UK car sales hit eight-year high in August; Volkswagen approves another 50,000 job cuts – business live
UK car registrations rose to their strongest level since 2015 in August, driven by strong demand for new models and favorable financing, according to industry data. Meanwhile, Volkswagen confirmed a further round of workforce reductions, adding 50,000 planned cuts to its global throughout restructuring plan, citing a shift toward electric vehicles and the cost‑saving measures.