BMW, like may of its rivals, is cutting back on production and jobs after the coronavirus pandemic caused a catastropic drop in sales

BMW will slash 6,000 jobs this year and freeze a major self-driving technology collaboration with rival Mercedes-Benz as the German luxury carmaker sees demand plunging because of the coronavirus pandemic.

“Further steps are needed to make the BMW Group more resilient to external influences and ,” bosses said in a statement, adding that the company aims “to achieve planned workforce reductions through attrition and voluntary agreements”.

The 6,000 positions make up a

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