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You Searched For "auto industry job loss" and got 19 results


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Property prices in three big Indian cities may fall due to millions of jobs lost in the auto sector

Millions of jobs have been lost in India’s auto sector as sales of both cars and trucks have been…

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The untold crisis to befall India’s artists, artisans and weavers

But just as many if not more artists and artisans are caught in the economic spiral with less…

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Auto sector slowdown puts one million contractual jobs at risk

This accounts for nearly 10%-15% layoffs per company. What’s worse is that the industry pegs thi…

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Trump's trade war is likely going to kill hundreds of thousands of jobs

Real-world implications from the tariffs have already been evident. According to an analysis by the…

Bob Bryan   


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Supreme Court ban on mines resulted in 2.3 million job losses — laments industry body

Amid economic slowdown, the Federation of Indian Mining Industries (FIMI) has held the Supreme Cour…

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Tata Motors is the third biggie after BSNL and MTNL to dole out voluntary retirement package

Homegrown auto major Tata Motors is considering rolling out a voluntary retirement scheme (VRS) for…

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4 mins read

Side-effects of lockdown: Anxiety levels up among employees as appraisals get delayed, job loss fears rise

A lot many are fearing loss of job, some have already seen pay cuts and appraisals are getting del…

PTI   


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COVID-19 might force auto dealers to look for new biz models, some face 'existential crisis': FADA

The Federation of Automobile Dealers Association of India (FADA) represents over 15,000 automobile…

PTI   


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Trump's trade war is already leading to layoffs and pain for American businesses

Some businesses, such as Moog Music, which manufactures electronic musical instruments, have not ta…

Bob Bryan   


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Spain launches a $4.2 billion coronavirus auto industry stimulus package

Almost 70% of funds will be invested in the sector's "value chain". The rest is for renewing existi…

Saloni Sardana   


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Trump is once again moving closer to imposing auto tariffs, a move that could have massive economic consequences

Trump has previously threatened to impose a 25% tariff on all autos and auto parts coming into the …

Bob Bryan   


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Ford is slashing thousands of jobs as it goes electric. Experts say a tidal wave of layoffs will rock the industry as it undergoes a seismic shift.

Electric cars are simpler to make than gasoline vehicles. That simple fact could have the auto indu…

Tim Levin   


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Increased GST on mobile phones will lead to job losses says industry body

Increasing GST on mobile phones to 18 per cent from 12 per cent at the time of economic slowdown co…

PTI   


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1 min read

Ford's global job cut not to have a major impact in India

While offering voluntary packages for job cuts, the company said that it plans to reduce 10% of…

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'Tariffs are coming': GM's massive layoffs could spur Trump to hit imported cars and trucks with tariffs, a potentially devastating move

While tariffs were not directly mentioned in GM's announcement, GM recently reported that Trump's t…

Bob Bryan   


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Ford CEO Jim Hackett has the toughest job in the auto industry ahead of him

At an investor conference last year and now at CES in Las Vegas, Hackett has tried to do that. Both…

Matthew DeBord   


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Auto component industry may end current fiscal in negative territory: ACMA

New Delhi, Dec 29 () The automobile component industry is expected to end the current financial yea…

PTI   


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Parts supplier cuts thousands of jobs as Germany's auto woes deepen

Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days aft…

Tom Carter   


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There's a wrinkle to the Ford-Trump Twitter dustup that everyone is missing

Bear in mind that the change to Lincoln production wasn't even going to occur for three years. Effe…

Matthew DeBord