Ineos Grenadier Quartermaster production begins
Ineos Automotive has just begun U.S. deliveries of the Grenadier SUV. The Quartermaster pickup variant will soon follow.
EV battery startup Our Next Energy lays off a quarter of its staff
The suburban Detroit battery manufacturer slashed its salaried and hourly work force by 128 employees in a move to “focus on core priorities.”
Volkswagen to reduce head count at 'no longer competitive' VW brand
High costs and low productivity are making VW’s cars uncompetitive, employees were told as managers mull jobs cuts as part of a $10.9 billion savings program.
Honda, Ford vehicles face safety issues over potentially faulty seat belts
Honda’s recall covers the 2023-24 Honda Accord and HR-V, while NHTSA’s investigation covers the 2019 Ford Expedition.
Vitesco calls Schaeffler's increased offer price 'inadequate'
The higher offer came after Vitesco’s management and supervisory boards made multiple public statements acknowledging some shareholders’ views that the offer was too low