BMW to cut 5,600 more jobs by year’s end

BMW to cut 5,600 more jobs by year’s end
Baltimore Sun - MUNICH, Germany - Luxury automaker BMW AG said yesterday that it would cut another 5,600 jobs by the end of 2008, on top of 2,500 other positions that have been eliminated, as it moves to pare expenses amid a wider cost-cutting program. Speaking to …
Source: www.baltimoresun.com

UPDATE 1-Chrysler sustains heavy loss due to one-offs - Reuters

UPDATE 1-Chrysler sustains heavy loss due to one-offs
Reuters - 18 hours ago
FRANKFURT, Feb 27 (Reuters) - Ailing US carmaker Chrysler Holding LLC sustained a net loss of 1.94 billion euros ($2.92 billion) according to IFRS
UPDATE 1-Daimler ramps up R&D, capex spending through 2010 Reuters
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Source: news.google.com

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