A worker checks the quality of a vehicle before rolling off the assembly line at the production workshop of SAIC General Motors Wuling in Qingdao, East China’s Shandong province, Jan. 28, 2023. (Photo credit should read CFOTO | Future Publishing | Getty Images General Motors is losing ground in China, its […]
Auto Industry
Auto Industry Layoffs and Tech Job Cuts Are Not the Same
An auto expert warns of a “generational layoff” in the motor vehicle market. The cuts are diverse from the type sweeping tech giants like Google, Meta, and Microsoft. The vehicle industry’s change to electric motor vehicles will spur much more layoffs in the yrs forward. Loading Something is loading. Thanks […]
How the Silicon Valley Bank Collapse Impacts the Auto Industry
You may possibly have read about Silicon Valley Bank’s collapse by now. Information networks all around the earth have claimed on extended lines of folks waiting around outdoors lender branches in a panic and hoping to withdraw every penny of hard cash in their accounts out of the panic they […]
China’s BYD blames Brexit as it rules out UK for first electric car plant in Europe | Automotive industry
The world’s largest seller of electric and hybrid cars will not consider building its first European car factory in the UK because of the impact of Brexit. China’s BYD, which has been backed by the US investment billionaire Warren Buffett since 2008, intends to take on household names such as […]
Canada goes all in on EVs to keep automotive jobs : NPR
A vehicle hauler carrying Chrysler Pacificas’ methods the Ambassador Bridge that connects Windsor, Canada, to Detroit, Michigan,on Oct 5, 2018 in Windsor, Ontario, Canada. AFP by way of Getty Images cover caption toggle caption AFP by way of Getty Photographs A automobile hauler carrying Chrysler Pacificas’ ways the Ambassador Bridge […]
Meet CarDealershipGuy, the Auto Industry’s Viral Commentator
As some thing that involves sizeable quantities of revenue and paperwork, getting a car is a sophisticated, unfun practical experience even in the most favorable of economic environments. But recently, it truly is just been brutal. Since the pandemic strike, made use of automobile price ranges have shot up as […]