A truck manufactured by Germany’s MAN SE. The company has decided to lay off 1,800 jobs. Germany’s MAN SE has decided to lay off as many as 1,800 jobs in the next two years as part of its cost-cutting policies. The respected truck maker said in a statement that it plans to “realign” some its divisions in Germany, Austria and Poland “avoiding duplication of work … streamlining its indirect... 

Volkswagen Group has displaced Toyota for the first time as the world’s largest car manufacturer in terms of production. The German carmaker produced 4.4 million vehicles in the first nine months of the year, overtaking its Japanese rival by 400,000 units, consulting firm IHS Global Insight said on Wednesday. Volkswagen Group owns a variety of models such as Skoda and Seat and high-end lines...