auto industry

The once‑thriving automotive hub of Brampton, Ontario, has been hit with a blow that feels like a betrayal to the thousands of workers who have spent their careers on the factory floor. For nearly six decades the city has been synonymous with car production, anchored by the Stellantis‑owned Chrysler Assembly...

Volkswagen, Europe’s largest automaker, reported a significant loss of $1.5 billion in the second quarter, citing the impact of tariffs and a challenging market environment. The company warned that a global shortage of semiconductors could further disrupt its production and productivity. The loss was attributed to a combination of factors,...

Volkswagen, one of the world’s leading automakers, has cautioned that a shortage of chip supplies could significantly impact its production levels. The warning comes on the heels of a dispute between China and the Dutch government over the delivery of crucial semiconductor components. The Dutch government had been at odds...