Type
Internal restructuring
Country
Germany
Region
Baden-Württemberg; Stuttgart; Böblingen
Location of affected unit(s)
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.1 - Manufacture of motor vehicles

300 jobs
Number of planned job losses
Job loss
Announcement Date
25 March 2006
Employment effect (start)
Foreseen end date

Description

On 25 March 2006, DaimlerChrysler, the multinational car group, announced that they were to cease production of the Smart model 'forfour'. The production of the remaining Smart model 'fortwo' will be completely integrated into the Mercedes organisation. This measure is likely to result in a reduction of 300 jobs at the Smart facilities in Böblingen.


Sources

  • 27 March 2006: Financial Times Deutschland

Citation

Eurofound (2006), Smart, Internal restructuring in Germany, factsheet number 63267, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63267.