Saturday, November 14, 2026
International Finance

Category : Transport

FeaturedTransport

Volkswagen to go aggressive on restructuring, to cull Spanish marque Seat

International Finance Business Desk
Thomas Schaefer, Volkswagen's brand head, made the declaration amid workers' protests that started after the automaker issued a profit warning...
FeaturedTransport

Uber’s 825 million euro fine is a warning to every company that lets software fire people

International Finance Business Desk
Brussels has given the American ride-hailing business until December 2027 to comply with its AI rules on employee hiring and dismissal...
FeaturedTransport

Trump says China can build cars in US despite Congress policy push

International Finance Business Desk
However, the Republican has put one condition: Chinese automakers should not build cars in Mexico and ship them to the United States...
FeaturedTransport

Volkswagen faces 16 billion euro restructuring bill, weighs defence future for German plants

International Finance Business Desk
Volkswagen has signed a deal with Israel's Aurelius Capital and Lower Saxony, in which the Osnabrueck plant will be repurposed for defence production...
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....