Why OEMs Are Building More Factories During Global Sales Slump
August 05, 2019
Nissan is reportedly cutting approximately 10% of its global workforce, some 12,500 people. Ford may be in the process of cutting some 7,000 salaried workers by the end of August. Compared to 2018, car sales in western Europe were down 3.5% in the first half of 2019. In China, passenger…