Volvo CEO Samuelsson: “We are flexible enough to cope with the slightly lower volumes [in Europe] right now.” He says the company’s car production footprint in Europe is safe despite the region’s chronic overcapacity.
Tag Archives: plant closings
EU still has 18 factories too many post PSA plant closing
PSA is shutting its plant in Aulnay, France as part of a plan to eliminate about 11,200 jobs in the country by 2015.
Faurecia plans to close 8 plants
Faurecia, the French supplier controlled by PSA/Peugeot-Citroen, will close eight car seat factories over the next four years, sources familiar with the plan said.
Is 2013 the Year of Turmoil in the Auto Industry
In Late October 2012, Ford announced the closing of its plants in Southampton and Dagenham. Combined the two closures will see 1400 jobs lost including logistics and support jobs.
