Ford Agrees to Extended Warranty After NHTSA Investigation Into Faulty EcoBoost Engine Valves
After a comprehensive two-year investigation by the National Highway Traffic Safety Administration (NHTSA) into Ford’s EcoBoost...
Mitsubishi Repurchase Large Percentage of Shares from Nissan
In a strategic move announced on Thursday, November 7, Mitsubishi Motors Corporation unveiled its plan to...
Audi Launches New EV Brand in China, Drops Iconic Four-Ring Logo
Audi has officially launched a new electric vehicle (EV) brand in China, which will introduce vehicles...
Stellantis to Lay Off 1,100 Workers at Toledo Plant in 2025 Restructuring
In a move reflecting significant adjustments within the auto industry, Stellantis has announced it will indefinitely...
Hertz Apologizes for $10,000 Charge on “Unlimited” Mileage Rental
Hertz recently faced backlash after a dispute with a customer who rented an electric car on...
Audi Plans to Cut around 6000 Jobs Amid Profit Drop and Restructuring
German automaker Audi, a subsidiary of Volkswagen Group, is reportedly set to make substantial cuts to...
Nissan to Cut 9,000 Jobs as Sales Decline and Costs Rise
Nissan Motor Co. (7201.T), Japan’s third-largest automaker, has announced plans to cut approximately 9,000 jobs and...
Lamborghini’s SUV Success Story: The Urus Continues to Drive Record-Breaking Sales
The Lamborghini Urus, a high-performance SUV, often finds itself in the middle of a debate among...
Nissan Announces 9,000 Job Cuts Amidst Struggles in China and the U.S.
Nissan Motor, Japan’s third-largest automaker, has announced a significant restructuring plan aimed at addressing severe financial...
Toyota Faces First Profit Drop in Two Years Amid Cooling Demand for Electric Vehicles
Toyota Motor Corp (7203.T) is expected to report its first profit decline in two years when...