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• Ford plans to cut one in nine jobs in Europe, axing 3,800 roles in product development and administration as part of a drive to lower costs in the region. The US carmaker said, "We are moving into a world with less global platforms where less engineering work is necessary. This is why we have to make the adjustments." via Bloomberg

15 Şub 2023

• Volkswagen shares came near breakeven on Monday, reflecting the mixed response from investors to the company’s plans for the public offering of Porsche AG. The listing of the sports car brand will be Europe’s third biggest public offering with a €70-75 billion valuation. The IPO has attracted cornerstone investors although Volkswagen is offering only 12.5% of Porsche AG's capital and no voting rights.

20 Eyl 2022