Browsing: car manufacturing
Stellantis NV Chief Executive Officer Carlos Tavares, known for his cost-cutting drive, stepped down from the automaker following a dispute…
Wells Fargo: Trump tariffs would add $2.1K to the price of cars made by U.S. automakers—and could cost Ford, Stellantis, and GM billions in profit
President-elect Donald Trump recently announced a new sweeping tariffs proposition he says will take effect on his first day in…
Bosch, one of Germany’s biggest employers, cuts working hours for 10,000 extra staff following expanded layoffs
Robert Bosch, the struggling German industrial giant undertaking a massive overhaul of its workforce, has doubled down on cost-saving efforts…
German giant Bosch becomes latest firm to give employees unwanted 4 day week as economy falters
German car supplying giant Robert Bosch has become the latest company in the country to feel the strain of Germany’s…
General Motors Co. hinted that it’s developing a lower-cost electric pickup truck that could boast a 350-mile range. The Detroit-based…
General Motors was forced to temporarily stop vehicle production at two key U.S. factories as suppliers faced delays from Hurricane…
Volkswagen AG cut its guidance for a second time this year, warning that waning demand will undercut the German carmaker’s…
The automotive industry and public sector continue to invest in electric vehicles (EVs), redefining the future of personal transportation. As…
Auto giant starts looking for a new boss with over a year left on the current CEO’s contract
Struggling Jeep and Ram maker Stellantis is looking for a CEO to succeed Carlos Tavares, but the company says it’s…
Volkswagen, Germany’s largest private employer, could cut over 15,000 jobs with plant closures—and there’s no plan B, Jefferies says
Volkswagen has been in trouble, as have its employees. The carmaker is Germany’s crown jewel—the country’s largest company and most…