The Japanese companies are considering joining forces to survive in a rapidly changing auto industry, but auto history is filled with troubled and failed marriages. Go to Source
Author: New York Times Online News
Volkswagen Reaches Labor Deal, Avoiding Germany Plant Closures
The automaker agreed to keep all 10 of its factories in Germany open and to guarantee workers’ jobs until the end of 2030. Go to Source
Under Pressure, Hyundai Supplier Ends Alabama Prison Labor Contract
The supplier fired dozens of prisoners after some of them said they felt they had no choice but to take those jobs. Go to Source
Honda and Nissan Are in Talks to Deepen Ties and Possibly Merge
The merger talks between Japan’s second- and third-largest automakers highlight the intense upheaval within the world’s auto industry. Go to Source
New U.S. Vehicles Must Have Rear Seatbelt Alarms by Late 2027
The National Highway Traffic Safety Administration changed an existing rule to expand and enhance seatbelt warning requirements. Go to Source
Automakers Thrived in the Pandemic. Many Are Now Struggling.
Changing technology, political turmoil and competition from China are cutting into profits and forcing carmakers to cut jobs and close factories. Go to Source
GM to Shut Down Its Cruise Robotaxi Project
The company said it would now focus its efforts on developing fully autonomous vehicles for personal use. Go to Source
Chinese Carmakers Are Taking Mexico by Storm While Eyeing U.S.
BYD and other manufacturers are importing cars from China and scouting factory sites in Mexico as part of a global expansion that, for now, excludes the United States. Go to Source
G.M.’s Ailing China Business Will Deal It a $5 Billion Blow
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off. Go to Source
Volkswagen Workers Go on Strike Across Germany
Volkswagen workers across Germany escalated their labor dispute with management by walking off their jobs for several hours on Monday, and their union threatened longer strikes if their demands were not met. The automaker is in the middle of labor negotiations with IG Metall, the union representing most of its workers, as the company tries… Continue reading Volkswagen Workers Go on Strike Across Germany