Volvo Cars to cut 5% of jobs at South Carolina plant as tariffs bite
The changes would affect about 125 of the 2,500 employees at its factory in South Carolina Volvo Cars said on Wednesday (May 7) it would make production changes and cut 5% of the…
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The changes would affect about 125 of the 2,500 employees at its factory in South Carolina Volvo Cars said on Wednesday (May 7) it would make production changes and cut 5% of the…
Volvo Cars reported on Monday (May 5) an 11 per cent decrease in April sales to 58,881 cars from a year earlier, sending its shares down. Volvo Cars, which is majority-owned by…
GOP members in the House are recommending a new registration fee for electric and hybrid vehicles as part of a package carrying the bulk of President Trump's legislative agenda. Source link
Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns (S$2.4 billion) on Tuesday (Apr 29) as its operating profit fell heavily amid difficult market conditions…
The Trump administration is loosening rules to help U.S. automakers like Elon Musk’s Tesla develop self-driving cars so they can take on Chinese rivals. U.S. companies developing…
The abrupt closure of Evology Automobile – the dealer/distributor for China automotive brand Neta – earlier this month happened because expected vehicle stock was not delivered, The…
Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20 per cent stake in Hertz Global in a bet on the rental car company’s turnaround plan and that tariffs will boost the…
When Hyundai recently celebrated the grand opening of its new Metaplant in Georgia, a $7 billion-plus factory that will manufacture both electric and hybrid vehicles, many lauded the South…
Last week, a Jeep driver turned to Reddit to do what people do best on the site—complain. Every time they hit the brakes on their Jeep, they wrote, a promotion for an extended warranty…
The American economy runs on what are known as heuristics, a diverse array of mental short-cuts that help consumers make a dizzying number of choices to navigate the wild complexity of…
BYD will enable advanced driver-assistance features in almost all future models at no additional cost to buyers as part of a bid to challenge Tesla and domestic rivals in China’s cutthroat…
President Trump wants Americans to buy fewer European cars and Europeans to buy more American cars. To speed his pipe dream along, on Sunday night he said that new tariffs on EU companies…
Read the full story on The Auto Wire Once again car smuggling being caught by Customs and Border Protection agents at the Port of Baltimore is being profiled. This is a problem we’ve…
ELECTRIC vehicle (EV) maker VinFast said it plans to begin selling two made-in-India cars in the South Asian country later this year, marking the Vietnamese carmaker’s debut in the world’s…
Despite nearly 1,000 cars being set ablaze, hundreds of thousands of people in France welcomed the New Year with largely peaceful celebrations, according to Interior Minister Bruno…
What is happening in South Africa? South Africa’s Road Accident Fund (RAF) has issued a stark warning about a troubling trend: people intentionally jumping in front of slow-moving cars to…
Steep price hikes could be on the way if President-elect Donald Trump follows through on his pledge to impose sweeping new tariffs on imports from Mexico, Canada and China. Trump…
MEMBERS of President-elect Donald Trump’s transition team have told advisers they plan to make a federal framework for fully self-driving vehicles one of the Transportation Department’s…
Read the full story on The Auto Wire We keep seeing cases of tow trucks used to transport stolen cars in plain sight and it’s happened again, this time in Ontario, Canada. Police found…
Japan is turning driving a tow truck into a competitive sport, and the public’s invited to watch. The annual JAF Road Service Competition puts emergency-response workers head-to-head in…
BMW is recalling nearly 700,000 vehicles in China due to coolant pump defects, a fresh setback for the German carmaker that’s reeling from other vehicle faults. BMW will recall 499,539…
TWO decades ago, the US military kicked off the race to build a self-driving car by sending a fleet of fledgling robot vehicles across the Mojave Desert in its seminal Darpa challenge. Ten…
3 min read Last Updated : Oct 11 2024 | 3:39 PM IST The Indian electric vehicle (EV) market is expected to grow "strongly and steadily" through 2030 as many companies turn their focus to…
CHINESE carmaker Chery has started assembling cars in Russia for sale in the country at three factories vacated by Western rivals including Volkswagen and Mercedes, five people familiar…