UPDATE 1-Mercedes job cuts aim to save 500 mln euros a year


(Adds breakdown of job cuts at Mercedes, analyst, background) By Christiaan Hetzner and Michael Shields FRANKFURT, Sept 29 (Reuters) - DaimlerChrysler plans to save around 500 million euros ($603 million) a year through its voluntary redundancy packages for 8,500 workers at its Mercedes Car Group division, it said on Thursday. The world's fifth-biggest carmaker had announced the packages on Wednesday, underscoring German carmakers' attempts to fight the highest labour costs in the ...

Premium Content (PAID Subscription Required)

"UPDATE 1-Mercedes job cuts aim to save 500 mln euros a year" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Jan 18, 2018

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×