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EV Write-Offs Rise, Yet One Auto Giant Is Doubling Down
A few years back, electric vehicles (EV) were one of the hottest themes in investing. Tesla’s success paved the way for many EV pure plays to go public, while legacy automakers committed billions of ...
With rising labor and product costs as well as a customer base that is watching their spending more carefully, economic ...
The company says it plans to permanently close three facilities.
Auto parts giant First Brands Group is cutting hundreds of jobs as part of its ongoing financial distress, including ...
The motor industry is mourning the sudden loss of Michael Buxton, one of its most respected business leaders. Buxton, who ...
Toyota has stepped in to shoot down an online claim that the Japanese auto giant is moving its Alabama manufacturing plant to ...
VinFast remains somewhat of an enigma despite being in the industry for quite some time now. The Vietnamese EV carmaker ...
ABP News on MSN
Volkswagen To Cut 50,000 Jobs By 2030: What’s Driving The German Auto Giant’s Massive Layoffs?
Volkswagen, Europe’s largest carmaker, has reportedly announced plans to cut around 50,000 jobs in Germany by 2030 as it ...
First Brands Group notified the Texas Workforce Commission that it's shutting down three facilities in Brownsville this spring.
Chinese EV giant BYD is exploring joining the F1 grid as a 12th team under 2026 regulations.
ET Now on MSN
Maruti Suzuki gets Rs 5786 cr income tax order; auto giant to challenge before dispute resolution panel - details
Maruti Suzuki income tax notice: Maruti Suzuki said in its regulatory filing that it will file objections within the ...
Auto giant Stellantis on Thursday posted its first-ever annual loss as it implements a major strategic turnaround. The Jeep maker said the firm's full-year results "reflect the cost of over-estimating ...
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