Audi to cut 9500 jobs to fund electric car push

Audi has confirmed it will let go of 9500 workers at its German factories between now and 2025. Under the company's latest plan dubbed Audi.Zukunft, or Audi.Future in English, the cuts are projected to free up around €6 billion ($9.8 billion), which will be used to fund electric vehicle and digital technology development.

Comments

Popular posts from this blog

JLR: Consumer confidence on the rise post-election

Teacher accused of using rented Toyota Supra for land-speed record attempt

Donald Trump’s Lamborghini Diablo sets new auction price record

2024 Toyota Yaris Cross updated in Europe with new tech, more hybrid power

Honda confirms NSX successor in the works

Europe’s vehicle emissions haven’t changed in more than a decade, say officials

New Norweld tray revealed for popular utes

Volvo ‘ES90’ electric sedan due next year

Tesla cars to be banned from Chinese government buildings amid security fears — report

How many cupholders are too many? | Drive Flashback