TSLA298.320-9.12%
GM89.400-0.9%
F15.2800.32%
RIVN16.330-0.36%
CYD45.120-1.31%
HMC30.6800.4%
TM192.8406.54%
CVNA66.3300.26%
PAG223.4403.43%
LAD427.48069.17%
AN229.9809.65%
GPI357.9707.32%
ABG248.2607.27%
SAH112.6607.97%
TSLA298.320-9.12%
GM89.400-0.9%
F15.2800.32%
RIVN16.330-0.36%
CYD45.120-1.31%
HMC30.6800.4%
TM192.8406.54%
CVNA66.3300.26%
PAG223.4403.43%
LAD427.48069.17%
AN229.9809.65%
GPI357.9707.32%
ABG248.2607.27%
SAH112.6607.97%
TSLA298.320-9.12%
GM89.400-0.9%
F15.2800.32%
RIVN16.330-0.36%
CYD45.120-1.31%
HMC30.6800.4%
TM192.8406.54%
CVNA66.3300.26%
PAG223.4403.43%
LAD427.48069.17%
AN229.9809.65%
GPI357.9707.32%
ABG248.2607.27%
SAH112.6607.97%


layoffs

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
Porsche to cut 5,000 more jobs by 2035

Porsche to cut 5,000 more jobs by 2035

- July 28, 2026
On the Dash: Porsche will cut 5,000 more jobs by 2035 under a new labor agreement with unions Company will invest 2.1 billion euros in Zuffenhausen and Weissach sites through...
Industry News Articles
EV maker Lucid cuts 18% of U.S. workforce, eliminates COO role

EV maker Lucid cuts 18% of U.S. workforce, eliminates COO role

- June 22, 2026
On the Dash: Lucid is cutting roughly 18% of its U.S. workforce and eliminating its COO role, effective immediately. The restructuring targets $158 million in annual savings and scraps a...
EVs & Technology Articles
Rivian slashes 300 jobs one week after launching new R2 model

Rivian slashes 300 jobs one week after launching new R2 model

- June 17, 2026
On the Dash: Rivian cut hundreds of jobs in service and sales, less than 2% of its workforce. The R2 launched last week, with the edition starting around $58,000. Rivian...
EVs & Technology 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
Rivian

Rivian confirms at least 800 layoffs, shifts focus to accelerating production

- July 29, 2022
Amy Mast, a spokesperson for Rivian Automotive, has confirmed in an email that at least 6% or 800 out of 14,000 of its employees will be laid off to speed up the...
Articles Headlines
Carvana

Carvana cuts 2,500 jobs after posting net loss of $506M

- May 12, 2022
In a regulatory filing this week, Carvana said that it has laid off 2,500 of its employees, accounting for 12% of its workforce. Most of the affected employees were reportedly working in...
Articles Headlines
DealerSocket

DealerSocket lays off large portion of employees as part of restructuring plan

- August 18, 2021
Dozens of DealerSocket employees were let go from their jobs in July effective immediately, just two months after the Software as a Service (SaaS) firm was acquired by Solera Holdings...
Daily Automotive News Articles
automotive newscast

CBT Automotive Newscast: September 3, 2020

- September 3, 2020
Today's Featured Interview: Marc Cannon Reflects on AutoNation's Year Thus Far and What's In Store for the Future In the midst of the pandemic, the customer experience in dealerships has experienced...
Daily Newscast
Cox Automotive

Cox Automotive Trims 275 Jobs During Recovery

- June 19, 2020
Facing a steep decline in revenue since the COVID-19 pandemic struck the United States, Cox Automotive trimmed their workforce by approximately 275 positions on Thursday. Of the cuts, 60 percent...
Daily Automotive News Auto News

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Ford raises profit outlook, U.S. bans new Chinese robots, BMW slashes thousands of jobs
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The auto industry's quiet power grab – nobody's connecting these dots
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Ford raises 2026 profit outlook despite tariffs, EV charges and production disruptions
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Trump bans new Chinese robots, power inverters over national security concerns
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CBT News
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