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News

Kuwait Times
kuwaittimes.com > article > 48220 > business > opels-china-move-alarms-russelsheim

Opel???s China move alarms Russelsheim

5+ hour, 17+ min ago   (334+ words) German automakers are ramping up cost-cutting measures in response to a sluggish European market, overcapacity in the EV sector, and the rising strength of Chinese rivals. Volkswagen, Mercedes-Benz, BMW and Porsche have all announced cost-reduction programs. For Opel, these measures…...

Kuwait Times
kuwaittimes.com > article > 46241 > top-stories > union-warns-of-conflict-as-vw-eyes-mass-job-cuts

Union warns of ‘conflict’ as VW eyes mass job cuts

1+ mon, 1+ week ago   (255+ words) As VW’s bosses presented their planned overhaul to the 10-brand group’s supervisory board, workers staged protests outside plants and unions warned they were ready to step up industrial action. Denny—who gave only one name, and works for a company…...