Keywords: Motors
Jaguar Land Rover is set to implement a new global workforce reduction. The British car manufacturer plans to cut around 4,000 jobs over the next two years as part of a comprehensive program aimed at lowering costs and enhancing its competitiveness. The announcement comes as the group seeks to adapt......
The American manufacturer Lucid Motors is recalling 27,185 units of its premium Air sedan in the United States. According to U.S. road safety authorities, an electrical circuit related to the exterior lighting could overheat and cause a fire. While waiting for a technical solution, owners are advised......
Eicher Motors reported quarterly earnings above market expectations, supported by robust domestic demand for its iconic Royal Enfield motorcycles and the positive impact of price increases. For the quarter ended June 30, the Indian automaker posted a consolidated net profit of 14.63 billion rupees (approximately......
IBM has agreed to acquire HRL Laboratories, a private research facility specializing in quantum technologies, as the technology giant expands its approach to developing next-generation quantum computers. The acquisition adds a new technological pathway to IBM’s existing quantum strategy, which......
Ford Motor Co. has reached a tentative three-year national labor agreement with Unifor, Canada's largest private-sector union, marking an important step in ongoing contract negotiations involving the country's automotive industry. The proposed deal covers more than 5,000 unionized Ford employees......
US President Donald Trump has announced that major American automotive manufacturers, including Ford and General Motors, could soon be involved in the production of military equipment for the United States armed forces, including advanced missile systems. Speaking to reporters at the White House, Trump......
German automotive supplier Bosch has secured a long term agreement to supply large volumes of electric motors to Mercedes-Benz for the company’s next generation electric vehicles, extending the partnership well into the 2030s. The deal strengthens ties between two of Germany’s biggest industrial......
German engineering company Robert Bosch GmbH has secured a major agreement to supply electric motors to luxury car manufacturer Mercedes-Benz Group AG. The contract is part of a long-term collaboration aimed at strengthening the production of next-generation electric vehicles. Under this agreement,......
Tata Motors has warned of near-term cost pressures driven by global economic uncertainty, even as the company reported a sharp increase in quarterly profit supported by strong vehicle demand and improved domestic sales. The Indian automaker posted a nearly 70% rise in profit for the fourth quarter ending......
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