Tag: Layoffs and Job Reductions

Why Fiat Chrysler’s Talks With Renault Fell Apart

The proposed merger of Fiat Chrysler Automobiles and Renault, a tie-up seen as a transformative deal in an industry facing with technological challenges, fell apart on Wednesday, and the recriminations started almost immediately. The stock prices of both companies — which jumped after Fiat announced its plan last week — are feeling the effects. In […]

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Can Tesla Ever Be More Than a Niche Automaker? Wall St. Increasingly Thinks No

Get the DealBook newsletter to make sense of major business and policy headlines — and the power-brokers who shape them.__________ Few companies have created such strong and divergent opinions across Wall Street as Tesla. To the company’s biggest boosters, Tesla’s chief executive, Elon Musk, is a new Steve Jobs — out to revolutionize transportation and […]

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With His Job Gone, an Autoworker Wonders, ‘What Am I as a Man?’

LORDSTOWN, Ohio — In the weeks since he lost his job at the car plant, Rick Marsh has blasted Pink Floyd while cleaning the house. He has watched the cat watching the birds. He has smoked cigarettes out the sliding glass door. He has watched Motor Trend, a TV network about cars. He bought a […]

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