der a new holding company. The new entity "Avtoinvest" appears to consist of 25 percent stake in AvtoVAZ, 37.8 percent stake in KamAZ and 30 percent stake in AvtoDiesel, all of which are owned by Russian Technologies. AvtoVAZ agreed with the union to cut up to 27,600 jobs, which include 5,000 white-collar jobs that had been announced previously. The number of AvtoVAZ employees stands at 102,000 as of the moment. Among the workforce to be trimmed,...

OEM Plants  Updated at: 2025/12/19

pes of gasoline engines and 2 types of diesel engines ranging from 150 to 255 horsepower. Wagons are forecast to account for a half of "BLS" sales. Due to slowing sales of automobiles, production schedule will be reduced to one shift from October 2008. Saab announced 750 job cuts including 650 blue-collar workers and 100 white-collar workers. Saab unveiled its new "9-5" due to be launched in the second half of 2020. The model with a 2.8-liter V6 ...

OEM Plants  Updated at: 2025/12/11

Automobile N.V. (SWAN) announced on August 2 that GM Global Yield Fund Limited, an investment fund, will acquire about 5 million new stocks in Saab representing 17 percent. The exact number of stocks and value will be decided during a 10-day period. This deal will enable Saab to pay wages for white-collar workers, which are still outstanding. SWAN and Saab will continue talks for obtaining short-term funds to restart automobile production that ha...

OEM Plants  Updated at: 2025/12/11

just production by extending the Christmas holidays in 2008. Responding to declining sales Audi announced in January 2009 to introduce reduced work hours to Ingolstadt Plant and Neckarsulm Plant for adjustment of production for 6 days in late February, which will affect a total of about 25,000 blue-collar workers at both plants. Preparations for the production startup of six new models due to be released in 2009 will proceed as planned. Audi anno...

OEM Plants  Updated at: 2025/12/09

just production by extending the Christmas holidays in 2008. Responding to declining sales Audi announced in January 2009 to introduce reduced work hours to Ingolstadt Plant and Neckarsulm Plant for adjustment of production for 6 days in late February, which will affect a total of about 25,000 blue-collar workers at both plants. Preparations for the production startup of six new models due to be released in 2009 will proceed as planned. Audi will...

OEM Plants  Updated at: 2025/12/09

m of representation in industrial and Trade Unions relations, with a further stimulus to commissions. From an economic standpoint, in the first two years of the CCSL, an overall increase of more than 11% in salaries is expected, to which is added an increase in the "quota mansione" system for white-collar employees. On December 13, Ferrari announced that it will introduce E-Lab, in partnership with Philip Morris International (PMI), where the tw...

OEM Plants  Updated at: 2025/10/30

February 21, Tom Sullivan, president of Toyota in Mexico, announced that the company’s new assembly plant in Guanajuato, Mexico is 80% complete, and that while plans to begin operations at the end of 2019 are still in force, the official date could be postponed to the first quarter of 2020. White-collar employees who have been supervising the construction phase from an operations center in Querétaro will move into the plant itself in the next ...

OEM Plants  Updated at: 2025/10/15

the construction of a new building equipped for handling battery megastructures, installation of a new line system, and implementation of a new layout and tools for all assembly and logistics areas. Then rebuilding existing logistics platforms and adding a new one. Staff training involved 200 white-collar workers and 700 production personnel, where 400 would work on the assembly line and 300 in logistics. On November 14, Scania announced that it ...

OEM Plants  Updated at: 2025/09/23

e years, provided that European markets continue to recover and return to pre-crisis levels, and that no major issues arise in the environmental and regulatory landscape. PSA also has a plan to invest in staff for the future by hiring 2,000 young people a year. The group plans to employ 1,000 white-collar workers as well over the next three years, and 50% of whom will be hired as juniors as part of the Group's youth employment initiative. The Gro...

OEM Plants  Updated at: 2025/08/07

e" made its debut at Auto Guangzhou 2012, which opened on November 22. The vehicle is a new crossover-type wagon model that was developed by Changan Automobile, and is slated to go on sale in March 2013. Its exterior was designed by the R&D center based in Turin, Italy targeting middle-income white-collar and freelance professionals living in cites in their thirties. The vehicle dimensions are 3,800 mm in overall length, 1,700 mm in overall width...

OEM Plants  Updated at: 2025/07/04

24. On December 1, it was reported that Stellantis has hired hundreds of salaried employees at its North America headquarters in Auburn Hills, Michigan, in recent months as it moves to boost U.S. manufacturing. After years of cost-cutting under former CEO Carlos Tavares, Stellantis is adding white-collar employees in at the Chrysler Technical Center rather than conducting layoffs or buyouts. “Stellantis has taken decisive actions over the past...

OEM Plants  Updated at: 2024/10/11