Biden's labor secretary touts auto union's win in the South: 'That choice belongs to the workers'

fortune.com Workers at auto plants in the South should be free to unionize without pressure from employers or anti-union governors, acting U.S. Labor Secretary Julie Su said Thursday,…

XPeng Fears Tariff Hike In Europe, Reportedly Considers Investing Abroad

benzinga.com Chinese electric vehicle (EV) manufacturer XPeng Inc XPEV is reportedly considering overseas production amid an ongoing European investigation into Chinese-made EVs and…

U.S. labor secretary says UAW win at Tennessee Volkswagen plant shows southern workers back unions

apnews.com Workers at auto plants in the South should be free to unionize without pressure from employers or anti-union governors, acting U.S. Labor Secretary Julie Su said Thursday,…

Volkswagen revamps its approach in China in bid to overtake upstart EV makers

apnews.com As auto giant Volkswagen AG races to catch up with upstart Chinese competitors, it has drivers like 26-year-old Ren Yiling in mind. She is young and wants to play video…

Automotive Seating Maker Adient To Slash Jobs In Europe

benzinga.com Adient PLC ADNT has put forward restructuring plans in Europe to reduce operating, administrative and engineering costs. The plan primarily consists of workforce reductions…

After being surpassed by BYD, Volkswagen meets with doubtful investors to persuade them of turnaround plan

fortune.com Volkswagen AG faces an uphill battle to convince investors it can turn around its business in China. After being leapfrogged by China’s BYD Co. as the nation’s top carmaker,…

Volkswagen To Gain A Competitive EV Advantage With A New Architecture It Developed With XPeng

finance.yahoo.com On Wednesday, Volkswagen AG (OTC: VWAGY) revealed that together with its Chinese EV partner, XPeng Inc (NYSE: XPEV), they have developed a new architecture for EVs. The EV…

Stellantis CEO Carlos Tavares’ almost 60% jump in pay to $39m slammed by investors 2 years after previous compensation plan rejected

fortune.com Stellantis NV Chief Executive Officer Carlos Tavares’ jump in 2023 remuneration is getting pushback as the Jeep maker pursues deep job cuts and tough savings goals in the EV…

Tesla to slash over 10% of workforce as world's most famous EV maker struggles with slowing demand

financialpost.com Tesla Inc. will slash global headcount by more than 10 per cent, Elon Musk wrote in an email to staff, as the carmaker grapples with a slowdown in electric vehicle demand.…

Tesla to cut over 10% of workforce in global retrenchment

siliconvalley.com By Ed Ludlow and Dana Hull | Bloomberg Tesla Inc. is slashing headcount by more than 10%, part of a global retrenchment extending all the way into its executive ranks as the…

Tesla To Slash Global Headcount By More Than 10%, Electrek Reports

zerohedge.com Tesla To Slash Global Headcount By More Than 10%, Electrek Reports Shares of Tesla Motors are muted in the early premarket trading hours in New York after a report from the…

Tesla reportedly plans to cut over 10% of its global workforce—some 14,000 employees

fortune.com Tesla Inc. will reduce global headcount by more than 10%, Electrek reported, as the carmaker grapples with a slowdown in electric vehicle demand. Elon Musk cited…

Elon Musk's India Visit, Tesla's FSD Subscription Price Slashed By 50%, Nikola Plunges Amid Proxy Filing And More: Biggest EV Stories Of The Week

benzinga.com Electric vehicle stocks had a mixed week as they reacted to a hotter-than-expected March inflation reading and the prospect of the interest-rate environment remaining…