Tag: auto industry

Global Markets

Volkswagen Plans Massive Job Cuts Amid Industry Overhaul

Volkswagen's CEO is reportedly preparing one of the largest workforce reductions in the company's modern history, targeting up to 100,000...

27/06/2026

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Global Companies

Volkswagen Job Cuts: Major Overhaul at Europe’s Auto Giant

Generating the Volkswagen blog articleVolkswagen is reportedly preparing its most dramatic transformation ever with plans to slash 100,000 jobs and...

26/06/2026

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Global Markets

US Lawmakers Demand Overdue Report on Chinese Auto Labor Practices

When bipartisan lawmakers demand answers on Chinese companies operating in American auto plants, it raises serious questions about jobs, fairness,...

03/06/2026

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Market News

Why Millions of Americans Are Giving Up on New Cars

Millions of Americans have quietly walked away from the new car market since 2020, and experts say many won't return...

01/06/2026

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Market News

Stellantis Stock Pressure Mounts as CEO Unveils Turnaround Plan

Stellantis stock has tumbled nearly 30% since the new CEO took charge, but tomorrow's big investor event could change everything....

20/05/2026

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Market News

Detroit Automakers Slash 20000 Jobs as AI Reshapes Industry

Detroit automakers have quietly eliminated more than 20,000 white-collar jobs while talking up AI investments. The numbers are staggering, but...

15/05/2026

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Global Markets

Stellantis Leapmotor Deal: Europe’s Auto Gamble With China

Stellantis is doubling down on its Chinese partnership with Leapmotor, planning European production by 2028. Is this a smart survival...

13/05/2026

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Market News

GM Layoffs Highlight AI Role in Auto Industry Job Shifts

When a short virtual meeting notice lands in your inbox at an odd hour, your stomach drops. Several longtime GM...

12/05/2026

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Global Markets

Toyota Honda Profit Declines Amid Iran Tensions and EV Cost Pressures

As Toyota forecasts a major profit hit and Honda posts its first operating loss in history, the auto giants grapple...

12/05/2026

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Global Companies

GM Lays Off Hundreds of IT Workers in Major Cost Cutting Move

General Motors just cut hundreds of IT roles in a significant move to reduce costs and reshape its technology operations....

11/05/2026

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