International Finance

Category : Transport

FeaturedTransport

Jaguar Land Rover to cut 4,000 jobs in 1.7 billion pound cost-reduction drive

International Finance Business Desk
The Tata Motors-owned carmaker targets lower costs and a 300,000-vehicle break-even point as tariffs, weaker sales and Chinese competition squeeze margins...
FeaturedTransport

Volkswagen approves Oliver Blume’s plan for 50,000 more job cuts, US expansion

International Finance Business Desk
Volkswagen's restructuring plan also explores alternatives for four German plants that will eventually run out of models during the next decade...
FeaturedTransport

Amid Trump’s tariff threats, GM to expand production capacity in Canada

International Finance Business Desk
The American automaker has assured its Canadian workers about adding the production of the next-generation GMC Sierra truck to a plant in Oshawa...
FeaturedTransport

No US trade deal without Canadian auto sector, Ottawa says amid trade war

International Finance Business Desk
The trade deal ⁠that fell apart would have cut the top-line tariff rate on Canadian cars and light-duty trucks from 25% to 15%...
FeaturedTransport

Canada-US trade war: Honda reconsiders North American expansion

International Finance Business Desk
The trade arrangement, which covers over 500 million consumers, is currently uncertain, with US and Canada imposing tariffs on each other's imports....
FeaturedTransport

Already a winning bet? Ferrari’s Luce EV one-off shatters auction records

International Finance Business Desk
At USD 40 million, the vehicle, known as 'Chassis 0,' created by Ferrari's Tailor Made division, set a world record ⁠for a new car sold at auction...