EV shift puts auto parts MSMEs under pressure
India Business News: CHENNAI: India's shift towards electric mobility and tech-intensive vehicles is exposing a capability gap among auto component manufacturers, particul.
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6 results for"auto component manufacturers"
Auto companies call for ban on Chinese-made cars
A group representing American automakers sent a letter Thursday to congressional leaders asking for a “permanent ban” on Chinese-made cars in the U.S. The letter, written by Alliance for Automotive Innovation President John Bozzella, described China’s manufacturing industry as “rooted in a well-documented pattern of unfair trade, subsidies, intellectual property theft and surveillance.” Bozzella addressed…
Govt eyes auto cos-led model to fix EV charging on highways
India Business News: NEW DELHI: Govt wants automakers to take greater responsibility for fixing gaps in India's electric vehicle EV charging network. Speaking at Siam's an.
Volkswagen to slash half its vehicle lineup and 50,000 jobs in cost-cutting effort
Volkswagen Group announced late Thursday that it plans to eliminate 50,000 jobs and cut half of its vehicle offerings. The German automaker is struggling with headwinds from increasing Chinese competition in Europe and tariff costs on its shipments to the US market.
Tesla isn’t livestreaming its Cybercab event.
Right now, Tesla is holding a private event with a bunch of pro-Tesla influencers to celebrate the “launch” of its autonomous Cybercab vehicle. But in a break from the past, the company is not livestreaming the event. Several influencers posted on X that the company made them sign NDAs and barred them from posting any content until the event is over. Not really the sign of confidence a lot of investors were looking for!
Volkswagen plans 50,000 more job cuts amid biggest overhaul in its history
Volkswagen, the world's second-largest automaker, is trying to get more nimble. It's planning huge job cuts as Chinese automakers step up competition.