AD #4169 - GM Lays Off Thousands Of EV Workers; U.S. VW Workers Authorize Strike; Tariffs and China Drag Mercedes Down
About this episode
Trade deals with China and South Korea offer some relief to automakers amid ongoing challenges like tariffs and supply shortages. General Motors is cutting EV production and laying off thousands due to slowing demand, while Mercedes faces a tough quarter impacted by tariffs and competition in China. European car sales show growth in electrified vehicles despite declines in gas and diesel. BMW introduces advanced driver assistance with eye-tracking lane changes. Meanwhile, UAW workers at VW Tennessee authorize a strike amid stalled contract talks, and chip shortages threaten global production.
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"Learn more at THECSP dot com. Speaker 1: BMW's new driver assistance system will let you change lanes with your eyes. That's one of the features the new IX three just received approval for in Germany. Its motorway"
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