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WORLD
Volkswagen threatens to lay off 30,000 employees, German minister urges company to keep plants open
German Economy Minister Robert Habeck has called on Volkswagen to avoid closing its plants. During a visit to Volkswagen’s factory in Emden, Lower Saxony, Habeck emphasized that all efforts should focus on keeping the production sites operational. This was reported by the DPA news agency. Cost-cutting measures shouldn’t come at the expense of employees or […]
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WORLD
Chinese company BYD to build automotive plant in Turkey
The new plant will facilitate BYD’s access to the European market thanks to Turkey’s customs agreement with the European Union. Chinese automaker BYD is set to construct a manufacturing plant in Turkey. The investment is estimated at $1 billion (approximately €922.93 million), according to Turkish government sources. This information was reported by AFP, with further […]
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