Audi Plans Thousands of Job Cuts Outside Production, Report Says (Reuters)

The article below is sourced from Reuters Wire Service. The views and opinions expressed in this story are those of the Reuters Wire Service and do not necessarily reflect the official policy or position of NADA. German automaker Audi is looking to shrink its workforce in the medium term by cutting jobs outside of production, […]
GM, Hyundai Motor to Explore Joint Vehicle Development Projects (Reuters)

The article below is sourced from Reuters Wire Service. The views and opinions expressed in this story are those of the Reuters Wire Service and do not necessarily reflect the official policy or position of NADA. General Motors and Hyundai Motor Co said on Thursday they have agreed to explore future collaboration across key strategic […]
Stellantis CEO Tavares Defends Record in Paris Over US Crisis (Reuters)

The article below is sourced from Reuters Wire Service. The views and opinions expressed in this story are those of the Reuters Wire Service and do not necessarily reflect the official policy or position of NADA. Stellantis CEO Carlos Tavares alternated between defiance and contrition about the company’s turnaround plans on Monday in a packed […]
Stellantis Shipments Drop 20% as CEO Trims Inventories (Bloomberg)

The article below is sourced from Bloomberg Wire Service. The views and opinions expressed in this story are those of the Bloomberg Wire Service and do not necessarily reflect the official policy or position of NADA. Shipments fell to about 1.15 million vehicles, led by a 36% drop in the key North American market, Stellantis […]