Volkswagen plans to cancel job guarantees at six German vegetation from June 2025, elevating the risk of redundancies. This transfer is part of a cost-cutting drive to compete with cheaper Asian rivals. The company’s works council has vowed to withstand layoffs and factory closures, calling for early wage negotiations. Prime Minister Narendra Modi emphasised automotive Information India’s potential to become a key player within the global semiconductor supply chain throughout a roundtable with trade leaders. He assured a steady coverage regime and highlighted India’s give consideration to skilling, infrastructure, and investment.
