Ford targeted older salaried employees during 2019 layoffs, documents in age discrimination lawsuit reveal – WSWS

Ford Motor Company specifically targeted older salaried employees for layoff in a bid to shed pension and other employment expenses during its years-long, multi-billion-dollar cost-cutting campaign, according to recently unearthed emails. The documents, uncovered as part of a class action lawsuit against the company, were obtained by the Detroit Free Press, which published extended interviews… Continue reading Ford targeted older salaried employees during 2019 layoffs, documents in age discrimination lawsuit reveal – WSWS

Audi to drop A1 in Europe as tougher tailpipe rules dent small-car profits – Automotive News

The acknowledgement comes as automakers start to question their small-car strategies in response to more stringent European Union regulations on tailpipe emissions July 25, 2021 01:00 AM {{ source.title }} {{title}} {{ abstract }} read more {{/main_image_url}} {{^main_image_url}} {{ source.title }} {{title}} {{ abstract }} read more {{/main_image_url}} {{/content}} ]]> Audi will discontinue the A1… Continue reading Audi to drop A1 in Europe as tougher tailpipe rules dent small-car profits – Automotive News

Audi to discontinue A1 as tougher tailpipe rules hit small-car profitability – Automotive News Europe

July 25, 2021 01:00 AM The acknowledgement comes as automakers start to question their small-car strategies in response to more stringent European Union regulations on tailpipe emissions The Audi A1 was the No. 2 selling entry-premium model in Europe last year with a volume of 57,850. That, however, left it about 52,500 sales behind the… Continue reading Audi to discontinue A1 as tougher tailpipe rules hit small-car profitability – Automotive News Europe

Daimler/Mercedes-Benz Joining Electric Vehicle Revolution – WebProNews

Daimler and Mercedes-Benz are going all-in on electric vehicles, planning on spending 40 billion euros ($47 billion) by 2030. Most automakers are working to transition toward all-electric vehicles, with many committed to doing so within the next decade. Daimler and Mercedes-Benz join the list of automakers shooting to make that transition by 2030, even building eight battery… Continue reading Daimler/Mercedes-Benz Joining Electric Vehicle Revolution – WebProNews

Mercedes-Benz reveals its plans to be ‘ready’ to go all-electric by 2030 – This is Money

Mercedes-Benz outlined its plans today to invest more than €40 billion (£34.2billion) between 2022 and 2030 to develop battery electric vehicles and be ready to become an all-electric car maker by the end of the decade. Bosses at the German luxury carmaker’s parent group Daimler said it would – with its partners – build eight… Continue reading Mercedes-Benz reveals its plans to be ‘ready’ to go all-electric by 2030 – This is Money