Ford Motor to Cut Thousands of Jobs in Europe

As the American automaker moves forward with its transition to electric vehicles, Ford Motors confirmed that it will be cutting approximately 3,000 jobs. In an internal email, the company’s leaders announced that 1,000 contract workers and approximately 2,000 salaried full-time employees will be let go. The cuts will primarily affect white-collar workers in India and […]

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Report, Audi Delivers More Than 1,00,000 EVs in 2022

Despite the challenging environment, the German automaker Audi stated that it delivered approximately 1,18,000 fully electric vehicles to customers in 2022, an increase of 44% year-over-year. In addition, the business stated that, despite extremely challenging market conditions, 1.61 million vehicles were delivered worldwide. In a statement, Hildegard Wortmann, Member of the Board of Management for […]

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