Volkswagen has announced a deal with European unions to avoid factory closures in Germany and massive strikes.
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After exclusive bet on electric vehicles, Nissan faces financial crisis and uncertain future
Nissan is facing serious financial problems due to its decision to abandon hybrids and focus exclusively on electric vehicles.
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Volkswagen Announces Unprecedented Factory Closures in Germany as Part of Billion-Dollar Cost-Cutting
Volkswagen plans to close up to three factories in Germany for the first time in its history, as part of a restructuring aimed at cutting more than $4.3 billion in costs.
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