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Volkswagen to cut 30,000 jobs

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Volkswagen to cut 30,000 jobsBerlin :  German auto giant Volkswagen announced on Friday that it was cutting 30,000 jobs as it tried to boost profits in the wake of a huge emissions scandal.

The automaker said the cuts were needed to reduce costs as it works to overhaul its plants in Germany, CNN reported.

The vast majority of the job cuts — 23,000 — will come in its home market.

The company said reductions in Germany was agreed with union leaders and will be achieved by voluntary redundancies, closing positions as they become vacant and early retirement.

Volkswagen employs more than 610,000 workers worldwide.

The automaker is facing tens of billions in fines and compensation payments after it was found to be cheating on emissions tests.

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Improved version of Hyundai Creta launched in Indian market: Check it out here

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Hyundai India launched the much-awaited Creta Knight Edition in the country at a starting price of Rs 13.51 lakh (ex-showroom, all-India). This new variant is available in both petrol and diesel engine options and can be had either with a manual or an automatic transmission unit. To read more about the Creta Knight Edition, click here. In addition to this, the company has also introduced a model-year update for the Hyundai Creta with new feature additions.

The 2022 Hyundai Creta is now available in a new Denim Blue colour option and the Highline TPMS is now standard across all variants. The SX (O) trim now also gets a glossy black centre console. Furthermore, the company will offer the iMT option on the 1.5-litre petrol ‘S’ variant to further expand choices for the customers. The new S+ variant powered by a 1.4-litre T-GDi petrol engine with 7DCT now gets an additional set of features, such as –

– Smart panoramic sunroof

– 16-inch black alloy wheels

– Smartphone wireless charger

– Rear Disc Brakes

– Electronic Stability Control (ESC)

– Vehicle Stability Management (VSM)

– Hill start assist control (HAC)

– Paddle shifters

– Metal pedals

– Electric and auto-folding ORVMs

– Power window auto up/down

Mechanically, the SUV continues to be powered by the existing petrol and diesel engine options.

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