Tag: measures

Mercedes-Benz cost-cutting measures

Mercedes-Benz has recently come to an agreement with its works council to implement staff buy-outs and reduce planned…

Li Auto unveils measures to smooth out expiration of China’s trade-in subsidy

Li Auto's local peer Nio recently announced a new limited-time 0-interest financing plan, following the expiration of China's…

Volkswagen CEO outlines urgent cost-cutting measures

Volkswagen Group CEO Oliver Blume recently emphasized the critical need for urgent measures to reduce labor costs and…