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Chinese automaker SAIC is planning to lay off thousands of workers at its General Motors and Volkswagen joint ventures, according to Reuters.

China’s SAIC allegedly plans layoffs at GM, VW joint ventures after...

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State-owned Chinese automaker SAIC Motors may be planning to lay off a significant portion of its General Motors and Volkswagen joint-venture staff, in addition...
Nissan & Mitsubishi team up to catch up in the EV market as both automakers plan to produce an electric pickup in Mexico.

Nissan, Mitsubishi partner to produce electric pickup trucks for U.S. market

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Japanese automakers Nissan and Mitsubishi are partnering to catch up to the U.S. market as it shifts towards electric vehicles. The companies have agreed...
Tesla has raised Model Y prices ahead of the release of its quarterly sales report, which is expected to reveal cooling demand.

Tesla hikes Model Y price as Q1 sales report looms

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Tesla has raised prices across its Model Y lineup as the company braces for the release of its quarterly sales report. All Model Y trim...
The 2024 Consumer Choice Awards, signaling a shift in the market and increased competition for EV sales in KBB's recent report

Honda dominates KBB’s 2024 Consumer Choice Awards amid post-pandemic market shifts 

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The car-buying market has struggled for several years due to pandemic-related production issues. However, manufacturers are expected to balance the supply and increase the...
Starting April 1, one third of Dearborn's Rouge EV Plant's workers will remain on-site due to slower F-150 Lightning demand.

Ford cuts back production at Rouge EV factory due to ‘slower-than-expected’...

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Ford has announced that starting April 1, a third of the 2,100 workers who make up three crews at the Dearborn, Michigan, Rouge Electric...
On today's episode of Future of Automotive, we're exploring a great article that summarizes why car insurance keeps getting more expensive. 

High stakes as new EV makers burn cash and seek lifelines

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Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Earlier this week: Nissan plans to boost sales by 1 million units and slash EV costs through its "Arc" strategy by 2027.

Automotive weekly roundup: Nissan targets growth, online sales rise, Hyundai Invests...

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Earlier this week: Nissan plans to boost sales by 1 million units and slash EV costs through its "Arc" strategy by 2027. CarGurus reports...
Fisker is set to cut prices across its 2023 Ocean electric SUV lineup, hoping to spur sales as the threat of bankruptcy looms.

Fisker aggressively cuts Ocean SUV prices, looks to avoid bankruptcy

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Electric vehicle startup Fisker is making aggressive price cuts across its 2023 Ocean SUV lineup as it grapples with an increasingly dire financial situation...
At the New York Auto Show (and online), Hyundai revealed an enhanced 2025 Santa Cruz Sport Adventure Vehicle & Tucson SUV.

Hyundai shows off revamped 2025 Santa Cruz at NY Auto Show

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At the New York International Auto Show, Hyundai revealed an enhanced 2025 Santa Cruz Sport Adventure Vehicle. During the show, Brad Arnold, Hyundai Design North...
New research highlights the differences between what consumers expect from the electric vehicle segment and what the market actually offers.

What electric vehicle buyers want vs. what the market has to...

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New research has identified a disconnect between the expectations of electric vehicle shoppers and the reality of what the market has to offer, underscoring...