TSLA307.0808.75999%
GM87.650-1.75%
F14.830-0.45%
RIVN16.4200.09%
CYD47.1702.05%
HMC30.570-0.11%
TM191.880-0.955%
CVNA59.030-7.29%
PAG220.050-3.39%
LAD396.170-31.31%
AN216.860-13.12%
GPI319.320-38.65%
ABG235.600-12.66%
SAH101.990-10.67%
TSLA307.0808.75999%
GM87.650-1.75%
F14.830-0.45%
RIVN16.4200.09%
CYD47.1702.05%
HMC30.570-0.11%
TM191.880-0.955%
CVNA59.030-7.29%
PAG220.050-3.39%
LAD396.170-31.31%
AN216.860-13.12%
GPI319.320-38.65%
ABG235.600-12.66%
SAH101.990-10.67%
TSLA307.0808.75999%
GM87.650-1.75%
F14.830-0.45%
RIVN16.4200.09%
CYD47.1702.05%
HMC30.570-0.11%
TM191.880-0.955%
CVNA59.030-7.29%
PAG220.050-3.39%
LAD396.170-31.31%
AN216.860-13.12%
GPI319.320-38.65%
ABG235.600-12.66%
SAH101.990-10.67%


job cuts

BMW to slash 8,000 jobs in Germany as China sales slump

BMW to slash 8,000 jobs as China sales slump weighs on outlook

- July 29, 2026
On the Dash: BMW plans to cut about 8,000 jobs globally, mostly in Germany, through a voluntary severance program that spares production roles.  The cuts follow June's profit warning...
Industry News Articles
Hyundai union votes to authorize strike as wage talks stall

Hyundai union votes to authorize strike as wage talks stall

- June 24, 2026
On the Dash: Hyundai's union voted overwhelmingly to authorize a strike, though the union must still decide whether to actually walk out. Workers are demanding a $108 monthly base pay...
EVs & Technology Articles
The Detroit Three cuts 20,000 salaried jobs, AI threatens to eliminate thousands more

Detroit Three cuts 20,000 salaried jobs, AI threatens to eliminate thousands more

- May 15, 2026
On the Dash: The Detroit Three have cut more than 20,000 salaried jobs from recent employment peaks. AI is now accelerating workforce reductions that began years before the technology emerged. ...
Industry News Articles
Nissan cuts hundreds of jobs as restructuring plan moves ahead

Nissan cuts hundreds of jobs as restructuring plan moves ahead

- May 6, 2026
On the Dash: Nissan is cutting 900 jobs in Europe as part of a global turnaround plan. The company plans to eliminate 20,000 jobs worldwide by March 2028. U.S. dealers...
Global Industry News Articles
Ford

Ford announces layoffs as part of its shift to EVs

- August 24, 2022
Ford has begun notifying certain salaried and agency workers of layoffs this week, according to an internal email sent to its employees. Ford has been signaling for weeks they would layoff...
Headlines Articles

Tesla CEO Elon Musk shares more details about job cuts amid lawsuit from former employees

- June 22, 2022
After former Tesla workers filed a lawsuit claiming the EV maker violated U.S. labor regulations, Elon Musk has made some clarifications as to how many Tesla employees may lose their...
Articles Headlines
Tesla

Tesla cuts 10% of workforce and cancels hiring events

- June 16, 2022
The global economy and steadily rising inflation are proving to be harmful to everyone, including the CEO of Tesla, Elon Musk. In fact, this CEO was almost certain the economy...
Headlines Articles
retail sales

CBT Automotive Newscast: August 17, 2020

- August 17, 2020
Today's Featured Interview: CBT News Market Update: Zo Rahim, Cox Automotive & Jonas Moskowitz, LotLinx On this week's episode of the CBT News Market Update, new car sales came out to a...
Daily Newscast Headlines
Uber

Uber Slashes Jobs Yet Again: What it Means

- May 21, 2020
Just like most businesses, Uber has taken a huge hit in the midst of the novel coronavirus. The rideshare giant has announced it will be cutting 3,000 more employees after...
Daily Automotive News Auto News
Tesla

Tesla’s Latest Move: Cutting 7% of Its Workforce

- January 22, 2019
Elon Musk and Tesla are making headlines yet again with Musk recently sending a letter to employees notifying them that their jobs might be in jeopardy. Ryan Browne of CNBC...
Daily Automotive News Auto News

Latest Articles

Fed holds interest rates steady as high borrowing costs continue to squeeze car buyers
Latest Articles 07/30/26

Fed holds interest rates steady as high borrowing costs continue to squeeze car buyers

Group 1 fuels Atlanta expansion with Hennessy acquisition
Latest Articles 07/30/26

Group 1 fuels Atlanta expansion with Hennessy acquisition

Stellantis profit misses estimates as Chinese competition weighs on Europe
Latest Articles 07/30/26

Stellantis profit misses estimates as Chinese competition weighs on Europe

Carvana posts record Q2 sales as used-car demand continues to outpace new vehicles
Latest Articles 07/30/26

Carvana posts record Q2 sales as used-car demand continues to outpace new vehicles

Kia to invest $649 million in Mexico to build EV3 production line
Latest Articles 07/30/26

Kia to invest $649 million in Mexico to build EV3 production line

DriveCentric CEO on the biggest technology mistake dealerships still make
Latest Articles 07/30/26

DriveCentric CEO on the biggest technology mistake dealerships still make

Lotlinx survey finds only 9% of dealers catch early inventory risks
Latest Articles 07/30/26

Lotlinx survey finds only 9% of dealers catch early inventory risks

Ford raises profit outlook, U.S. bans new Chinese robots, BMW slashes thousands of jobs
Latest Articles 07/29/26

Ford raises profit outlook, U.S. bans new Chinese robots, BMW slashes 8,000 jobs

The auto industry's quiet power grab – nobody's connecting these dots
Latest Articles 07/29/26

The auto industry’s quiet power grab – nobody’s connecting these dots

Ford raises 2026 profit outlook despite tariffs, EV charges and production disruptions
Latest Articles 07/29/26

Ford raises 2026 profit outlook despite tariffs, EV charges and production disruptions


CBT News
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