November 2024 has been a challenging month for employees across industries as a wave of significant layoffs swept through ...
Carmakers in the U.S. and Europe could lose up to 17 percent of their combined annual core profits in a worst-case scenario ...
Since 1964, the chicken tax has curbed foreign light-duty vehicle imports, and even 60 years later, it still stifles ...
Big changes to the global EV market are taking a toll on car companies like Ford and GM.
Automakers from Detroit to Japan and Germany are attempting to lower costs and reduce expenses amid economic concerns, ...
As Germans prepare for a snap election after the collapse of a fragile government coalition, one issue at the top of voters’ minds will be how ...
"The global auto industry is undergoing significant disruption as it transitions to electrified mobility," Ford said in a ...
The country is facing a second year of zero growth, with industry leaders gloomy and worried about potential tariffs from ...
"The transformation is particularly intense in Europe where automakers face significant competitive and economic headwinds ...
Ford Motor Co. said that the EU's "CO2 regulations" contributed to the decision to cut their European workforce 14% by 2027.
Ford Motor Co. on Wednesday said it's reassigning about 400 workers to other southeast Michigan plants for reduced production ...
Automaker says most reductions will be in Germany and the UK, citing slowing electric vehicle sales and growing market ...