FCA underperformed in the industry during the quarter. The group posted the seventh largest revenue with €24.48 billion.
Ford Motor Company
Breaking Reports : Ford to cut 7,000 salaried jobs, slashing workforce by 10 percent – © Getty Images Ford Motor Co. announced Monday it will cut its global salaried workforce by 10 percent and eliminate roughly 7,000 management jobs by the end of August, moves that will save the company about $600 million per year. CEO James Hackett […]
Source: Mac Slavo Ford Motor Co. is finishing up their final round of layoffs today. About 7,000 workers worldwide are losing their jobs in this “booming economy” as unsold vehicles continue to pile up in the once empty parking lots of closed retail establishments. CEO Jim Hackett notified employees in an email Monday that Ford […]
For years, Roush Fenway Racing has been in the “rebuilding” phase. Ricky Stenhouse Jr. is tired of it. Through the opening third of the 2019 season, Stenhouse has one top-10 finish, that coming in the third race of the year at Las Vegas Motor Speedway, placing sixth. That was a standout race for the No. […]
via Dave Neifer http://bit.ly/2X4djlr
The number of workers affected by employment regulation records (ERE) amounted to 24,372 in the first three months of the year, 64.2% more than in the same period of 2018, with a significant increase in contract suspensions. According to the Employment Regulation Statistics published by the Ministry of Employment, 627 companies undertook this type of […]
Motor Fuel Group will operate Ionity’s chargers, and I’m sure EV owners will appreciate having other services nearby to pass the time. Ionity If you build it, they will come. That’s the idea behind Ionity, which hopes to improve EV adoption rates by establishing fast-charging corridors all over Europe. Its efforts continue this week with […]