The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.
The Minnesota governor running for vice president on the Democratic ticket also had strong words for Elon Musk, the billionaire businessman who is working to get former President Donald J. Trump elected.
Germany’s largest automaker rode a wave of strong sales for years, but lagging demand and pressure from China are forcing it to consider layoffs.
Germany’s largest automaker rode a wave of strong sales for years, but lagging demand and pressure from China are forcing it to consider layoffs.
The Swedish battery manufacturer said it would eliminate jobs and seek partnerships as it grapples with competition from China.
For the first time in its 87-year history, the automaker is considering shuttering factories in Germany, citing the need to remain competitive.
The former president, who frequently takes credit for helping to overturn Roe v. Wade, has been trying to reposition himself on the issue of reproductive access
A Jeep plant that closed last year will be among those that will benefit from federal grants meant to help automotive manufacturers and protect jobs.
President Emmanuel Macron’s promise of re-industrialization in northern France has helped stimulate the economy, but “people feel defeated and angry.”
Tesla mechanics in Sweden have been striking for six months with little movement from their employer. Nordic shareholders hope to change that.