Tag: auto industry

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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Global Markets

Trump Escalates EU Car Tariffs to 25% Over Trade Deal Breaches

President Trump just announced a major tariff hike on EU cars and trucks to 25%, accusing the bloc of violating...

06/05/2026

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Altcoins

GM, Ford and Stellantis Q1 2026 Earnings: What Investors Need to Know

As America's biggest automakers gear up to report Q1 2026 results, one stands out as steady while the others face...

27/04/2026

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Global Companies

Honda’s Massive Loss Signals EV Strategy Troubles

Honda is staring at a staggering $15.7 billion loss – its first in nearly 70 years. What went wrong with...

24/03/2026

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Altcoins

EU Auto Demand Slumps Amid Iran Conflict Energy Shock

European car buyers are rethinking big purchases as fuel prices soar from the Iran conflict. Industry executives report sinking sentiment—could...

14/03/2026

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Market News

Automakers Hit Hardest by Iran Conflict and Oil Surge

As the Iran conflict disrupts the Strait of Hormuz, oil prices climb and shipping halts—hitting Toyota, Hyundai, and Chinese automakers...

06/03/2026

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