Porsche eyes deeper cost cuts amid China slowdown, tariffs
Porsche AG plans to pursue additional cost-cutting measures in response to falling sales in China and rising U.S. tariffs. CEO Oliver Blume told employees in a memo, which was reviewed...
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
Articles
JLR hit by falling sales, tariffs, and job cuts amid EV delays
Jaguar Land Rover (JLR) is facing a turbulent period as the automaker grapples with steep U.S. tariffs, declining sales, and delays in the launch of its electric vehicles. In the...
Kia America donates $100,000 to the American Red Cross for those impacted by the recent flooding in Texas
IRVINE, Calif., CA – July 14, 2025 – Kia America, in partnership with Central Texas Kia Dealers, today announced a $100,000 donation to the American Red Cross as it provides ongoing...
Commerce Department hikes tariffs on Chinese graphite to 160%
The U.S. Commerce Department has issued preliminary anti-dumping duties of 93.5% on Chinese graphite imports, which, when combined with existing levies, increases the effective tariff to 160%. Graphite, a critical...
GMC expands Acadia lineup with luxury Denali Ultimate trim
The 2026 GMC Acadia will now be offered in the ultra-premium Denali Ultimate trim. The vehicle will feature an exterior Vade Chrome grill, LED daytime running lights, exclusive badging, and...
Rivian to open East Coast headquarters in Atlanta near new EV plant
Rivian is continuing its strategic expansion with a new East Coast headquarters set to open in Atlanta by late 2025. Announced alongside Georgia Gov. Brian Kemp and Atlanta Mayor Andre...
Wholesale used-vehicle prices fall slightly in early July
Wholesale used-vehicle prices declined 0.7% in the first half of July on a seasonally adjusted basis, according to Cox Automotive’s mid-month Manheim Used Vehicle Value Index (MUVVI), which now stands...
Uber partners with Lucid to launch 20,000 robotaxis in six years
Uber announced a partnership to launch more than 20,000 robotaxis over the next six years in collaboration with EV startup Lucid and autonomous vehicle startup Nuro. As part of the...
Duncan Minto to lead Renault as interim CEO amid Luca de Meo’s departure
Renault Group announced on Thursday that it has appointed its Chief Financial Officer, Duncan Minto, as interim CEO to lead the company. The decision follows the official departure of former...
Volkswagen Group of America and its dealers support more than 164,000 American jobs and contribute nearly $44 billion to the U.S. economy, study finds
Jul 10, 2025
Manufacturing and research and development jobs increased strongly since the last study in 2019 with a 30% increase in manufacturing and a 16% increase in R&D
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