Read the full story at Nio aims to control cash burn with smaller showrooms, leaner staff on the Reuters website.Please note this was posted automatically by IFTTT.com.
Wednesday 25 September 2019
Internet News: Nio aims to control cash burn with smaller showrooms, leaner staff
China's loss-making Tesla wannabe Nio Inc will expand its sales network with smaller showrooms, slash its workforce and spin off some business units, company executives said on Wednesday, in a move to control massive cash burn amid slowing electric vehicle sales in the world's largest auto market.
Read the full story at Nio aims to control cash burn with smaller showrooms, leaner staff on the Reuters website.
Please note this was posted automatically by IFTTT.com.
Read the full story at Nio aims to control cash burn with smaller showrooms, leaner staff on the Reuters website.Please note this was posted automatically by IFTTT.com.
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