In a compromise which leaves Volkswagen’s profitability still lagging rivals, the carmaker and its labor unions agreed to cut 30,000 jobs at the core VW brand. The company in turn committed to avoid forced redundancies in Germany until 2025. The… Read More ›
A renewed interest in bitcoin among India’s consumers has been sparked by Indian Prime Minister Narendra Modi’s decision to withdraw 500 and 1000 rupee notes from circulation. According to The Hindustan Times, sales volumes for bitcoin increased on several exchanges… Read More ›
This strategic move, agreed by its powerful labour unions, will significantly boost its profitability, help it put dieselgate-related costs behind and more importantly, place it as a strong competitor in tomorrow’s burgeoning market of electric vehicles. As per a source… Read More ›
This is in response to Beijing pushing auto manufacturers to sell low-emission cars vide friendly regulations and incentives. Toyota Motor Corp has disclosed that it is in the process of testing its Mirai fuel-cell vehicle in China. As per Hiroji… Read More ›
Hackers were able to access Three’s upgrade database. The country’s data protection regulator had earlier fined the TalkTalk Telecom Group Plc with $496,200 for failing to secure handsets. One of Britain’s biggest mobile phone companies has been hacked. The Telegraph… Read More ›
Since 22 years, under NAFTA, the auto industry and their suppliers have worked as if there were no borders between Canada, U.S. and Mexico. If Donald Trump revisits the agreement and if Canadian manufacturers and exporters prioritize the U.S. over… Read More ›
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