Jaguar Land Rover (JLR) plans to cut about 4,000 jobs over the next two years. This…
Tag: automotive
US Auto Industry Calls for Ban on Chinese Vehicles
A coalition of major U.S. automakers is calling on Congress to ban Chinese-made vehicles permanently. In…
Volkswagen Faces Job Cuts Amid Critical Business Challenges
Volkswagen is considering major job cuts as it faces serious challenges in the automotive market. CEO…
Ford Halts SUV Imports from China Amid Reshoring Efforts
Ford Motor Company announced on Wednesday that it will cease importing the Lincoln Nautilus SUV from…
Carmakers delay UK factory investments amid EV mandate
Carmakers are postponing investment decisions for UK factories until the government relaxes electric vehicle (EV) sales…
Volkswagen Reports 10% Profit Drop, Plans Up to 100,000 Cuts
Volkswagen reported a nearly 10% drop in operating profit for the second quarter, prompting plans to…
Chinese Auto Brands Surpass Japanese in Western Europe Sales
Chinese sedan and SUV brands outperformed Japanese brands in Western Europe during the second quarter, marking…
General Motors Raises Profit Outlook Amid Strong Demand
General Motors (NYSE: GM) raised its full-year earnings outlook on Tuesday, citing resilient consumer demand for…
India invites applications for car import quotas under pact
India has invited applications for the allocation of car import quotas as part of the trade…
Blackstone to invest $675 million in South Korean Futronic
Blackstone has agreed to invest approximately $675 million in Futronic, a South Korean supplier of high-precision…