Saturday, December 20th, 2025

German car industry slashing jobs in 2020



BERLIN: Germany’s VDA automobile association said it is slashing more jobs in 2020.

It said on Wednesday that it expected global car sales to fall by 5 percent this year adding that the crisis would force them to cut more jobs in 2020.

VDA President Bernhard Mattes said that utilization is going down and temporary work contracts are not being renewed.

Mattes said that for 2019, the already expect a drop in employment on the year, which he argued will worsen in 2020. (Agencies)

Publish Date : 04 December 2019 20:41 PM

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of

Eight thousand families at risk from cold wave in Kanchanpur

KANCHANPUR: The District Administration Office, Kanchanpur, has stated that a

Myagdi’s Changa emerging as a tourist destination

BENI: Changadhuri of Mangala Rural Municipality–5, Arman, rich in natural

India-Nepal Building Partnerships of Progress

India–Nepal relations reflect a deeply integrated economic partnership rooted in

Minister Kharel calls for open discourse on mental health issues

KATHMANDU: Minister for Communication and Information Technology Jagadish Kharel has