Chinese Carmakers Intensify Pressure on UK Rivals, Leading to Job Cuts

Chinese car manufacturers are increasing competitive pressure on their UK counterparts, prompting concerns from the auto industry. This intensified competition is reportedly leading to significant job cuts, with BMW planning to cut as many as 8,000 positions.

29 Jul, 12:02 — 29 Jul, 12:02

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The GuardianMostly Factual13h ago

BMW to cut ‘as many as 8,000 jobs’ under pressure from Chinese rivals

Layoffs will come in admin and development divisions in Germany, with production operations unaffected BMW is planning to cut as many as 8,000 jobs in Germany, according to reports, in the latest sign of Europe’s largest carmakers reducing costs under pressure from Chinese rivals. The Munich-headquartered company has started a voluntary redundancy programme agreed with employee representatives, a BMW spokesperson said on Wednesday. Continue reading...

By Jasper Jolly and agencies

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First report: The Guardian · 29 Jul, 12:02|Full coverage: 2 · 11h|Window: 11h

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The Guardian29 Jul, 12:02First to report

BMW to cut ‘as many as 8,000 jobs’ under pressure from Chinese rivals

11h later

channel-news-asia29 Jul, 23:03Latest update

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Chinese Carmakers Intensify Pressure on UK Rivals, Leading to Job Cuts

Sources

BMW to cut ‘as many as 8,000 jobs’ under pressure from Chinese rivals

Coverage Timeline

BMW to cut ‘as many as 8,000 jobs’ under pressure from Chinese rivals

Chinese carmakers piling pressure on UK rivals, auto industry chief says

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