesel vehicles fell by 37%, but petrol car demand rose by 1%. However, March 2017 was a… Continue reading UK car registrations plunge in March
Vauxhall owner hands boost to Luton plant
The owner of Vauxhall says its Luton plant will make the new Opel/Vauxhall Vivaro vehicle in a decision that will safeguard 1,400 jobs. The new Vivaro van replaces the current model from 2019 and the plant’s capacity is expected to increase to 100,000 vehicles a year. PSA Group, which owns Vauxhall, did not say how… Continue reading Vauxhall owner hands boost to Luton plant