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Toyota trims Middle East production by 40,000 vehicles on shipping risk
Toyota is scaling back vehicle production for the Middle East, trimming output in response to rising shipping risks on a key energy and trade corridor. The decision to cut…
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Britney Spears arrested in California on suspicion of DUI
Britney Spears has been arrested in California on suspicion of driving under the influence of alcohol and drugs, adding a new and troubling chapter to the pop star’s long…
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Ford CEO says Tesla teardown forced major EV redesign at company
Ford’s electric vehicle strategy is being rebuilt from the inside out after a brutal lesson in competitive reality. A detailed teardown of Tesla and Chinese electric cars convinced Ford’s…
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Collapse of $9B auto group in fraud case leaves 2,500 workers jobless
A sprawling auto group valued at roughly 9 billion dollars has collapsed in a sweeping fraud case, abruptly cutting off paychecks for about 2,500 workers and jolting regulators who…
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