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.
The agreement, if ratified, will cover 1,600 workers making batteries for General Motors in Ohio. The union said it would be a model for efforts elsewhere.
The president wants to shift America’s car fleet toward electric vehicles, but not at the expense of American jobs or national security.
The union, which lost an organizing vote at two factories last week, argued to federal officials that the automaker had violated labor laws.
The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.
The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.
The election, fiercely opposed by the state’s political leaders, was seen as a test of the United Automobile Workers’ ability to unionize factories in the South.
Southern political leaders say a win for the United Automobile Workers would threaten their economies. Activists want to strike a blow against a system they say exploits the poor.
The states have been major beneficiaries of the Biden administration’s key economic policies, such as spending on infrastructure, manufacturing and clean energy.
Las subvenciones a la industria y la debilidad de las ventas al interior de China han preparado el terreno para un auge de las exportaciones del país, lo que hace temer la pérdida de puestos de trabajo en fábricas de otras partes del mundo.
Automakers in the United States and their supporters welcomed President Biden’s tariffs, saying they would protect domestic manufacturing and jobs from cheap Chinese vehicles.