Honda profits drop amid Trump tariff fallout
Honda reports a sharp decline in quarterly profits as US tariffs under the Trump administration continue to disrupt global trade. Analysts weigh in on the long-term impact.
Category : Search result: automotive industry layoffs
Chinese carmakers surge as UK auto market struggles
Chinese automakers are outperforming the struggling UK car market, reporting soaring sales while traditional brands face declines, according to new industry data.
UK car sales surge 14% in February
New car registrations in the UK rose by 14% in February, marking the best performance since the pandemic. Electric vehicle demand slows, while hybrids gain traction.
China warns EV makers over price-cutting wars
Chinese authorities warn electric vehicle makers to stop excessive price cuts and overproduction, aiming to stabilise the competitive market.
Tata Steel confirms mass job cuts in Port Talbot
Tata Steel confirms significant job reductions at its Port Talbot facility, sparking concerns over the future of the Welsh steel industry and local economy.
Moderna cuts 150 jobs in cost-reduction move
Biotech leader Moderna announces major layoffs, axing 150 jobs as part of a strategic cost-reduction plan. What does this mean for the future of mRNA vaccines?
Cars stranded in Belgium amid US tariff uncertainty
Thousands of cars are stuck at a Belgian port due to uncertainty over US tariffs, causing major delays and financial strain for manufacturers.
Aston Martin secures vital US tariff reduction
Aston Martin's rapid response to US tariff threats paid off, as the luxury carmaker successfully negotiated reduced rates, safeguarding its competitive edge in the American market.
Musk: Liberals Are "Killing" Electric Cars
Tesla CEO Elon Musk has ignited a fiery debate by accusing liberal policymakers of undermining the electric vehicle revolution. Discover the full story behind his provocative claims.
Aston Martin gets £30m gov boost for F1 and EVs
The UK government has awarded Aston Martin a £30 million grant to support its Formula 1 ambitions and electric vehicle development, safeguarding jobs and boosting innovation.
ITV to axe 10% of workforce in cost-cutting shake-up
ITV announces plans to cut 10% of its workforce in a dramatic cost-saving measure, impacting up to 1,000 jobs across the broadcaster.
Japan and US Agree on Landmark Car Trade Deal
Japan and the United States have finalised a landmark trade agreement that could reshape the automotive industry. Discover the key details and potential impacts.
Intel slashes jobs amid US tech crisis
Intel announces major layoffs as the US tech sector faces deepening turmoil. Experts weigh in on the implications for employees and the broader market.
Tesla's European sales collapse amid Musk controversies
Tesla faces a dramatic drop in European sales as CEO Elon Musk's polarising remarks and reduced EV subsidies take their toll. Discover the full story behind the decline.
UK car industry warns of Trump tariff 'existential threat'
The UK automotive sector faces a major crisis if Donald Trump imposes 100% tariffs on EU car imports, warns industry leader Mike Hawes.
Tesla's European sales surge in 2025
Tesla reports a significant rise in European sales in 2025, bucking industry trends as Elon Musk's electric vehicle giant continues to dominate the market.
UK Auto Sector Warns Against Trump Tariffs as Labour Pledges Help
The UK automotive sector urges the next government to avoid punitive tariffs like those under Trump, as Labour promises a new industrial strategy to boost manufacturing.
US automakers exploit tariff loophole against foreign rivals
American automakers are leveraging a controversial tariff exemption from the Trump administration, putting European and Asian competitors at a significant cost disadvantage in the US market.
Tesla Q2 Earnings Fall Short as Sales Decline
Tesla's second-quarter earnings disappoint as sales drop and costs rise, putting pressure on CEO Elon Musk to reassure investors about the company's future.
Trump slams GM over Asian car imports
Former US President Donald Trump has criticised General Motors for importing vehicles from Asia, accusing the company of lacking patriotism. Read more on the latest trade tensions.
US carmakers face profit crash as EV reality bites
Major US car manufacturers report steep profit declines as electric vehicle (EV) challenges mount. A top CEO reveals the industry's harsh realities.
GM profits soar despite Trump tariffs
General Motors reports robust earnings, defying trade tensions and tariff pressures under the Trump administration. Discover how the automotive giant navigated economic headwinds.
Jeep and Ram revert to petrol as EV sales drop
Stellantis halts electric vehicle production for Jeep and Ram as demand falls, reverting to petrol models to boost sales.
Stellantis may cut UK production over Brexit rules
Stellantis, the parent company of Fiat and Vauxhall, has warned it may reduce UK production unless Brexit trade rules are renegotiated, citing rising costs and supply chain challenges.
Jaguar Land Rover cuts 500 UK jobs
Jaguar Land Rover announces 500 job cuts in the UK as sales slump due to US tariff impacts. The move follows financial strain from trade policies under Trump.
Tata invests £4bn in UK electric vehicle production
Tata Motors, the parent company of Jaguar Land Rover, pledges £4 billion to boost UK electric vehicle manufacturing, securing thousands of jobs and accelerating the transition to green transport.
Jaguar Land Rover to cut hundreds of jobs
Jaguar Land Rover announces significant job cuts as part of a restructuring strategy to streamline operations and transition to electric vehicle production.
JLR confirms 500 management redundancies
Jaguar Land Rover confirms 500 management redundancies, calling it 'standard business practice' despite criticism over its recent rebranding strategy.
Nissan to close Oppama plant due to tariff pressures
Nissan announces the closure of its Oppama plant in Japan, citing challenges from Trump-era tariffs and shifting global trade dynamics.
Toyota, Kia face EPA penalties over fuel economy claims
The US Environmental Protection Agency has found discrepancies in fuel efficiency data for several Toyota and Kia models, potentially leading to significant fines for the automakers.
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