News analysis: European carmakers cut jobs amid EV transition, rising competition

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LONDON, March 10 (Xinhua) — A wave of layoffs announced by major European carmakers is highlighting mounting pressures on the region’s automotive industry, as weakening external demand, intensifying global competition and the costly transition to electric vehicles (EVs) force manufacturers to restructure. Read full story

Date: 11 March, 2026 7:00 am
Source: thestar.com.my

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