Thursday, August 29, 2019

Auto companies in India cut more jobs, halt production to tackle slowdown

Auto companies in India cut more jobs, halt production to tackle slowdown Japanese carmaker Toyota Motor and South Korea#39;s Hyundai Motor are the latest in a string of companies to briefly halt some parts of production at plants to combat slumping sales, according to company memos to employees, reviewed by Reuters.

from Moneycontrol Business News https://ift.tt/2HB0w49

No comments:

Post a Comment

FIIs ease bearish bets post-Budget, but charts warn of range-bound Nifty: Anand James

Foreign investors are reducing their negative bets on the market after the Budget. However, the market's overall sentiment remains delic...