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| Free Newsletters A big year for auto industry layoffs.
The U.S. automotive industry has announced the layoff of almost 90,000 workers so far this year, and this year's total could top the 110,000 announced layoffs made last year, according to Challenger Gray & Christmas. "Suppliers may be the next source for major workforce reductions as they
Last year at this time about 83,000 layoffs had been announced in the automotive sector. This year's job cut announcements of 87,000 already exceeds the total number of layoff announcements made in 2004 (77,174) and 2003 (74,506). The highest number of layoff announcements made over the past 10 years in the auto sector occurred in 2001 at 133,686.
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VAN NUYS, Calif. -- Superior Industries International, Inc. (NYSE:SUP) announced today that it is closing its manufacturing facility in Johnson City, Tennessee, that will ......
North American OEMs will produce approximately 17.3 million light vehicles for the 2000 model year. The traditional Big Three (Daimler-Chrysler, Ford and General Motors) will ......
Ford and General Motors have mandated that all their suppliers become certified to the ISO 14001 environmental standard in the next three years. ISO 14001 ......
SYRACUSE - The recent spike in gas prices has shocked some consumers into sport-utility-vehicle paranoia. Ford and General Motors (GM), which rely heavily on SUVs ......
Onex Corp. has announced that its J.L. French Automotive Castings, Inc. subsidiary has entered an agreement to acquire Nelson Metal Products Corp., a supplier of ......
Irwindale, Calif.-based Amerigon Inc. has begun shipments of its climate control seat (CCS) systems to Ocala, Fla.-based Mark III Industries for use in conversion vans, ......
Ford and General Motors sent their top interior designers to a conference in Detroit to reaffirm both automakers' commitments to innovative interior quality and design....
VAN NUYS, Calif.--(BUSINESS WIRE)--March 25, 1996--Superior Industries International Inc. (NYSE:SUP) Monday announced that 1996 first-quarter earnings will be approximately 25 percent below analyst expectations. The ......
Like the rest of the business world, Chrysler, Ford, and General Motors are all test driving new ways to use technology to increase their sales—and ......
Stock a superior bet The stock of Van Nuys-based automobile-wheel manufacturer Superior Industries International Inc. is a good bet to roll down Wall Street in ......
ELECTRIFYING NEWS March means spring and the annual gather of automotive engineers at the SAE Congress in Detroit, where 42-volt systems, advanced emissions treatment devices ......
Despite a spike in gas prices last year, Ford and General Motors are preparing to unleash a slew of full-size SUVs next year, which the ......
Big Three automakers vow to boost minority subcontracting. But at what cost? The Clinton administration and the Big Three automakers, Chrysler, Ford and General Motors, ......
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