Focus on Industry
Volkswagen calls for 10% pay cuts
Volkswagen wants its workforce to take pay cuts of 10 per cent in order to remain competitive and safeguard jobs.
Nissan may partner with Renault on new small EV for Europe
Renault, Nissan discuss a joint EV version of Renault’s Twingo to debut in 2026 under 20,000 euros, aiming to compete with Chinese EVs.
Steel plant explosion in central Mexico kills at least 12 people
The explosion at the steel plant in Mexico's Tlaxcala state owned by Simec killed at least 12 people, state authorities said on Wednesday.
Stellantis to recall over 33,000 Ram trucks, NHTSA says
Stellantis recalls 33,777 Ram 1500 trucks in U.S. due to potential damage in front wheel hub encoder rings, affecting stability control.
Volvo Cars seeks to oust Northvolt from EV battery venture
Volvo seeks Northvolt’s stake in their battery JV NOVO but needs a new partner to maintain gigafactory plans, aiming for 2026 production.
Chinese automaker Geely steps up challenge to BYD with new hybrid tech
Geely’s new Leishen hybrid tech outperforms BYD in fuel efficiency with 2.62L/100km and 2,390 km range, boosting hybrid competition.
European car safety agency snubs BYD’s Atto 3 driver assistance system
MILAN — Europe’s car safety agency has issued a “not recommended” rating to the driver assistance system used in BYD’s Atto 3 EV,...
US Steelworkers union looks to clean energy to replace job losses at oil refineries
USW aims to grow membership with 17,000 new jobs from clean energy projects despite potential Trump challenges.
Refiner Phillips 66 reports lower third-quarter profit on weak fuel demand
Phillips 66 exceeded profit forecasts in Q3, driven by strong chemicals and midstream performance, despite declining refining margins
