Flash
Schaeffler to Cut 1,300 Jobs in Germany, Accelerating Shift Toward Non-Automotive Markets
Early Retirement Program Key Cost-Cutting Measure Amid Ongoing Pressure on Electrification Business
News and analysis on workforce reductions, organizational restructuring, and HR optimization across China's automotive industry.
Early Retirement Program Key Cost-Cutting Measure Amid Ongoing Pressure on Electrification Business
European Auto Giant Confronts Chinese Competition — Set to Launch Over 20 New Energy Vehicles in China in 2026
High German production costs, halved China sales, and ID-series pressure push VW toward €6 billion annual cost-cutting target