Volkswagen has said that the temporary emergency furloughs for its production and maintenance workforce are expected to last no more than four weeks. VW says the primary objective is to protect the financial health of the company. By Reuters | Updated: 11 minutes ago View Photos The automaker said its “primary objective is to protect […]
The electric car maker is planning to cut salaries of its executives by up to 30 per cent apart from sending employees on a furlough. By Shams Raza Naqvi | Updated: 2 minutes ago View Photos Coronavirus pandemic has forced Tesla to shut most of its global operations...
A spokesman for Honda, which employs about 18,400 workers at plants in Alabama, Indiana and Ohio, said the Japanese automaker would guarantee salaries through Sunday, having suspended operations on March 23. By Reuters | Updated: 36 minutes ago View Photos Operations...
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