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…

Russian-Ukraine war to lower car production by millions of units

A employee attaches a wiring harness to the chassis of an X model SUV at the BMW producing facility in Greer, South Carolina, November 4, 2019. Charles Mostoller | Reuters…

Ford splits EVs and legacy autos into separate units

People stop by Ford’s all-electrical SUV Mustang Mach-E at the 2019 Los Angeles Vehicle Present in Los Angeles, the United States, Nov. 22, 2019. Xinhua by means of Getty Photos…