Hyundai Motor Group's EV exports to the United States fell sharply this year as the automaker ramped up local production in the United States while struggling with weak demand. With U.S. EV tax ...
General Motors Co. said Tuesday it has sunk roughly $1.6 billion into electric vehicle manufacturing capacity it’s no longer using because of shifting federal auto policies under President Donald ...
General Motors (GM) said Wednesday it is laying off 1,750 workers indefinitely in the coming months and temporarily cutting 1,670 others as it scales back electric vehicle production. The ...
To drop to one shift from two at Detroit EV plant in January GM's latest EV cuts come amid slowing demand UAW blasts GM decision to cut workers DETROIT, Oct 29 (Reuters) - General Motors (GM.N), opens ...
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General Motors supplier slashes 143 jobs as Factory Zero hits the brakes on EV production
Oakland County automotive supplier Avancez plans to terminate 143 workers due to production cuts at General Motors’ all-electric Factory Zero in Detroit-Hamtramck. In a WARN notice filed Nov. 7, the ...
Honda Motor (NYSE:HMC) is pulling the plug on the Acura ZDX electric crossover, citing sluggish demand for EVs and to “better align” the company’s product portfolio with market conditions. According ...
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