By on June 17, 2014

Opel - Picture courtesy ibtimes.com

General Motors subsidiary Opel has come to terms on a severance package for workers at its Bochum factory, set to close this year as part of the company’s restructuring plan.

(Read More…)

By on February 1, 2011

Most automakers are suspending operations in Egypt while riots continue. Here is a list of current closures: (Read More…)

By on February 17, 2010

“Toyota is considering halting production at its factory at Burnaston, near Derby, because of collapsing sales amid the car company’s recall crisis,” London’s Times reports.

This comes on the heels of reported plans to shut two down two plants in the United States for a total of 14 days. According to the Times, Toyota is “reviewing production at its European factories.”

Toyotas recall led to “a collapse in sales for the world’s largest carmaker,” as the Times put it. (Read More…)

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