Mercedes to lay off 1,500 at Brazil truck plant


* Brazil auto inventories at three-year high in April * Layoffs could last up to five months, union says * Workers to receive grant, top-ups equal to salary RIO DE JANEIRO, May 30 (Reuters) - The Mercedes-Benz unit of German automotive group Daimler AG will lay off 1,500 workers at a Brazilian truck factory for up to five months because of declining production, according to the union representing workers at the plant. In April, the unsold inventory of Brazil's automobile industry reached ...

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