PSA Group urges for 3,7K staff cuts in Germany by 2020

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Source: Dukascopy Bank SA
PSA Group demanded 3,7K job cuts in Germany by 2020, after it had already removed around 2K job positions due to the buyout process, the Work Council Chief for Opel stated on Friday.
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Fri, 20 Apr 2018 13:31:02 GMT

Daimler calls off nearly 25 K Mercedes-Benz vehicles in Russia

On Friday, the Russian standard agency stated the German automaker Daimler was recalling 24,763 Mercedes-Benz vehicle sold in the time period of 2014-2017.

Fri, 20 Apr 2018 12:01:47 GMT

GE posts better-than-expected Q1 adjusted profit

General Electric reported its Q1 profit more than tripled to $369M, compared to the prior year's $122M reading, sending the company's shares up 5% to $14.69 on Friday.

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