Business Services Industry
200 jobs to go at car parts maker.
Australasian Business Intelligence, August, 2005
Byline: Duncan Hughes
Aug 30, 2005 (The Australian Financial Review - ABIX via COMTEX) -- The Ion car parts maker in Australia has been in financial difficulties for some time. It was placed in voluntary administration in
December 2004. In late August 2005, Ion revealed that it will have to abolish 200 jobs, because GM Holden has cancelled a key contract. Around 1,700 jobs in Australia's automotive industry have already been lost in August 2005. The car industry is facing huge challenges, including lower tariff protection
and increased demand for imported cars. GM Holden and Mitsubishi have had to lay off workers in 2004-05. Trade union groups are trying...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
