Nissan to trim 12.5K jobs amid crisis

Source: Dukascopy Bank SA
Nissan Motor has revealed its biggest plan on restructuring in a decade, cutting 12.5K job positions globally and flagging potential plant shutdowns to control its costs that increased during Carlos Ghosn being a CEO.
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Thu, 25 Jul 2019 15:46:54 GMT

CAAM to trim 2019 sales estimates to 5% fall

China's largest car industry association reduced this year's sales estimates to a 5% drop YOY to 26.68M cars amid slowing economic growth, expecting sales to drop for another year running, CAAM stated on Thursday.

Thu, 25 Jul 2019 14:04:10 GMT

Trump calls on House Republicans to support US spending deal

On Thursday, the US President Donald Trump called on the Republicans in the House of Representatives to vote for the US government spending plan, which consisted of a two-year deal aimed to expand the borrowing authority of the nation and fund the country's federal government.

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