July 20, 2020
Via: Market WatchThe U.K. manufacturing industry has warned of a “jobs bloodbath” unless the government extends its job retention program by six months, to avoid highly skilled job losses in the sector on a scale “not seen since the 1980s.” Trade body […]
April 11, 2017
Via: TimeToyota said Monday it is investing $1.3 billion to retool its sprawling factory in Georgetown, Kentucky, where the company’s flagship Camry sedans are built. No new factory jobs are being added, but Toyota says the upgrades amount to the biggest […]
February 28, 2017
Via: TimeJapanese auto parts maker Takata pleaded guilty to fraud Monday and agreed to pay $1 billion in penalties for concealing an air bag defect blamed for at least 16 deaths, most of them in the U.S. The scandal, meanwhile, seemed […]
February 8, 2017
Via: The New York TimesOne of the first things Ole Harms did after taking over Volkswagen’s new ride-hailing start-up was leave town. Staid Wolfsburg, Volkswagen’s home, was not the best place for the automaker to mount a defense against Silicon Valley challengers keen to […]