cost-cutting

Volkswagen avoids factory closures in Germany with a deal cutting 35,000 jobs by 2030

Volkswagen has announced a deal with European unions to avoid factory closures in Germany and…

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…

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…