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Showing results for tags 'production cut'.
Found 2 results
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Volvo will cut production volumes at its Torslanda (Sweden) and Ghent (Belgium) plants due to continued weak demand as the European debt crisis and sluggish global growth take its toll on the car industry. Other automakers such as Ford and Opel have already reduced their output. At the To...
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Ferrari plans to halt factory production and cut jobs as a result of reduced engine orders from its sister company, Maserati. Maserati received about 4,500 engines from Ferrari in 2009, a far cry from the 9,000 delivered in 2008. It is reported that factory workers staged a four-hour walk-out b...
