Ford, General Motors to cut Spain staff

Ford and General Motors are both set to cut jobs at their plants in Spain, where demand for cars has plummeted in a slowing economy. Ford will cut 1,300 workers out of 7,000 at its Almussafes plants in the Valencia region and General Motors will cut 600 at its Figueruelas plant in Zaragoza. Spanish new car sales tumbled by 41 percent in August compared to the same month last year as the slowdown bit, according to industry data. Separately, Volkswagen will cut production.