Business
Jaguar Land Rover offers voluntary redundancies to cut 4,000 jobs
The luxury carmaker is opening a voluntary redundancy programme for management and salaried staff to lower its break-even production point to 300,000 vehicles.
Topic
Automotive Industry
World
Volkswagen board approves cutting 50,000 jobs and ending production at 4 plants
The plan aims to eliminate excess production capacity of 500,000 vehicles across Europe and reduce the model portfolio by approximately 50%.
Business
Volkswagen to cut 50,000 jobs in historic restructuring by 2030
The 'Future Plan 2030' targets a 9% operating margin by reducing offering complexity and potentially withdrawing the Seat brand by 2029.
Business
Dhoot Transmission shares debut at 38% premium over IPO price
The automotive wiring harness manufacturer listed at ₹1,200 on the NSE, supported by strong institutional demand and a strategic focus on electric vehicles.