Volkswagen thinking about more cost cuts to help cope with the economic impact of the coronavirus, a spokesman for the automaker said on Saturday. The issue was discussed just recently
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British luxury automaker Bentley Motors stated on Friday it prepares to slash up to 1,000 jobs, almost a quarter of its workforce as the sector has been hit hard by
German automaker Volkswagen AG stated on Friday that it had added two members to the executive committee of its supervisory board. The new members include Hans Michel Piech, who is
General Motors’ self-driving technology company Cruise, is attempting to hire engineers from struggling competitor Zoox Inc, according to an email sent to Zoox engineers by the founder of Cruise. The
Volkswagen is restarting deliveries of its Golf 8 model after repairing a software glitch, a spokesman stated on Thursday. The German automaker stopped deliveries of the popular model last month
Ford Motor’s China ventures have reported year-on-year sales increase for May in an indication of how the world’s biggest auto market has continued to recover from coronavirus crisis. The U.S.
Volvo Cars, owned by China’s Geely Holding, stated on Wednesday it sold 40% more cars in May compared to April, as restrictions to control the spread of the COVID-19 coronavirus
General Motors should emerge from the coronavirus pandemic with a permanently decreased cost base after it scrambled to decrease its cash burn to withstand a two-month shutdown in North American
Nissan Motor’s car manufacturing plant located in Sunderland, northern England, which hires 7,000, is “unsustainable” if Britain leaves the European Union without a trade deal, it stated on Wednesday. Ashwani
Several automakers this week reported stronger-than-expected auto sales in May in the United States, and the Detroit automakers said they will work through their annual summer shutdowns to reconstruct inventories
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