FRANKFURT -- Borgward, a storied German brand that is being revived with Chinese backing, plans to open a factory in Germany to build 10,000 cars a year.
FRANKFURT -- Borgward, a storied German brand that is being revived with Chinese backing, plans to open a factory in Germany to build 10,000 cars a year.
The sweeping belt-tightening effort will involve hundreds of job cuts in the U.S. and factory consolidation in Mexico.