Tag: automaker

General Motors layoffs: Automaker cuts nearly 1,000 jobs worldwide to lower costs | Company Business News

DETROIT (AP) — General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile...

Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell – Times of India-OxBig News Network

TOKYO: Nissan reported Thursday a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, prompting...

Hyundai Motor pips Volkswagen to become worlds 2nd-largest automaker – The Tribune-OxBig News Network

Hyundai Motor Group has outperformed Volkswagen Group to become the world's second-largest automaker in terms of operating profit, industry data showed on Thursday.According to...

Hyundai Motor India’s mega Rs 27,870 crore IPO hits 18% subscriptions on first day – Times of India

The initial public offering of Hyundai Motor India Ltd, the Indian subsidiary of South Korean automaker Hyundai, saw an 18 percent subscription...

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