‘Bleeding cash’: Rivian to cut 6% of jobs amid price war, internal memo says

SAN FRANCISCO — Rivian Automotive is laying off 6% of its workforce in an energy to minimize charges as the EV maker, already grappling with slipping cash reserves, braces for…

Uber Freight cuts 150 jobs, about 3% of the unit’s head count

Uber Freight has laid off 150 staff members, or about 3% of the segment’s full head count. The layoffs have an effect on the division’s electronic brokerage team, Uber Freight…

Cadillac Reveals Three Vivid Paint Jobs Ahead of 24 Hours of Daytona

Cadillac is getting ready for the 2023 24 Hours of Daytona, displaying off the gold, blue, and crimson liveries that its a few V-LMDh endurance cars and trucks will use…

Ford to eliminate 3,000 jobs in an effort to cut costs

Ford F-150 Lightning at the 2022 New York Car Exhibit. Scott Mlyn | CNBC DETROIT – Ford Motor is chopping about 3,000 jobs from its international workforce, as the automaker…

Tesla cutting 200 jobs, closing Autopilot office in San Mateo

Elon Musk talks at the Automotive Planet Information Congress at the Renaissance Middle in Detroit, Michigan. Rebecca Cook | Reuters Tesla is closing its business in San Mateo, California, and…

Ford to add over 6,000 U.S. jobs as it boosts electric vehicle production

Ford Mustangs go through assembly at the Ford Flat Rock Assembly Plant August 20, 2015 in Flat Rock, Michigan. Getty Images Ford Motor explained Thursday that it will add about 6,200…

Bugatti Reveals Two More Custom Chiron Sur Mesure Paint Jobs

Bugatti has exposed two much more creations from its Sur Mesure bespoke division: a Chiron Super Activity and a Chiron Pur Activity. Bugatti phone calls the paint jobs Vagues de…

Ford adds jobs to increase production of electric F-150 pickup; reservations top 150,000

Ford has started out preliminary pre-output of its electrical F-150 Lightning pickup truck at a new plant in Dearborn, Mich. Michael Wayland | CNBC DEARBORN, Mich. — Ford Motor is…

With Biden as an ally, UAW union prepares to battle for EV jobs

Democratic presidential nominee and previous Vice President Joe Biden delivers remarks in the parking great deal outdoors the United Auto Workers Region 1 workplaces on September 09, 2020 in Warren,…