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Harald Hendrikse

Harald Hendrikse

German car industry braces for more plant closures and job cuts
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German car industry braces for more plant closures and job cuts

Volkswagen's plan to close four factories and cut 100,000 jobs - not yet approved by the board of directors - is just one of several expected cuts in Germany's giant car industry. BMW and Mercedes-Benz, as well as several major German suppliers, are on the same track
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