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Gradual recovery for Faurecia in second half

The French automotive seating and parts manufacturer said that the first half of 2020 was strongly impacted by the global spread of Covid-19, which heavily impacted the automotive industry. In the first quarter of the year, worldwide automotive production fell 22% to 17.2 million vehicles, mostly impacted by China.


Bentley to cut 1,000 jobs in the UK

After Aston Martin, the luxury British marque could cut around 1,000 jobs in the UK, a quarter of its workforce, as it is impacted by declining sales due to the Covid-19 pandemic.