Tag: Belgium

By on May 20, 2014

Mercedes-Benz S500 Autonomous Limo

While autonomous vehicles are still in the early stages of testing, a few of the European members of the United Nations have laid the groundwork for the self-driven future to come sooner than later.

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By on January 8, 2013

Not enough that people in Belgium are losing their appetite for cars (last we looked the market was down 11 percent), now people have even less reason to go to the Brussels motor show: Belgium’s equal opportunities minister Joelle Milquet asked carmakers to keep their product specialists fully dressed. (Read More…)

By on October 24, 2012

Europe’s car crisis found 4,300 new victims: As expected, union representatives at Ford’s Genk plant in Belgium were told this morning that the plant will be closed. 4,300 workers will be out of a job. (Read More…)

By on October 22, 2012

Union representatives at Ford’s Genk plant in Belgium have been summoned to an emergency meeting on early Wednesday morning. No reason has been given, but unions expect the worst, says Reuters: The closure of Ford’s Genk factory. (Read More…)

By on September 14, 2012

Union leaders met with Ford officials last week during Ford’s Amsterdam extravaganza, and when the topic of closing the Genk, Belgium plant was raised…nothing was said.

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By on September 13, 2012

GM is not the only U.S. automaker that wants to close a plant in Europe, and Ford is thinking about more than the end of the road for Alan Mulally. German press, from the industry magazine Automobil Produktion to the German edition of the Wall Street Journal are talking about Ford shuttering its plant in Genk, Belgium. (Read More…)

By on July 20, 2012

Ford last closed a plant in Europe a decade ago, when its Dagenham assembly plant was shuttered, but the Blue Oval may be forced to do it again.

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By on November 11, 2010

Full Disclosure: I hate “The Simpsons” and I hate Renault cars. So this article is going to have me seething. (Read More…)

By on October 9, 2010

GM has a $530m millstone around its neck. It’s the closed and unsold Antwerp plant. Nobody wants it. The Antwerp assets are turning into a liability which endangers the GM IPO. Now it looks like GM found a savior that could take the plant off their hands. Guess where he comes from. Hint: Not from Washington. (Read More…)

By on April 30, 2010

To stay alive, Opel wants to scale down. The factory in Antwerp is being closed. With amazing results for Opel’s bottom line: Closing the factory costs GM around €400m ($532m) in termination benefits. GM and the unions reached an agreement on the termination benefits earlier this week, reports Reuters. There are 2,600 workers in Antwerp. Now do the math: $532m divvied up amongst 2600 workers is a little bit over $200,000 per worker. Ouch! Wait, there is more pain … (Read More…)

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