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ProductionCuts

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    Rumormill: GM slashing Pontiac G8 production by 97%     1234394340

    Click above for high-res image gallery of the Pontiac G8 GT
    The Pontiac G8 has received mainly positive reviews since it first hit roads here in the U.S. last year. Unfortunately, what it hasn't gotten a lot of is actual sales. The usual combination of high gas prices in the first half of 2008 and ...

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    Mercedes offers buyouts to all Alabama workers     1225810680

    Nearly 4,000 employees of the Mercedes-Benz assembly plant in Vance, Alabama, are being offered buyouts in advance of another expected round of production cuts at the facility in January. The Vance plant produces the M-Class sport utility, R-Class crossover and GL-Class full-sized sport utility ...

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    Nissan cuts profit forecast by 66%, will cut workforce     1225490460

    The entire auto industry is hurting right now, and financial news from Nissan today is the latest evidence to support that overused statement. Nissan announced that it's shifting profit forecast for the fiscal year ending March 31, 2009 down by 65.9% (!) to $2.62 billion. To keep inventory in line ...

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    Jaguar considering production cuts     1222169520

    Auto sales are tough around the globe and production cuts are occurring on a regular basis. Jaguar is planning to slow production at its Castle Bromwich plant by the end of the month in response to slow global sales. The XJ and XK output will be slashed due to a lack of demand. The production cut ...

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    BMW to cut jobs and volume in the U.S. next year     1222122720

    BMW has achieved sales increases in the US for 16 straight years, but that impressive streak is going to end in 2008. BMW USA CEO Jim O'Donnell has decided to stop shipment of 44,000 vehicles destined for the States by the end of this year. The move was made to prevent pushing increased sales in a ...

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    Chrysler following GM and Ford's lead - cutting NA production     1197579720

    The 2009 Dodge Ram can't come soon enough. Chrysler, along with GM and Ford, will be turning out the lights in its Warren Truck Assembly Plant for a few weeks as of this month. The Jefferson North Assembly and Windsor Assembly plants will also be shut down.The Warren plant that assembles the Dodge ...

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    Ford cutting production big time in 2007     1162255500

    A week ago, Ford posted a $5.8 billion loss due to sagging North American sales. To make things worse, CFO Don Leclair announced yesterday that Ford expects North American production for the first six months of 2007 to be down 8 to 12 percent from 2006 due to lower demand for its products and at ...

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