How Volkswagen wants to become more competitive again Volkswagen is tightening its cost-cutting course. The Group wants to reduce overcapacity, realign production networks and cut around 50,000 jobs across the Group by 2030. The measures are intended to save more than €6 billion ($6.9bn) annually. Redaktion
Nissan to close Mexico plant in global production realignment Nissan is shutting its Cuernavaca plant to streamline operations under its global Re:Nissan plan with production shifting to Aguascalientes and interest from Chinese OEMs in the facility’s future. Charlie Blackie-Kelly Emily Uwemedimo
