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...
Aston Martin Reports Quarterly Loss Amid Production Cuts and Falling SUV Sales
British luxury automaker Aston Martin has reported a third-quarter pre-tax loss of £10.3 million ($13.4 million),...
Ford Managers May Face Up to 65% Bonus Cut Amid Performance Push: Report
Ford Motor Company is rolling out a fundamental change in its compensation structure under CEO Jim...
Carvana Shares Jump 20% on Strong Q3 Results, Raises 2024 Profit Forecast
Carvana Co. (CVNA) shares surged by more than 20% in after-hours trading on Wednesday, fueled by...
BMW to Launch First Hydrogen Fuel-Cell Car in 2028, Partnering with Toyota
In a major milestone for green transportation, BMW announced plans to debut its first-ever fuel-cell electric...
Jaguar Ends Gas-Powered Car Sales, Prepares for 2025 EV Debut
As the countdown to 2025 ticks away, Jaguar Land Rover’s (JLR) “Reimagine” strategy is swiftly bringing...
Ford Halts F-150 Lightning Production, Shifts Focus to Hybrids Amid EV Challenges
In a strategic recalibration of its electric vehicle (EV) plans, Ford Motor Co. announced it will...