“Cannot Continue”: Volkswagen Hits the Gas on Cost Cuts Amid Tepid EV Demand, Increased Chinese Competition
(DCNF)—Volkswagen (VW) said Wednesday that it needs to cut costs amid slackening consumer demand for electric ...
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Tag: Automotive
Elon Musk Warns “Car Industry Very Difficult” as “Ford and Tesla” Only “US Car Companies That Haven’t Gone Bankrupt”
(Zero Hedge)—Elon Musk appeared at the Greater Philadelphia Expo Center in Montgomery County on Friday night ...
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Trump Vows to Implement New Tax Incentives That Would Boost U.S. Auto-Manufacturing Industry
(Natural News)—Former President Donald Trump has promised a series of new tax incentives that would boost ...
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Stellantis Sues UAW Over Strike Threats, Alleges Contract Violation
(The Epoch Times)—Stellantis, the parent company of Chrysler, has filed a federal lawsuit against the United ...
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Three Reasons for Ford’s Massive Retreat From Electric Vehicles
(AIER)—In August, Ford announced it was spiking its plan to roll out an all-electric three-row SUV, ...
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Volkswagen Considers Shutting Down a German Factory for the First Time in History After Overestimating the EV Market
(DCNF)—Volkswagen (VW) AG is considering shuttering factories in Germany as European car companies struggle to compete ...
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Yet Another Automaker Backs Off Its Big EV Push After Realizing Most Consumers Aren’t Interested
(DCNF)—Swedish automaker Volvo Cars said on Wednesday that it is scrapping its goal of going fully ...
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Toyota Bringing Back Two Legendary Sports Cars and They’re Gas-Powered ONLY
Toyota is turning heads and breaking the mold by bringing back two legendary gasoline-powered sports cars, ...
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Even Corporate Media Is Starting to Realize We’re Just Not That Into Electric Vehicles
It isn't often that corporate media surprises us anymore. Years of propagation of purely fake news ...
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Bidenomics Fail: White House Plans Downshift in Electric Vehicle Transition as Demand Slides
(Zero Hedge)—The Biden administration is reportedly considering easing tailpipe emissions regulations, a move that was designed ...
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