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Swiss machine maker feels heat from auto sector slowdown, Trump’s tariffs
14 Nov 2025 09:27 GMT
… .S. tariffs and a struggling auto industry.
The firm, which makes … , 59, said of Pfiffner’s job cuts announcement, speaking at the company … CEO Ewald.
The talk of job cuts is also creating a negative …
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As Trump Drives Up Costs, Record Share of Subprime Auto Loans Overdue
14 Nov 2025 01:39 GMT
… two key disruptions in the auto lending space.
"PrimaLend, … the VantageScore analysis, Cox Automotive's Kelley Blue … that," said Cox Automotive executive analyst Erin Keating … , which documented 153,000 job cuts in October, bringing the total …
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Aston Martin job cuts spark row over £18.8m ‘wasted’ public money
12 Nov 2025 19:08 GMT
The Aston Martin logo. Photo Rebecca Naden/PA Wire
Chris Haines – ICNN Senedd reporter
The Welsh Government is facing calls to justify £18.8m in public funding given to Aston Martin, with more than 100 jobs reportedly under threat at its St Athan plant …
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Voestalpine to cut jobs at two Austrian sites as US tariffs bite
12 Nov 2025 17:13 GMT
… dutiesAustrian Steel group Voestalpine will cut jobs at two sites in its … steelmaker is also closing its automotive components factory in Birkenfeld, Germany …
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US layoffs hit highest level in two decades: A company-wise breakdown of massive job cuts by AI and cost-cutting
09 Nov 2025 13:07 GMT
… companies announced 153,074 job cuts, a staggering 183% increase … with nearly 450 individual job cut plans tracked in October … expenditures this year.
The job cuts affect various departments, including …
Rivian:
Laid off 600 automotive jobs, around 4% of …
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USW International cuts secret deal, calls snap vote in bid to break 3-month strike by Libbey Glass workers in Toledo, Ohio
14 Nov 2025 08:35 GMT
… International Association of Machinists, United Auto Workers and the Toledo AFL … Dana Driveline who are facing job cuts, long hours of mandatory overtime … experience of the 1934 Toledo Auto-Lite strike—where mass action …
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Weekly News Wrap: Bajaj Auto 2027 Roadmap, Auto Retails Hit Record Highs, EICMA 2025 Showcases India’s Global Ambition
09 Nov 2025 09:10 GMT
… milestones for India Auto Inc. Bajaj Auto dominated headlines with … production to India and cutting jobs, as part of efforts … Sharma of Bajaj Auto
Bajaj Auto has confirmed that … pulling in the struggling American automotive supplier, few anticipated the …
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US officials spark backlash with sudden changes that could endanger public health: 'Would eviscerate'
14 Nov 2025 02:20 GMT
… employees with its recent federal job cuts.
Many of the employees furloughed … up for $50 with the auto pay plan.
Why are federal …
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Ineos to axe hundreds of jobs as Trump tariffs send car sales veering of course
13 Nov 2025 23:47 GMT
… , including in the UK.
Ineos Automotive, which employs 1,700 people … of Motor Manufacturers and Traders.
Job cuts: Ineos Automotive, which employs 1,700 …
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IMF says strains are beginning to emerge in US economy
13 Nov 2025 21:13 GMT
… announced more than 153,000 job cuts last month. The firm noted …
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Price: from Dh317,671
On …
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