The automaker said the reductions at its factory in Cologne come on top of 4,000 job cuts across Europe that were announced last year.
Electric vehicles on the used market often cost less than comparable gasoline models, making the technology affordable to many more buyers.
Electric vehicles on the used market often cost less than comparable gasoline models, making the technology affordable to many more buyers.
The spotlight at the Munich auto show this year is swinging back to BMW, Mercedes and Volkswagen after previously focusing on Chinese automakers.
Tesla’s board unveiled a compensation package for the chief executive that could be worth $900 billion if he meets ambitious targets.
A Pekín se le ha acabado la paciencia con las empresas que bajan los precios y pide moderación. Pero la feroz competencia también produce una oleada de innovación.
Beijing has run out of patience with companies slashing prices, and is urging restraint. But fierce competition is also producing a surge of innovation.
Beijing has run out of patience with companies slashing prices, and is urging restraint. But fierce competition is also producing a surge of innovation.
Electric models from the luxury car brand have been very successful, but they may struggle once a $7,500 federal tax credit ends next month.
There’s one month left to get a federal subsidy. Our calculator lets you compare models and see whether an E.V. is cheaper in the long run.