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Nissan could cut 20,000 jobs globally, report says

The potential reduction would be  much larger than the 12,500 staff cuts Nissan announced in the middle of 2019. Nissan has been in turmoil sinceRead More

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Elon Musk Says Tesla Stock Is ‘Too High’—and 2020-05-01 16:19:19An early-morning tweet punctuates a week in which the CEO has complained loudly and often about coronavirus-induced lockdowns.

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Automotive News Breaking

Marelli secures $1.2 billion in financing New! 2020-05-27 08:34:23The additional capital gives the supplier the flexibility to withstand an extended market downturn as the coronavirus pandemic has led to production s

U.S. distributor suspends plans to import Zotye vehicles New! 2020-05-27 08:02:55Zotye's financial struggles have been compounded by the coronavirus pandemic. Would-be distributor HAAH Automotive Holdings will now focus on efforts

Costly EVs confront harsh coronavirus reality New! 2020-05-27 07:51:05Automakers such as VW that have invested heavily in an electrified future face a test as they wait to see if their pre-pandemic plans to sell EVs at a

Renault-Nissan execs say efficiency push will create industry's New! 2020-05-27 05:11:27The automakers said they will create further efficiencies by extending commonization of vehicle platforms to upper bodies. They will also select a "m

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Mexico's auto industry restart gathers steam, but some 2020-05-26 12:32:50FCA began reopening two facilities in the central Mexican city of Toluca Tuesday after a gradual restart of its operations in the northern city o

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