Volkswagen Group plans to widen cost-cutting efforts by standardizing key technologies as the German automaker seeks to accelerate a seismic shift toward electric cars to combat Tesla and keep traditional rivals such as Daimler at bay.
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By:
Bloomberg
March 16, 2021 07:28 AM
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Nissan North America targets nearly $2 billion in cost cuts to shift out of ‘crisis mode’
The sweeping belt-tightening effort will involve hundreds of job cuts in the U.S. and factory consolidation in Mexico.
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