Honda Asks Suppliers to Cut Prices by 30% on Certain Components
Honda has asked its suppliers to significantly reduce component costs as the automaker looks to free up money for electrification and software.
Dreame Shuts Down Automotive Business and Winds Down Starry Sky Project
Dreame’s automotive venture is being wound down after just one year, following sweeping layoffs and a rapid retreat from the industry.
Nissan Unveils New Development Strategy as It Looks to Catch Up With Chinese Automakers
Nissan has unveiled a new “family strategy” aimed at cutting vehicle development times and helping the automaker compete more effectively.
BMW Could Dramatically Cut Its Lineup, With Crossovers Also on the Chopping Block
BMW is preparing to significantly reduce its model lineup as financial pressures push the automaker to cut costs.
Porsche Cuts Costs, Eliminating 5,000 More Jobs
Porsche is extending its cost-cutting strategy with another 5,000 job reductions, while committing to keep its German manufacturing sites open.
Land Rover Discovery Sport to Be Discontinued as Production Ends in December
Land Rover is ending production of the Discovery Sport, one of the brand's longest-running and most affordable models.
Volkswagen Employees to Question CEO Oliver Blume Over Restructuring That Could Put 140,000 Jobs at Risk
Volkswagen's works council will hold employee meetings in August where CEO Oliver Blume is expected to address restructuring plans.
Toyota to Shift Tacoma Production to the U.S., Adding 6,000 Jobs in Texas
Toyota is preparing to relocate production of one of its most popular models.
Mercedes-Benz Proposes Longer Workweeks Without Higher Pay, Drawing Pushback From Employees
Mercedes-Benz is weighing longer workweeks without additional pay, prompting strong opposition from unions and thousands of employees.
GM to Invest $150 Million in a New Gas-Powered Cadillac
General Motors is investing in a new Cadillac with a gasoline engine, signaling continued confidence in internal combustion vehicles.
3,900 Jobs on the Line: Porsche Prepares New Cost Cuts and Plans to Reduce Production
Porsche is preparing additional cost-cutting measures as it braces for lower production volumes ahead.
President Trump Says GM and Ford Could Turn Factory Capacity Toward Missile Production
President Donald Trump says GM and Ford may help expand U.S. missile manufacturing capacity.
Land Rover Could Begin Building SUVs in the U.S.
The Defender could become the first Land Rover assembled in America, with Stellantis expected to play a key role.
Nissan Speeds Up Development as New Models Will Arrive Nearly Twice as Fast
Nissan plans to cut vehicle development time to 30 months with help from AI.
Why Automakers Switched to Aluminum Engines Even Though Cast-Iron Ones Last Longer
If cast-iron engines are more durable, why did the industry move to aluminum in the first place?