Cost cutting
F1 Needs to Reduce Costs: Ferrari Boss Says
Ferrari’s President, Luca di Montezemolo, recently affirmed his support for the need to cut costs in Formula 1, inline with the FIA which has said essentially that drastic measures are required if the sport is to remain viable over the longer term.
GM Moves Forward With Opel Restructuring
During a recent statement, Girsky said that “in order to fully leverage [Opel’s] potential we will continue to work on optimizing the cost structure, improve margins and make use of economies of scale within the group.”
