Volkswagen AG says it will eliminate about 4,000 jobs at its Brazilian plants due to decreased auto demand in Brazil and certain export markets. VW is cutting 3,933 jobs –16% of its Brazilian work force – at its Taubate and Anchieta plants. The auto maker says it will try to place the majority of the displaced workers at other VW plants or in new jobs. Although VW says it plans to develop a new range of cars, pickups and other light trucks for the Brazilian market over a 4-year period, ...
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