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News
Volkswagen Is Planning To Shed Tens Of Thousands Of Jobs. Its CEO Says Cost Cutting 'Is Not Over"
2+ day, 16+ hour ago (387+ words) Volkswagen CEO Oliver Blume told workers to increase saving efforts as the company gears up to implement a plan that will shed tens of thousands of jobs over the years amid a grave crisis. "This journey is not over. Because…...
Sony and Honda Scale Back Joint EV Venture After AFEELA Cancellation
4+ mon, 1+ week ago (372+ words) International Business Times Sony and Honda scale back Sony Honda Mobility operations, reassigning all employees to parent companies after AFEELA EV programme cancellation Honda's March 2026 EV strategy overhaul triggered conclusion that near-term commercialisation under existing SHM framework was not feasible…...