U.K. bears brunt of auto cutbacks

Article Abstract:

The article discusses the auto cutbacks in the U.K. A strong pound and a global glut in capacity are making auto makers cut back or close operations in their European plants, and the U.K. is becoming a popular place for auto makers to cut back or stop production. The General Motors Corp. announcement that it will stop producing the Vauxhall Vectra at its Luton, U.K. facility finishes off a bad year for the U.K. car industry.

United Kingdom, Plant shutdown, Vauxhall Vectra (Automobile)

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GM, Ford plan cuts in production

Article Abstract:

Following weak automobile sales for the month of August, both Ford Motor Co. and General Motors Corp. will be cutting production in the fourth quarter. The cuts are expected to affect all aspects of the automotive industry, leading to possible layoffs at companies that supply parts to the auto industry giants, and putting an added strain on the economy of m idwestern s tates such as Michigan and Ohio.

Sales, profits & dividends, Forecasts, trends, outlooks, Sales & consumption, Motor vehicle parts and accessories, Analysis, Automobile equipment and supplies industry, Automotive parts industry, Forecasts and trends, United States economic conditions, Market trend/market analysis, Ford Motor Co., Company sales and earnings, Company earnings/profit, Economic indicators, F, Chrysler Corp., Industry sales and revenue, Consumption data, Industry forecasts

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GM Europe to engineer basics of midsize cars: German unit Opel to begin auto maker's global shift in developing its vehicles

Article Abstract:

General Motors Corp. is reorganizing the production management of US passenger vehicles, shifting responsibilities to Adam Opel AG, the corporation's German subsidiary under General Motors Europe. The move is an attempt to reduce losses associated with European operations.

Germany, Switzerland, TRANSPORTATION EQUIPMENT, Transportation equipment industry, Opel AG, General Motors Europe AG

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