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News: Luxury British carmaker Aston Martin hit by downturn

Aston Martin sold 7,300 cars last year but that is expected to fall to 6,500 this year.Chief executive Dr Ulrich Bez said: "Like other premium car brands, Aston Martin has been forced to take action to respond to the unprecedented downturn in the gl

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Bond can't protect Aston from slump

"Like other premium car brands, Aston Martin has been forced to take action to respond to the unprecedented downturn in the global economy. These are regrettable but necessary measures in the extraordinary market conditions we all now face," said chief executive Ulrich Bez.

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MORNING AUTO REPORT: Ford CEO to drive to D.C.; Toyota to cut bonuses

... been forced to take action to respond to the unprecedented downturn in the global economy,” said Ulrich Bez, chief executive officer. See full story about . By Will Powell • Autocar Delphi can delay loan repayment again A bankruptcy judge has said Delphi can postpone by 6 months the repayment of $4.35 billion in loans. The delay was necessary in part because Delphi has depended on former...

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Car company cuts

A drop in car sales has forced to consider cutting up to 600 positions across its permanent and temporary workforces. The Gaydon, Warwickshire-based luxury car company is in talks with representatives from the union Unite on a range of cutbacks that will be implemented in 2009. Dr Ulrich Bez, chief executive officer at Aston Martin, said: ‘Like other premium car brands, Aston Martin has been...

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More than 2,000 jobs will go, warn firms

The firm sold a record 7,300 cars last year, but expects to sell only 6,500 this year. Dr Ulrich Bez, chief executive, said: 'Like other premium car brands, Aston Martin has been forced to take action to respond to the unprecedented downturn in the global economy. These are regrettable but necessary measures in the extraordinary market conditions we all now face.'

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Aston Martin reducing costs by cutting jobs

The company employs about 1800 people in the UK. CEO Ulrich Bez said, “Like other premium car brands, has been forced to take action to respond to the unprecedented downturn in the global economy. These are regrettable but necessary measures in the extraordinary market conditions we all now face.” Aston Martin is positive that the reductions won’t impinge on delivery of its products in the future.

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2,000 jobs lost in just one day

... because of stalling car sales.Advertisement - article continues below »Chief executive Dr Ulrich Bez said: "These are regrettable but necessary measures in the extraordinary conditions we face." Halfords announced plans to slash 200 jobs from its network of stores plus a further 50 from its head office in Redditch, Worcs.Unite's Derek Simpson said: "It's appalling this news has been delivered...

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Luxury car maker Aston Martin laying off 600 employees; firm makes car in Bond film

"Like other premium car brands, Aston Martin has been forced to take action to respond to the unprecedented downturn in the global economy. These are regrettable but necessary measures in the extraordinary market conditions we all now face," said chief executive Ulrich Bez.

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UK & World News: Aston Martin axes 600 jobs

Chief executive Dr Ulrich Bez said: "Like other premium car brands, Aston Martin has been forced to take action to respond to the unprecedented downturn in the global economy. These are regrettable but necessary measures in the extraordinary market conditions we all now face.

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Aston Martin axes 600 jobs

Chief executive Dr Ulrich Bez said: "Like other premium car brands, Aston Martin has been forced to take action to respond to the unprecedented downturn in the global economy. These are regrettable but necessary measures in the extraordinary market conditions we all now face.

+Vote!

Aston Martin axes 600 jobs

Chief executive Dr Ulrich Bez said: "Like other premium car brands, Aston Martin has been forced to take action to respond to the unprecedented downturn in the global economy. These are regrettable but necessary measures in the extraordinary market conditions we all now face.

+Vote!

Aston Martin shedding 600 jobs

Chief executive Dr Ulrich Bez said: "Like other premium car brands, Aston Martin has been forced to take action to respond to the unprecedented downturn in the global economy. These are regrettable but necessary measures in the extraordinary market conditions we all now face.

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Aston Martin to Lay Off 600

... necessary measures in the extraordinary market conditions we all now face," said chief executive Ulrich Bez. "Overall, we remain confident that the Aston Martin brand is the strongest it has ever been: with dedicated design, engineering and manufacturing facilities and an award-winning product range, we remain well positioned for the upturn in the economy." The Unite union said it would...

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Aston Martin Lays Off 600

... necessary measures in the extraordinary market conditions we all now face," said chief executive Ulrich Bez. "Overall, we remain confident that the Aston Martin brand is the strongest it has ever been: with dedicated design, engineering and manufacturing facilities and an award-winning product range, we remain well positioned for the upturn in the economy." The Unite union said it would...

+Vote!

Aston Martin laying off 600 employees

... necessary measures in the extraordinary market conditions we all now face,” said chief executive Ulrich Bez.“Overall, we remain confident that the Aston Martin brand is the strongest it has ever been: with dedicated design, engineering and manufacturing facilities and an award-winning product range, we remain well positioned for the upturn in the economy.”The Unite union said it would oppose...