Vroom reduces employee headcount by about 120
The reduction is included as part of an “organizational restructuring” that Vroom has implemented amid a reexamination of “all facets of the business,” the company said in a regulatory filing.
Freightliner owner Daimler unveils new medium-duty electric truck brand
Daimler announced a new brand for electric class 4 and 5 trucks, Rizon.
Stellantis, GM, Mazda and Ford dealerships sell across 4 states
Domestic and import dealerships in Massachusetts, Virginia, Wisconsin and Indiana traded hands in three first-quarter deals and a third-quarter 2022 transaction.
GM to invest more than $100 million in Michigan parts processing center
The technology updates are intended to help alleviate repetitive strain and improve ergonomics for employees.
Auto workers union, Sanders blast GM for wages at U.S. battery plant
The UAW and U.S. Senator Bernie Sanders criticized a General Motors joint venture battery plant for paying workers less than assembly plant employees even though it benefits from U.S. government tax credits.