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Thursday, November 6, 2025

Tag: automotive industry

GM Cuts Thousands of Jobs in Michigan, Ohio and Tennessee

General Motors announces major workforce reductions and temporary layoffs affecting electric vehicle and battery plants across three states amid slowing EV demand.

Stellantis Ex-CEO: Tesla May Not Exist in 10 Years Due to BYD

Carlos Tavares warns Tesla faces existential threat from Chinese EV maker BYD's efficiency, predicting possible collapse within a decade.

Thai Car Sales to Hit 600,000 as EVs Overtake Petrol Vehicles

Electric vehicle sales surpass petrol cars for the first time in Thailand, driving domestic car sales growth despite market challenges and high household debt.

GST 2.0 Sparks Record Car Sales: Over 500,000 Units in One Month

India's auto industry surges with car sales doubling post-GST 2.0. Major manufacturers report unprecedented growth and record deliveries during festive season.

US Retreat on Electric Vehicles Hands China Major Strategic Advantage

As Trump administration rolls back EV incentives, China dominates electric vehicle technology and supply chains, creating national security concerns.