Aston Martin Reduces Production Amid Slowing Demand

In another sign of economic pressure in the automobile industry, British sportscar maker Aston Martin has announced further cuts in production. In order to cope with slowing global demand, the company said that it put all of its employees at its Gaydon plant in central England on a three-day work week. The announcement comes in less than two months after the British firm revealed that it was planning to cut up to 300 temporary and 300 full-time positions at its Gaydon plant in 2009. Up until now, three hundred staff have already left and Aston Martin is in the final stages of talks over the remaining 300.

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