Workers assemble a Tata Tiago car inside the Tata Motors car plant near Ahmedabad, India, August 7 2018. Picture: REUTERS/Amit Dave
Tata, which had previously flagged a “challenging external environment”, said it closed some blocks at its Pune plant in the western state of Maharashtra. M&M said on Friday its automotive segment, which makes passenger and commercial vehicles and spare parts, would cut production for 8-14 days at various plants during the second quarter.
The slowdown in the sector has triggered massive job cuts, with initial estimates suggesting that vehicle makers, parts manufacturers and dealers have laid off about 350,000 workers since April, a senior industry source told Reuters this week.
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Standard Bank to review decision to close 90 branches - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.MOST READ: Standard Bank to review decision to close 90 branches Standard Bank says they will review the decision to close some of their 90 branches amid a digital revolution that is disrupting the industry. Unemployment and retrenchments will impact S.A economy very badly. You create joblessness and expect people to bank. Oh damn 😳😮
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Five die in Mpumalanga road crashes - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.MOST READ: Five die in Mpumalanga road crashes Three women have been killed on the R40 near Barberton. Preliminary investigations reveal that the two vehicles were travelling in the same direction. There is no sympathy for arrogance and stupidity. My condolences to the family but this won't stop untill motorist honor the Law and respect the traffic rules and other road users. Any vehicle is a death trap with the mental state of most drivers today. The MP in the cars does not stand for Members of Parliament but Mpumalanga. Can they stop behaving like they own the roads. My God
مصدر: SABC News Online - 🏆 32. / 51 اقرأ أكثر »