One-third of car firms have cut jobs amid Brexit uncertainty

Automotive industry Survey reveals divestment and relocation as industry warns against no-deal departure Workers at the Nissan car factory in Sunderland. The firm has said a no-deal Brexit would jeopardise its European operation. Photograph: Christopher Thomond/The Guardian One in three car firms are cutting jobs and one in eight have divested from their UK businesses… Continue reading One-third of car firms have cut jobs amid Brexit uncertainty

Mazda Publishes Mazda Sustainability Report 2019 and Annual Report 2019

HIROSHIMA, Japan, Oct 15, 2019 – (JCN Newswire) – Mazda Motor Corporation published the Mazda Sustainability Report 2019(1) in Japanese and Annual Report 2019(2) in English and Japanese on the company’s website. The English version of the Sustainability Report will be published in November. Highlights of the Sustainability Report 2019 Top Message– Discusses the progress… Continue reading Mazda Publishes Mazda Sustainability Report 2019 and Annual Report 2019

Hyundai Motor Group to invest $35 billion in future automotive tech

SEOUL, Oct 15 (Reuters) – Hyundai Motor Group said on Tuesday that it plans to invest 41 trillion won ($34.65 billion) in mobility technology and strategic investments by 2025, as South Korea’s top automaker accelerates its attempts to catch up in the self-driving car race. The plan, which Hyundai said encompassed autonomous, connected and electric… Continue reading Hyundai Motor Group to invest $35 billion in future automotive tech

Elon Musk: Tesla Is Making An “Armored Personnel Carrier”

Cybertruck Mercurial Tesla CEO Elon Musk issued a rare update on the company’s in-development pickup truck Sunday night, tweeting that the forthcoming vehicle will be “closer to an armored personnel carrier from the future” than any images we’ve seen publicly. Musk also gave the truck, a new name: the “Cybertruck.” Cybertruck doesn’t look like anything… Continue reading Elon Musk: Tesla Is Making An “Armored Personnel Carrier”

Q&A: Rivian’s Manufacturing Chief On What’s Happening Inside The Plant – WGLT News

While Uptown Normal was filled with Rivian buzz during Sunday’s community event, the real action is taking place 5 miles west at the automaker’s manufacturing plant. Inside the 2.6 million-square-foot plant, construction is taking place seven days a week to get ready for production to begin in 2020. There are already 130 employees on site,… Continue reading Q&A: Rivian’s Manufacturing Chief On What’s Happening Inside The Plant – WGLT News

Ford Motor Company Issues Safety Recall for Select 2019 Ford Ranger Vehicles for an HVAC Blower Motor Issue

About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility… Continue reading Ford Motor Company Issues Safety Recall for Select 2019 Ford Ranger Vehicles for an HVAC Blower Motor Issue

Uber has laid off hundreds of employees in its third round of cuts this year (UBER)

Uber commenced a third round of layoffs on Monday, TechCrunch’s Megan Rose Dickey first reported. Roughly 350 employees in Uber Eats, ATG, and product roles were let go, according to an email from CEO Dara Khosrowshahi published by the news site.  Uber has been under tremendous pressure to cut costs and turn a profit as… Continue reading Uber has laid off hundreds of employees in its third round of cuts this year (UBER)

Uber lays off another ~350 across Eats, self-driving and other departments

Uber has just laid off around 350 employees across a variety of teams within the organization, marking what the company says is its third and final phase of layoffs of the process it began earlier this year, Uber CEO Dara Khosrowshahi said to employees today in an email obtained by TechCrunch (full email below). Those… Continue reading Uber lays off another ~350 across Eats, self-driving and other departments

Smaller UAW ranks dampen GM strike’s impact

The United Auto Workers has seen its membership — and influence — dwindle over the last several decades. And that’s cushioning the impact of the national strike against General Motors Co., which would have been greater  two decades ago. Look no further than the last time the labor union went on strike against GM for more than… Continue reading Smaller UAW ranks dampen GM strike’s impact

Dyson becomes latest sign that electric-car bubble is bursting

Kyunghee Park, Molly Schuetz and Yoolim Lee, Bloomberg News Published 9:33 p.m. ET Oct. 13, 2019 Dyson Ltd.’s sudden decision to scrap its $2.5 billion electric-vehicle ambitions is the latest reality check creeping into the once soaring EV industry. The famed maker of vacuum cleaners and hair dryers couldn’t find a way of making the… Continue reading Dyson becomes latest sign that electric-car bubble is bursting