Tag: Automotive industry

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Electric Vehicle Company Rivian Benefits from Partnership with Volkswagen: NASDAQ Stock RIVN

Rivian Automotive, Inc. has been making significant strides in the electric vehicle (EV) space, particularly with its recent partnership with Volkswagen AG. This partnership...
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Stellantis Layoffs: 2,450 Plant Workers Affected by Discontinuation of Ram ‘Classic’ Pickup Truck

Stellantis, the automaker, has made a tough decision that will affect many plant workers. They plan to lay off around 2,450 factory workers in...
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Tesla Stock Drops 7% in Pre-market Trading Due to Earnings Miss

Tesla, the electric carmaker led by CEO Elon Musk, experienced a significant drop in its stock price during pre-market trading in the U.S. The...
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Tesla postpones robotaxi event to October from August | Forexlive

Shares of Tesla dropped by 3.6% after the company announced that it is postponing its robotaxi event from August to October. The stock had...
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BYD Expands to Thailand and Slashes Prices Amid EV Competition

Electric vehicle competition is heating up in Europe, with BYD, a top Chinese electric vehicle manufacturer, making significant moves in the market. The company...
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DONGFENG MOTOR Launches Three Vehicles in Spanish Market.

Dongfeng Motor recently launched three new vehicles in the Spanish market, marking a significant milestone for the company's expansion into Europe. The event, held...
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4 Ways Electric Vehicles Are Impacting Auto Manufacturing Jobs Electric Vehicles Transforming Auto Manufacturing Job...

As the shift towards electric vehicles (EVs) accelerates in the United States, the auto manufacturing industry is undergoing significant changes. With policies like the...
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Honda Leads the Charge in EV Commitment in North America

Honda is showcasing its commitment to electric vehicles with the unveiling of the All-New, All-Electric Honda Prologue at the 2023 Los Angeles Auto Show....
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Global Automotive Anti-Lock Braking System Market Projected to Reach USD 123.85 Billion by 2033...

The global automotive anti-lock braking system market is projected to reach USD 123.85 billion by 2033, with a Compound Annual Growth Rate (CAGR) of...
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GM has a secret to help sell its new EVs. It’s Costco

GM Utilizes Costco to Drive Sales of New EVsGeneral Motors has found a successful strategy to attract U.S. consumers to its latest all-electric vehicles:...

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The Impact of Politics on Market Trends: Analysis on 10/13/24

Politics has always had a significant impact on market trends, and this influence was particularly evident on 10/13/24. The forum for daily political discussion...