Porsche deals with important strategic modifications because Volkswagen Group operates within an industry that is expanding quickly. Further cost-cutting measures at Porsche will become effective through employee downsizing that aims to reduce the workforce to 2,000 employees by 2029 while the industry encounters fluctuating demand and economic instability. It is not only Porsche’s problem to reduce jobs, but it is...
The American market is notorious for its consumer attitude so when the customer wants something, the manufacturers know damn well that they need to provide it. Along side plenty of other fun stuff inside or out, the latest thing that fascinates the Americans is something that has conquered Europe for plenty of years, the diesel engine. Slowly, manufacturers have started...
My favorite of Detroit's Big Three, mostly after the bailout story, Ford has made a pretty interesting announcement today. The Blue Oval plans to hire some 7000 people in their manufacturing segment, in order to boost their ca making efforts. With what can only be perceived as good predictions for the future, Ford has decided to increase the number of...
GM recently announced some investments going into a 4 cylinder engine and creating a few jobs along the way. Naturally, Chrysler couldn't be outdone. Chrysler have just announced that they plan to invest around $843 million in their Kokomo, Indiana facilities. Sergio Marchionne, CEO of Chrysler Group and Fiat, made a recent visit to the manufacturing plant located in Kokomo,...
Toyota have just announced that they will recommence construction on its Mississippi plant about the same time they are going to begin producing the Corolla there late next year. With the Corolla being produced at this particular plant once again a major shift in production will occur due to the current climate. The plant in question was built with an...
Chrysler Group LLC have just announced that they are going to invest $300 million in order to retool two of its Indiana plants. The two plants are Indiana Transmission Plant I and the Kokomo casting plant and together produce automatic transmissions. After the retooling process is complete the plant will still be producing automatic transmissions but they will change specs...
