Tag: auto sector
ZF to lay off 15,000 jobs in 5 years
ZF Friedrichshafen, the German company that manufactures auto components, will be slashing about 15,000 jobs over a period of five years, and most of...
Weak demand pushes Ashok Leyland to 59 no-production days
With the auto sector going through the worst slump ever, Ashok Leyland had recently announced five non-working days in its Ennore plant, in Chennai,...