US EditionGerman auto industry faces layoffs amid profit drops
Summary by Financial World
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.1 Articles
1 Articles
German auto industry faces layoffs amid profit drops
The German car industry is going through difficult times. Manufacturers such as Volkswagen, Porsche and Mercedes are facing big drops in profits and announcements of layoffs. Volkswagen, for example, plans to cut around 33,000 jobs by 2030, while a reduction of 1,900 jobs is mentioned for Porsche. Sources from the industry state that Mercedes-Benz could also lose up to 20,000 jobs, although the company did not comment on this. The company Sensop…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
