Rolls-Royce cutting up to 2,500 jobs to improve efficiency
Rolls-Royce is reducing its global staff by 2,000 to 2,500 employees to create a more agile business, the company, which employs 6,000 Americans, said Tuesday.
Elon Musk wants to ‘temper expectations’ on Tesla Cybertruck; thinks it’s ‘our best product ever’
Tesla CEO Elon Musk said that he wants to temper expectations about the EV-maker's Cybertruck because it will take time to scale production at volume while considering cash flow.
Tesla to recall nearly 55,000 Model X vehicles over brake fluid detection issue
NHTSA said Tesla will recall 54,676 Model X vehicles made between 2021 and 2023 due to the vehicle controller failing to detect low brake fluid and not displaying a warning light.
Ford recalling more than 238K Explorers over driveshaft issues
Ford is recalling 238,364 Explorers from the model years 2020 through 2022 because the rear axle mounting bolt on some vehicles may fracture and cause the driveshaft to disconnect.
Ford's Kentucky Truck Plant crown jewel for UAW
The United Auto Workers' strike at Ford Motor Co.'s plant in Louisville, Kentucky, will deal a major blow to the automaker. The facility is Ford's largest and most profitable.
AI threatens blue-collar jobs, too
Generative AI tools have been seen as a significant threat to many white-collar jobs for the past year, but blue-collar workers in manufacturing are at risk, too.
Elon Musk shares Tesla's Cybertruck test
Tesla shared a new video of the highly anticipated Cybertruck as it rode one of the most challenging routes in the world ahead of the automaker's release of the vehicle expected sometime this year.
Altana using AI to map and analyze global supply chain with launch of next-gen Atlas
Altana launched the newest version of its Atlas, an AI-powered map of the global supply chain used by companies and government agencies to monitor the flow of goods and their inputs.
September jobs breakdown: Which industries are hiring the most workers?
Job growth was stronger than expected in September, thanks to a flurry of hiring by state and local governments, bars and restaurants and doctors' offices.
GM estimates a $200M loss since UAW strike began
General Motors confirmed an estimated $200 million loss since the beginning of the United Auto Workers strike against GM, Stellantis and Ford on Sept. 15.
GM secures $6B line of credit as UAW strike drags on
GM secured a $6 billion line of credit on Wednesday through JPMorgan, two days after laying 164 workers amid the ongoing United Auto Worker strike, now in its 20th day.
Prada partners to make spacesuits for NASA's Artemis III lunar mission
Prada will collaborate with spaceflight services startup Axiom Space to design the next spacesuit for NASA astronauts in the Artemis III mission, the companies said.
Regulators expand investigation into 700K Ford trucks, SUVs over engine issues
U.S. safety regulators are widening a probe into certain Ford and Lincoln truck and SUV models built with a faulty valve that can lead to catastrophic engine failures.
Tesla reports dip in production, deliveries in 3rd quarter
Tesla reported third-quarter vehicle production and delivery numbers, posting dips in both categories from the previous period due to planned downtimes for factory upgrades.
Hyundai and Kia recall over 3M vehicles due to fire risk, urge owners to park outside
Hyundai and Kia announced a combined recall of 3.37 million vehicles after the automakers said electrical shorts in impacted vehicles could cause fires.
Air Canada to buy 18 Boeing 787 jets
Air Canada signed an agreement with Boeing to buy 18 widebody 787 jets, as the carrier looks to capitalize on strong travel demand and deploy fuel-efficient airplanes.
Layoffs, work stoppages mount in UAW strike against Big Three
The United Auto Workers union's strike against Ford, General Motors and Stellantis has caused work stoppages and layoffs at some of the automakers' facilities and their suppliers.
Rocket Lab shares fall after ‘launch issue’
Shares of Rocket Lab fell on Tuesday after the aerospace manufacturer announced it experienced an issue with its Electron rocket during its latest launch.
Elon Musk denies report that Tesla in talks with Saudis about opening factory
Tesla CEO Elon Musk on Monday denied a report that the electric vehicle maker is in talks with Saudi Arabia about setting up a manufacturing plant in the kingdom.
UAW strike against Big Three automakers enters fourth day
The UAW strike is the first to be carried out simultaneously against the Big Three of Ford, General Motors and Stellantis as the union pushes for higher pay for its members.