AD #3931 - Volvo EX30 Finally Coming to the U.S.; Big Layoffs and Production Cuts at Nissan; EU Likely to Stick to Harder Emission Targets

Nissan faces major challenges with a 70% profit drop forecast, 20% production cuts, and 9,000 layoffs, impacting Renault as well. Mazda struggles with declining sales outside North America. Daimler Truck reports revenue and sales declines but maintains its outlook. Lyft partners with Mobile Eye and others to advance autonomous tech. Volvo's EX30 EV will launch in the US despite tariff hurdles, starting with pricier AWD models. The EU plans to uphold tough emission targets, pushing automakers to pool emissions credits. Suzuki unveils its first mass-produced EV, the Evatara, launching in multiple markets next year. Mercedes will use Chinese-made engines in the new CLA, and Jaapung offers crowdfunded vehicle tech upgrades.