Where Ford will slash jobs in Europe

Where Ford will slash jobs in Europe

Workers were told to expect concrete numbers of job losses from the automaker in mid-February, according to Cologne’s daily paper, the Kölner Stadt-Anzeiger. Industrial action threats Ford’s plans triggered a union threat of Europe-wide disruption. “If negotiations between the works council and management in coming weeks do not ensure the future of workers, we will…

Birmingham Gets a Green Glow: Lab-Grown Diamonds Offer Eco-Friendly Anniversary Gifts

Birmingham, a city known for its rich industrial history and vibrant cultural scene, is now at the forefront of a dazzling revolution. The city is embracing lab-grown diamonds, offering eco-conscious consumers a sustainable and ethical alternative to traditional mined diamonds. With the increasing popularity of lab grown diamonds Birmingham is becoming a hub for these…

Leasing down in Canada |  Automotive News Canada

Leasing down in Canada | Automotive News Canada

“Factory help when it comes to leasing has definitely come down,” she said. “And even when they throw something at you, it’s not enough to change the customer’s mind.” IT DEPENDS ON INTEREST RATES But while cash and financing customers might come into the dealership less often, Zanchin isn’t concerned that lower lease penetration rates…

Tesla board members agreed to 5 million legal settlement

Tesla board members agreed to $735 million legal settlement

The directors, including Oracle co-founder Larry Ellison, agreed to return the equivalent value of 3.1 million Tesla stock options, according to a court filing. Tesla did not respond to a request for comment. The directors acted in good faith and in the best interests of Tesla stockholders but agreed to settle to eliminate the risk…

EV registrations are cool for once-hot brands as Tesla dominates

EV registrations are cool for once-hot brands as Tesla dominates

Experian registration data for January to May reflects the more difficult climate, especially for EV brands that grew rapidly last year but have failed to maintain the momentum. Because not all automakers report their EV sales by model and region, including Tesla, the new registration data serves as a reliable proxy to compare brands and…