Find a Car
Go!

Headlight News Weekly for November 27, 2000


CHRYSLER SHAKEUP
GM AND DC IDLE PLANTS
BRIDGESTONE FIRESTONE LAYOFFS
MAZDA MOVES PRODUCTION TO EUROPE
DAEWOO PRESIDENT APPEALS TO UNIONS
STATES AGREE WITH CA DIESEL RULES
NHTSA OPENS INVESTIGATION INTO GOODYEAR TIRES
JEEP WILL KEEP CHEROKEE
FORD AND VISTEON BABYSIT
DC STOCK DIVES
DAEWOO SUPPLIERS SUFFER
ZETSCHE TO PHASE OUT INCENTIVES
SLATER REVEALS CHILD-SAFETY PLAN

 

CHRYSLER SHAKEUP DaimlerChrysler AG last week replaced Chrysler operations president James Holden with Dieter Zetsche, a top executive in DaimlerChrysler's commercial vehicles unit. Wolfgang Bernhard, of Mercedes-Benz's AMG performance group, will be appointed as Chrysler's new chief operating officer. DaimlerChrysler is hoping that the two new top executives will be able to turn around the ongoing losses at the Chrysler division. Following the announcement, three more executives have left DaimlerChrysler, likely in response to the management changes announced by the company last week. Chief administrative officer Kathleen Oswald and Theodore Cunningham, DC's vice president of global sales and marketing for Chrysler, both announced their retirement effective immediately, and Tony Cervone was forced out of his position as vice president, communications. Cervone had only recently returned to DaimlerChrysler from a position at General Motors.
[ return to top ]

 

GM AND DC IDLE PLANTS Both General Motors and Chrysler have announced that they will idle some plants in the next few weeks due to excessive inventories. GM plans to idle 6100 workers at assembly plants in Janesville, Wisconsin, Shreveport, Louisiana, Wentzville, Missouri, and St. Therese, Quebec. DaimlerChrysler will idle 3100 workers at its Belvidere, Illinois, plant this week, and it will also idle several North American plants next week due to excess inventories. The plants to be idled are in Bramalea, Ontario (Chrysler 300M, Concorde, and LHS), Jefferson North in Detroit (Jeep Grand Cherokee), and Toledo, Ohio (Jeep Cherokee and Wrangler). The temporary shutdown affects about 13,600 workers.
[ return to top ]

 

BRIDGESTONE FIRESTONE LAYOFFS Bridgestone Firestone has decided to temporarily lay off 1100 workers starting in January, mainly due to falling U.S. sales from the massive Firestone recall. The company reports an oversupply of most passenger car and light truck tires. The plants that are scheduled for production cuts are those in LaVergne, Tennessee, Oklahoma City, and Warren County, Tennessee. The company has already laid off about 450 workers at the Decatur, Illinois, plant where most of the 6.5 million recalled tires were made.
[ return to top ]

 

MAZDA MOVES PRODUCTION TO EUROPE Mazda Motor Corporation has announced that it will cut about one fourth of its manufacturing capacity in Japan, in favor of launching new production efforts in Europe. The changes will mean about 1800 lost jobs at Mazda's facilities in Japan. The movement toward production in Europe will enable Mazda to establish a stronger presence in the European market and cut its losses due to trading against a weak euro. Mazda plans to make about 100,000 cars per year at an existing Ford plant in Europe. Although the site has not been finalized, most likely locations are in Germany, Belgium, or Spain.
[ return to top ]

 

DAEWOO PRESIDENT APPEALS TO UNIONS Daewoo's current president, Kim Dae-jung, has warned labor unions that the car company will not survive if the unions will not accept layoffs. Daewoo declared bankruptcy on November 8 after the labor union rejected a plan that would cut more than 3000 workers. Daewoo Motor has applied for court receivership, although officials anticipated that the receivership will not be granted. The president has made an appeal to the workers that any layoffs would be reversed as soon as the company is prosperous again.
[ return to top ]


 
Follow Us

Commenting is closed for this article
Try My Showroom
Save cars, write notes, and comparison shop with hi-res photos.
Add your first car
Take Us With You!
   

 
© 2015 The Car Connection. All Rights Reserved. The Car Connection is published by High Gear Media. Stock photography by izmo, Inc. Read Our Cookie Policy.