Hirings/Firings/Layoffs


REPORT: Ford offering all 41,000 UAW workers buyout packages

According to Ford spokesman Mark Truby, "Despite a strengthening in our business, we still have a surplus in employees." Union employees to be specific. As such, Ford has just announced plans to reduce its unionized workforce by offering a buyout package to all 41,000 UAW members currently employed by the automaker. Reuters reports that Ford workers with at least one year of experience can take a payout of $50,000 plus a new car voucher worth $25,000 or an additional cash payment of $20,000. Retirement-age workers can opt to take their ... Read more →

BREAKING: Ex-Microsoft CFO Chris Liddell named CFO of General Motors Damon Lavrinc

In the search for an auto industry outside, General Motors has announced that Chris Liddell will become the automaker's vice chairman and CFO in 2010. Set to replace Ray G. Young -- a 20-year ...

REPORT: Swedish government to meet with GM officials - could Saab still be saved? Frank Filipponio

Less than a day after General Motors officially announced Saab's euthanization, it looks like the storied Swedish brand might still have the faintest whisper of a pulse. Motor Trend is reporting ...

REPORT: Trio of top Toyota execs to retire Jonathon Ramsey

According to Automotive News, three of Toyota's group vice presidents will be leaving the company in less than sixty days. Steve Sturm, 28 years with the company, oversaw strategic research and ...

REPORT: Michigan gives GM tax break but automaker to still halve staff at RenCen Jonathon Ramsey

There are roughly 4,000 GM employees working at the company's Renaissance Center headquarters in Detroit. During the restructuring, GM has been working out how many employees to let go and where ...

Lotus appoints Ferrari designer Donato Coco as new design director 7 days ago on Autoblog

The upper echelon at Lotus continues to evolve, with today's announcement that Donato Coco has been appointed as the new director of design at the UK sports car maker and engineering consultancy. The Italian designer is moving to Hethel from Ferrari headquarters in Maranello where Coco worked on ...

McLaren's Whitmarsh reportedly elected to replace Montezemolo as FOTA chairman 7 days ago on Autoblog

There's only so many chairs one man can sit in at once. But Luca di Montezemolo has made an art out of pushing the limits. In addition to serving as chairman of both Ferrari and the Fiat group, the hereditary nobleman was, until recently at least, also chairing the Italian Confindustria ...

2010 F1 grid comes into focus as Lotus signs Trulli and Kovalainen 8 days ago on Autoblog

The pieces to the puzzle that is the upcoming Formula One season are coming together bit by bit. In the latest development, the upstart Lotus F1 Racing team has announced the signing of two veteran drivers: Jarno Trulli and Heikki Kovalainen. A former Monaco Grand Prix race winner, Trulli has ...

Retiring Saturn chief Lajdziak to take over Smart USA sales and marketing 10 days ago on Autoblog

Saturn general manager Jill Lajdziak spent several months this summer and fall working closely with Roger Penske and his staff, trying to iron out the details of the brand's proposed purchase from General Motors. As we all know, that agreement fell apart when Renault's board of directors vetoed a ...

Star Search: Fresh talent descends on Jerez for F1 mega test 10 days ago on Autoblog

The biggest football fans don't just watch the NFL. They're watching college football too. If not because they say it's a better spectacle, then simply to see the future pros who'll ultimately be drafted by NFL teams. Formula racing works the same way. (Well, sorta.) There are countless ...

Buick-GMC general manager Michael Richards leaves after just nine days on the job 12 days ago on Autoblog

Nine days ago, we posted about Michael Richards getting Susan Docherty's old post at General Motors, brand manager for Buick-GMC. Today, he walked away. According to The Detroit News, the official (yet still unofficial) reason is that Richards' previous employer – Trinity Automotive in ...

Chevrolet Vice President Brent Dewar retires from GM 13 days ago on Autoblog

In yet another "that didn't take long" moment from General Motors, Chevrolet's vice president, Brent Dewar, has retired after being appointed in July by recently-ousted CEO Fritz Henderson. GM's vice president of Sales, Service and Marketing, Susan Docherty, made the announcement late today, ...

Mad Money host Jim Cramer calls Whitacre 'assassin of the bad' 13 days ago on Autoblog

We've spilled some ink about CNBC Mad Money host Jim Cramer before, the financial expert who – as The Daily Show pointed out – missed the whole Great Depression 2.0 thing. Of course, it's not fair to single out Mr. Cramer, as 99 out of 100 economists thought credit default swaps based ...

REPORT: Spencer Stuart tasked with finding new GM CEO 14 days ago on Autoblog

Headhunting firm Spencer Stuart is without doubt on the speed-dial lists of bailed-out firms, having placed chairmen, CEOs, Chrysler Group LLC, and board members for AIG, Citigroup Inc., Freddie Mac, Fannie Mae, and GMAC. Then they flew over General Motors so that Ed Whitacre, Jr. could heli-drop ...

Here's the Plan: GM reveals how it will deal with shuttered dealers' complaints 18 days ago on Autoblog

Back in May, General Motors announced plans to close down a large portion of its dealership network. Since then, a number of those franchisees have lodged complaints to both the automaker itself and appropriate policymakers, leading to possible legislation on how GM is allowed to handle the ...

Is Peugeot-Citroën on the verge of buying Mitsubishi? 18 days ago on Autoblog

The French and the Japanese have gotten together to form a magic partnership once already with Carlos Ghosn at the helm. The question is, then, can that success be replicated? PSA Peugeot-Citroën seems to hope so, and it is reportedly on the verge of purchasing a controlling stake (somewhere ...

BREAKING: Whitacre to shakeup GM management, put Lutz in product planning [UPDATE: Confirmed] 18 days ago on Autoblog

Having just been appointed interim CEO at General Motors earlier this week, ex-AT&T man Ed Whitacre isn't wasting any time in exercising his newfound authority. According to The Wall Street Journal, Whitacre is to announce a number of management changes this morning, including moving Vice ...

Fifth Gear: Hope yet for Britain's other car show? 19 days ago on Autoblog

Our heart goes out to the crew at Fifth Gear. It really does. Because it's got to be tough living in the shadow of the BBC show that spawned it. We're talking about Top Gear, of course, and by any other yardstick, Fifth Gear is a fantastic car show. But its popularity has never approached what ...

Michael Richards named Buick GMC general manager 21 days ago on Autoblog

Fritz Henderson's unexpected resignation may have taken top billing today, but it wasn't the only move announced by General Motors today. Michael Richards has been named the new General Manager of Buick GMC effective immediately, with the automaker looking from outside the company to fill the ...

BREAKING: GM CEO Fritz Henderson steps down 21 days ago on Autoblog

Well, that was quick. Fritz Henderson, the recently appointed CEO of General Motors, is stepping down. Company chairman of the board Ed Whitacre (remember the "Satisfaction Guaranteed" commercials, that's the guy) is set to act as the interim CEO until a permanent replacement is found. This ...

Global search reportedly on to find successor for Ratan Tata 21 days ago on Autoblog

Three years ago the retirement age for Tata's holding company was upped to 75. Although Ratan Tata is only 71, there is no obvious successor to take his place at the head of India's global conglomerate, so the search has begun for the leader of the next act. Whoever that person is will take ...

Danica Patrick signs multi-year deal to stay in IRL with restructured Andretti Autosport 22 days ago on Autoblog

There are plenty of reasons why Danica Patrick stays in the news. If it's not her famous temper, photo shoots for Sports Illustrated or racy television commercials, it's her impressive results on the race track. She is, after all, the first woman to win an Indy race and, after finishing third at ...

Who will succeed Mullaly at Ford? It's never too early to start handicapping 26 days ago on Autoblog

When Alan Mulally arrived at Ford Motor Company three years ago, the Blue Oval was in bad shape. New product wasn't exactly pouring in and the company's cash hoard was steadily shrinking. And word on the street is that the corporate culture at Ford was in as much trouble as the product lineup, ...

GM swings the axe: 9,000 Opel jobs likely to be eliminated 27 days ago on Autoblog

General Motors shouldn't expect to achieve David Hasselhoff-level popularity in Germany anytime soon. The Detroit News reports that since GM has elected to keep and restructure its Opel division, 9,000 jobs (or somewhere thereabouts) will likely be cut, with the majority of those losses expected ...

REPORT: Toyota may pull people out of CA, relocate to KY and MI [UPDATE] 27 days ago on Autoblog

While the majority of Toyota's jobs are still in Japan, the auto juggernaut has also accumulated a 34,000-employee empire here in the U.S. as well. Those jobs are scattered among ten manufacturing facilities and three main office complexes in Michigan, Kentucky and at the company's North American ...

Williams sells minority stake to Austrian investor 27 days ago on Autoblog

With all the money that goes into running an F1 team, and the limited opportunity to make any of it back, we can't see why anyone would view owning a team as a sound investment. Evidently Herr Toto Wollf feels otherwise, as the Austrian financier and gentleman racing driver has acquired a minority ...

BREAKING: Koenigsegg backs out of Saab purchase, brand future up in the air 28 days ago on Autoblog

After riding in on a white horse, Koenigsegg Group AB has pulled out of negotiations to buy Saab from General Motors, leaving the Swedish automaker's future very much in doubt. In a brief statement issued by GM (available after the jump), president and CEO Fritz Henderson says that the company ...

Officially Official: Mercedes GP confirms Nico Rosberg for 2010 29 days ago on Autoblog

Following earlier speculation, the newly-acquired Mercedes Grand Prix team has confirmed its first driver for the upcoming Formula One season. As expected, Nico Rosberg will be switching places with Rubens Barrichello, the departing Brawn GP driver who moves to Williams for next year. 24-year-old ...

REPORT: USF1 signs pay-drive deal with Jose Maria Lopez 1 month ago on Autoblog

Reports circulating the motorsport press indicate that USF1 has signed a provisional contract with Argentine driver Jose Maria Lopez to drive for the new team next season. The arrangement, however, depends on Lopez bringing with him $8 million in sponsorship dollars, of which the young South ...

Universal Soldiers: F1 aces Raikkonen, Vettel and Kubica lured by rallying 1 month ago on Autoblog

It used to be that a racing driver would pick his form of motorsport at the beginning of his career and stick with it for the duration. Sure, there have been a few notable exceptions – especially among the Finns – but these days, it seems as if the exceptions are gaining on the norm. ...

Mercedes Grand Prix searches for drivers while dispelling board's concerns 1 month ago on Autoblog

With two manufacturers leaving the series, four new teams joining the grid and a giant game of musical chairs amongst the drivers ensuing, the off-season between the 2009 and 2010 Formula One World Championships is packing in as much action as the racing itself. But few developments have garnered ...

BREAKING: Jenson Button joins Hamilton for twin-champ McLaren "super team" 1 month ago on Autoblog

It's not every day that you see two World Champions teamed up together – especially not the two most recent. In fact, that bit has never happened before in Formula One history, but that's exactly what we'll see next year as McLaren has announced the teaming of Jenson Button and Lewis ...

REPORT: 65,000 seek jobs to build VW's New Midsize Sedan in Tennessee 1 month ago on Autoblog

You probably already know just how bad the employment situation is here in the States, and if you don't, nationwide unemployment is right around 10% – and that doesn't include those who took lower-paying part-time jobs in place of a lost full-time job. That's bad news for us, but at least ...

REPORT: Ferrari figures Raikkonen, Schumacher and Montezemolo to leave their F1 posts 1 month ago on Autoblog

The times they are a-changin' in Maranello. As if the departures of Michael Schumacher, Ross Brawn and Jean Todt over the past few years wasn't enough to shake things up for the Scuderia, a new round of change-ups is looming on the horizon. First up is Kimi Raikkonen, the 2007 World Champion ...

GM Executive VP Nick Reilly named interim CEO at Opel/Vauxhall 1 month ago on Autoblog

It's been one heck of a week for Opel. After months of negotiations between Magna and its partners on the one hand and General Motors on the other, the American parent company opted to hold on to its European subsidiary. In the wake of the decision, Opel's chief executive Carl-Peter Forster ...

REPORT: Ex-Opel chief Carl-Peter Forster may take over at Jaguar-Land Rover 1 month ago on Autoblog

It appears that outgoing Opel chief Carl-Peter Forster may have already lined up a new gig for himself. According to The Times of London, Forster will become an employee of Tata Motors and take the top job at Jaguar-Land Rover. If this appointment comes through, it will be something of a ...

Next Page →






Autoblog Podcast #157: 'Twas a couple nights before Christmas...

Chris, Editor Paukert, and Dan send the Podcast off for the Christmas holiday in proper fashion

 
 

Subscribe via: iTunes | RSS

Featured Galleries

  • Spy Shots: 2011 Lincoln MKX
  • Spy Shots: 2011 Ford Edge
  • MINI Beachcomber concept
  • Gold Mercedes-Benz SLS for Dubai Motor Show
  • 2011 Mercedes-Benz E-Class Cabriolet
  • 2011 Audi A1 Graffiti Teasers
  • Reader Spy: SRT-prepped Dodge Journey R/T
  • 2011 BMW Z4 sDrive35is
  • Ferrari P540 Superfast Aperta
  • 2010 Dodge Viper ACR-X
  • First Drive: 2010 Lexus GX460
  • Hennessey Performance Venom GT in the shop
AOL Autos

Find Your Next Car

Resources

10 Most Searched Cars on AOL Autos

Autoblog Video

Autoblog Green

BloggingStocks

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum