Freightliner heavy-duty trucks are seen in this October 14, 2008 image taken in Gainesville, Virginia. German heavy truck maker Daimler said it will eliminate 3,500 North American jobs owing to the worsening economic slowdown, a day after Japan's Nissan announced nearly 1,700 jobs were being axed. Following announcements by Nissan, Renault, and Volvo in Europe, and restructuring by General Motors and Ford, utility vehicles are also unveiling hits from slumping sales. In the United States, the market deteriorated 'in a way we have not anticipated,' Daimler Trucks boss Andreas Renschler told a telephone press conference. Getty Images logo Getty Images 16 months ago

Freightliner heavy-duty trucks are seen in this October 14, 2008 image taken in Gainesville, Virginia. German heavy truck maker Daimler said it will eliminate 3,500 North American jobs owing to the worsening economic slowdown, a day after Japan's Nissan announced nearly 1,700 jobs were being axed. Following announcements by Nissan, Renault, and Volvo in Europe, and restructuring by General Motors and Ford, utility vehicles are also unveiling hits from slumping sales. In the United States, the market deteriorated 'in a way we have not anticipated,' Daimler Trucks boss Andreas Renschler told a telephone press conference.

Related Photos

  1. MUNICH, GERMANY - JANUARY 25: Jerome Guillen of Daimler attends the Digital Life Design (DLD) conference at HVB Forum on January 25, 2010 in Munich, Germany. DLD brings together global leaders and creators from the digital world.
  2. MUNICH, GERMANY - JANUARY 25: Jerome Guillen of Daimler attends the Digital Life Design (DLD) conference at HVB Forum on January 25, 2010 in Munich, Germany. DLD brings together global leaders and creators from the digital world.
  3. MUNICH, GERMANY - JANUARY 25: Jerome Guillen of Daimler attends the Digital Life Design (DLD) conference at HVB Forum on January 25, 2010 in Munich, Germany. DLD brings together global leaders and creators from the digital world.
  4. STUTTGART, GERMANY - JANUARY 25: (L-R) Thomas Weber, member of the Daimler AG chairman's board, Mercedes GP team principal Ross Brawn, Dieter Zetsche, CEO of Daimler AG, drivers Nico Rosberg and Michael Schumacher, Norbert Haug, head of Mercedes Motorsport, and Mercedes GP CEO Nick Fry and unnamed guest pose during the Mercedes GP Petronas Formula One Team presentation at the Mercedes Museum on January 25, 2010 in Stuttgart, Germany.
  5. STUTTGART, GERMANY - JANUARY 25: Daimler AG CEO Dieter Zetsche gestures during the Mercedes GP Petronas Formula One Team presentation at Mercedes Museum on January 25, 2010 in Stuttgart, Germany.
  6. STUTTGART, GERMANY - JANUARY 25: Dieter Zetsche, chairman of Daimler AG holds a speach during the Mercedes GP Petronas Formula One Team presentation at Mercedes Museum on January 25, 2010 in Stuttgart, Germany.
  7. Nick Reilly (L) CEO of General Motors' subsidiary carmaker company Opel speaks with Volker Hoff after a news conference in Frankfurt February 9, 2010. General Motors unit Opel has asked Germany for 1.5 billion euros ($2.05 billion) state aid to help fund a restructuring plan including an 11 billion euro investment and sweeping job cuts in a drive to break even by next year.
  8. Nick Reilly, CEO of General Motors' subsidiary carmaker company Opel addresses a news conference in Frankfurt February 9, 2010. General Motors unit Opel has asked Germany for 1.5 billion euros ($2.05 billion) state aid to help fund a restructuring plan including an 11 billion euro investment and sweeping job cuts in a drive to break even by next year.
  9. Nick Reilly, CEO of General Motors' subsidiary carmaker company Opel addresses a news conference in Frankfurt February 9, 2010. General Motors unit Opel has asked Germany for 1.5 billion euros ($2.05 billion) state aid to help fund a restructuring plan including an 11 billion euro investment and sweeping job cuts in a drive to break even by next year.
  10. Nick Reilly, CEO of General Motors' subsidiary carmaker company Opel addresses a news conference in Frankfurt February 9, 2010. General Motors unit Opel has asked Germany for 1.5 billion euros ($2.05 billion) state aid to help fund a restructuring plan including an 11 billion euro investment and sweeping job cuts in a drive to break even by next year.
  11. Nick Reilly, CEO of General Motors' subsidiary carmaker company Opel addresses a news conference in Frankfurt February 9, 2010. General Motors unit Opel has asked Germany for 1.5 billion euros ($2.05 billion) state aid to help fund a restructuring plan including an 11 billion euro investment and sweeping job cuts in a drive to break even by next year.
  12. Nick Reilly, CEO of General Motors' subsidiary carmaker company Opel leaves a news conference in Frankfurt February 9, 2010. General Motors unit Opel has asked Germany for 1.5 billion euros ($2.05 billion) state aid to help fund a restructuring plan including an 11 billion euro investment and sweeping job cuts in a drive to break even by next year.

More Photos of

Related Articles

  1. Treehugger logo
    Peak Oil in 5 Years: Virgin Boss Branson's Warning
    Treehugger 8 hours ago

    Image credit: Virgin Group It's always hard to know what to make of Richard Branson. From his reported $3bn investments... Full Article at Treehugger

  2. Treehugger logo
    Ocean Film Fest 2010: Whale Sharks By The Hundreds at Isla Holbox
    Treehugger 1 day ago

    Photo via San Francisco Ocean Film Festival Isla Holbox is a small island off the coast of Mexico that boasts an unusually... Full Article at Treehugger

  3. Treehugger logo
    Are Carpets & Computers Dispensing Timed-Release Birth Control Vapors?
    Treehugger 1 week ago

    Large carpeted room.. Image credit:Fopple UC Berkeley researchers are reporting that exposure to polybrominated diphenyl... Full Article at Treehugger

  4. Treehugger logo
    Offshore Drilling, 'Clean' Coal, and Nuclear Power: Is Obama's Clean Energy Agenda Really Clean? (Audio)
    Treehugger 1 week ago

    Photo via CBC Many environmentalists were discouraged last week when Obama noted in his SOTU that in order to achieve... Full Article at Treehugger

  5. Treehugger logo
    Experts Advocate International Geo-enineering Research and Governance
    Treehugger 1 week ago

    Image: Clouds Seeded Over Las Vegas Flickr, Saschapohflepp In an opinion piece in the Jan. 27 online issue of Nature (paid... Full Article at Treehugger

  6. Treehugger logo
    21st Century Tech Meets 15th Century Architecture
    Treehugger 1 week ago

    Would solar panels mar Istanbul's historic skyline? Photo by Jennifer Hattam. Can you imagine the Eiffel Tower with wind... Full Article at Treehugger

  7. Treehugger logo
    Better Food for Daycares and Nurseries: Online Campaign
    Treehugger 1 week ago

    Image credit: Better Nursery Food Now From two angry moms tackling school lunches through Jaimie Oliver demanding Government... Full Article at Treehugger

  8. Planet Green logo
    How To Buy Humane Eggs - What to Know, and What You Can Forget
    Planet Green 1 week ago
    eggs

    Cage-free. Organic. Range-fed. Humane. We know the terms, and we see them on the labels of the egg cartons at the store. But... Full Article at Planet Green

  9. Treehugger logo
    Destructive Impact of Invasive Species Measured In 57 Countries
    Treehugger 1 week ago

    Yup, even our sweet house cats are a destructive invasive species. Photo via Lincolnlog Invasive alien species have been... Full Article at Treehugger

  10. Treehugger logo
    From the Forums: Is Excessive TreeHugging Damaging Your Relationship?
    Treehugger 2 weeks ago

    Image Credit: skedonk via Flickr wildlifer has a thought about relationships: The New York Times says therapists are reporting... Full Article at Treehugger

Related Topics

There are no results for this module. You may be filtering results with a topic filter, or else there are no results. Edit the module to change the filter options or the search term used to query related topics.