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Auto industry

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Volkswagen may cut another 50,000 jobs, the automakers CEO said in an internal memo / Photo: Alexander Fedosov / Shutterstock
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Volkswagen has announced plans to lay off another 50,000 employees to cut costs
Rivian shares rose following an updated forecast for electric vehicle deliveries / Photo: x.com / Rivian
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Rivian's electric vehicle delivery forecast exceeded expectations. Its stock soared
Musk has called the full-scale rollout of FSD critical to Teslas future / Photo: x.com / Tesla
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Tesla has settled a lawsuit over a fatal accident involving Autopilot
Volkswagen is planning to cut 100,000 jobs / Photo: Y Lim / Shutterstock
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Volkswagen Plans to Cut 100,000 Jobs — Manager Magazin
The downturn in the Chinese market and rising energy costs have led BMW to lower its forecast for 2026 / Photo: press.bmwgroup.com
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A downgraded outlook sent BMW shares plummeting to a 5-year low, dragging down its competitors
Pirelli shares collapsed 13% after a short-seller attack / Photo: NorthSky Films / Shutterstock.com
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Pirelli shares fall 13% after shortseller accused of ties to Russian army
Shares of passenger transportation giant Uber are up 7%. Photo: nitpicker/Shutterstock
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Uber's booking forecast outweighed weak earnings data. Shares jumped
German company Porsche is changing its strategy, the next few years its business model will be put to the test / Photo: Josh Berquist / Unsplash.com
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Swerving across a double solid: why everyone is talking about problems at Porsche
European markets sagged after Trumps statements on duties on European cars / Photo: i viewfinder / Shutterstock
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European automakers' shares fall after Trump's new threats of duties
Volkswagens operating profit sagged more than 14% / Photo: Jonathan Weiss / Shutterstock.com
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Volkswagen's profits have fallen 14%. The auto giant is ready for new cost cuts
Mercedes-Benz Groups first quarter net profit fell 17.2% / Photo: Savvapanf Photo / Shutterstock.com
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Mercedes-Benz profits are down 17%. What about the stock?
German premium car brand Porsche has agreed to sell its stakes in sportscar makers Bugatti and Rimac / Photo: NorthSky Films / Shutterstock.com
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Porsche exits Bugatti and Rimac completely amid falling profits
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