Tesla ramps up job cuts in China as sales slowdown bites

A global slowdown in EV demand has sparked Tesla’s biggest layoffs ever. But the hit has been partic...

As buyers diss cars, auto companies count on offers

"After a strong run, the market has slowed and inventory levels are high," he said. "Though we don't...

Toyota to delay US EV production to 2026 amid slowing sales

Toyota in February invested USD 1.3 billion in its Kentucky facility for its electrification effort....