AD #4063 - Nissan Could Sell Its Headquarters; ICEs Drag Down EU Market; Volvo Cutting Thousands of Jobs
About this episode
The episode covers major shifts in the automotive industry, including Morelli's financial struggles and potential buyout by India's Motherson Group, driven partly by Nissan's restructuring and asset sales. European car sales dipped slightly due to declining internal combustion engine vehicles, despite strong EV growth. Volvo announced significant global job cuts to reduce costs. Toyota is shifting some Corolla production to the UK to optimize capacity and delivery. BMW is moving forward with a limited-run V8 speed Top model inspired by a past concept. The episode also discusses industry labor challenges and features listener poll insights on US manufacturing revival.
Toyota GR Corolla
"...m strategy, Toyota is shifting some production of gr Corollas from Japan to the UK, which will then be exported..."
Chevrolet Corvette
"...ring Coup, which reminds us a lot of the Callaway Corvette Aerowagon. There's not a ton of detail, but BMW s..."
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