Automotive Industry

General Motors announced plans to cut 1,750 jobs at its electric vehicle manufacturing facilities in Michigan, Ohio, and Tennessee, as the company grapples with a changing market and reduced government incentives. The decision comes on the heels of the expiration of a $7,500 federal tax credit for electric cars, which...

In a move that has sparked criticism from Canadian leaders, Stellantis, the multinational automaker, has announced that it is scrapping plans to increase auto production at its plant in Ontario, Canada. The decision comes as a result of the tariffs imposed by US President Donald Trump, which have created an...