Jaguar Land Rover (JLR) has outlined the next phase of its Reimagine strategy following an investor update at its Gaydon headquarters, setting out plans to achieve double-digit revenue growth through greater propulsion flexibility and an increased focus on North America. Read More...
Volkswagen Group has put an estimated €16 billion cost on its sweeping restructuring programme, which includes plans to eliminate up to 100,000 jobs and reconsider the future of four German plants. Read More...
U.S. automotive supplier Lear Corporation is to cease production and logistics operations at its Gründau facility in Germany, with around 180 jobs expected to be affected. Read More...
The German automotive group is set to reduce its global workforce by around 8,000 employees by the end of 2027, as mounting pressure on the automotive industry forces the German manufacturer to accelerate cost-cutting measures. Read More...
Volkswagen Group is reportedly preparing its most extensive restructuring programme to date, with plans that could see up to 100,000 jobs cut worldwide over the coming years. Read More...
Luxury group LVMH is facing growing scrutiny over cost-cutting measures and restructuring efforts as reports emerge of planned job reductions at its tannery in France. Read More...
Volkswagen plans to eliminate around 50,000 jobs in Germany by 2030 as part of a wider restructuring programme, according to CEO Oliver Blume in the company’s 2025 shareholder letter. Read More...
Major job cuts in Italy’s leather and fashion manufacturing sector suggest renewed pressures. Read More...
As the year draws to a close, ILM Editor Megan Thomas takes a look at the stories from 2025 that resonated most with ILM’s readers. Read More...
Sports car manufacturer Lotus will cut 550 jobs at its UK headquarters in Norfolk. Read More...
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