Volkswagen’s CEO cautions that as many as 100,000 jobs could be eliminated during reorganization.

Volkswagen Considers Additional Job Cuts in Competitive Landscape Volkswagen executives have indicated that they might need to reduce an extra 50,000 jobs to stay competitive in the auto industry. This information comes from an internal memo shared with employees. The German automaker had earlier announced a plan to eliminate 50,000 positions across its operations, including […]
A Bunch Of Jeeps, Nissans, Fords And Volkswagens Just Lost Tax Credits – The Autopian

It's a new year, which means it's time for new vehicle listings to be excluded from federal tax credits. As last year, to qualify for the full $7,500 tax credit on EVs, EVs must be manufactured in North America and have at least 60% of critical battery materials and battery components sourced from “friendly countries.” […]