“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 vehicles (EVs) and weaker ...
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 for his second town ...
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 the U.S. auto-manufacturing industry ...
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 Auto Workers (UAW), accusing ...
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, citing low consumer demand ...
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 with Chinese electric vehicle ...
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 electric by 2030 as ...
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, the MR2 and Celica. ...
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 to force Americans from ...
Your Vehicle Is Already Spying on You, and Now They Are Going to Start Installing ChatGPT in New Volkswagen Models
(End of the American Dream)—Be careful what you say while you are driving your vehicle, because you are being watched. ...