HAMBURG, Germany/ HONG KONG -- Great Wall Motor is closing its European headquarters in Munich on Aug. 1 and laying off all 100 employees, including the management team, after disappointing electric vehicle sales in the continent's biggest auto market, Nikkei Asia has learned.
Automobiles
China's Great Wall Motor shuts Europe headquarters, fires all staff: sources
Carmaker becomes latest Chinese outfit to cut European plans after poor German sales
An Ora 03 exhibited in London in March. Great Wall Motor had pinned hopes on selling the electric car in Europe but a German trade magazine gave it a poor review. © Reuters
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