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German carmakers on their knees as Chinese EVs flood market
Germany’s automaker giants are planning historic job cuts as analysts warn the wave of cheap Chinese models into Europe is proving critical.
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euronews.com
VW said to plan cuts of up to 100,000 jobs as crisis deepens
Volkswagen is reportedly preparing for the most radical restructuring in its history. Up to 100,000 jobs could go worldwide, twice as many as previously known. Four German plants…
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Crisis deepens: VW reportedly planning to cut up to 100,000 jobs
Volkswagen is reportedly preparing what could become the most radical overhaul in its history. Up to 100,000 jobs could be cut worldwide, while four German plants could close.
