Nissan is facing serious financial problems due to its decision to abandon hybrids and focus exclusively on electric vehicles.
Read Morecost-cutting
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.
Read More