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Volkswagen labor deal news on job security and cost savings.
automotive industry

Volkswagen Labor Deal Secures Jobs, Saves Costs

Volkswagen's new labor agreement maintains operations in Germany while cutting jobs through early retirement and buyouts. The deal affects over 120,000 workers and is expected to save the company 1...

Automotive MergerHonda and Nissan executives discussing merger plans.

Honda and Nissan to Merge for Competitive Edge in Electric Vehicles

Honda and Nissan are set to merge, creating the third-largest car company amidst fierce EV competition. With Mitsubishi Motors in talks to join, the merger aims to drive innovation and tackle chall...

CanooCanoo employees facing mandatory unpaid break amid financial difficulties

Canoo Puts Employees on Mandatory Unpaid Break Amid Financial Struggles

Canoo has announced a mandatory unpaid break for all remaining employees following furloughs and financial challenges. The company is attempting to secure necessary capital while facing insolvency ...

CES 2024Teaser image of Honda Zero prototype vehicles, showcasing Saloon and Space-Hub designs.

Honda Unveils Two New Honda Zero EV Prototypes at CES 2024

Honda teases the debut of its innovative Honda Zero EV prototypes at CES 2024. Featuring a lighter, futuristic design and new operating system, the Saloon and Space-Hub promise to revolutionize the...

ChargePointGM and ChargePoint collaboration for EV fast chargers installation.

GM and ChargePoint Plan to Install Hundreds of Fast EV Chargers by 2025

GM partners with ChargePoint to create a new EV charging network under GM Energy, planning to install up to 500 DC fast-charging ports in strategic locations across the US by the end of 2025.

CanooCanoo EV factory facing shutdown and furloughs for employees.

Canoo Faces Challenges: Furloughs and Factory Shutdowns Amid Capital Search

Canoo Inc. announces furloughs for 88 employees and idles Oklahoma factories as the struggling EV company seeks to secure vital capital. Recent one-off deliveries to NASA and the US Army highlight ...