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‘A declaration of bankruptcy’: Unions lash out as Volkswagen weighs possible German plant closures

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Employees of German car maker Volkswagen (VW) protest at the start of a company's general meeting in Wolfsburg, northern Germany, on September 4, 2024.Moritz...
World

Elon Musk’s Starlink says it will block X in Brazil to keep satellite internet active

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Jaque Silva | SOPA Images | Lightrocket | Getty ImagesStarlink, the satellite internet service owned and operated by SpaceX, said it will block the...
Bussiness

Volkswagen warns of plant closures in Germany, citing ‘extremely tense’ situation

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A VW Golf GTI stands in a parking lot within sight of the brand tower on the grounds of the VW plant in Wolfsburg.Picture...
Bussiness

Canada to slap 100% import tariffs on Chinese electric vehicles over ‘unfair’ competition

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Canada's Prime Minister Justin Trudeau speaks during a press conference following a cabinet shuffle, at Rideau Hall, in Ottawa, Ontario, Canada, July 26, 2023.Blair...
Bussiness

Texas sues GM for allegedly violating drivers’ privacy

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General Motors has been sued by the state of Texas, which accused the automaker of installing technology on more than 14 million vehicles to...
Tech

GM reveals new Chevy Corvette with 1,000-plus horsepower and record top speed

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2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package.DETROIT — General Motors' newest Chevrolet Corvette will be the most powerful version of the American...
Bussiness

China wants EU to scrap planned higher tariffs and ‘abide by WTO rules,’ state media reports

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GUANGZHOU, CHINA - NOVEMBER 17: A GAC Aion Hyper SSR electric sports car is on display during the Auto Guangzhou 2023 at China Import...
Bussiness

EU is expected to unveil tariff plans for Chinese EVs this week

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TOPSHOT - People look at a BYD Seagull car by Chinese electric vehicle (EV) manufacturer BYD Auto at the Bangkok International Motor Show in...
Jobs

As Tesla layoffs continue, here are 600 jobs the company cut in California

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The cuts were reported in a Worker Adjustment and Retraining Notification, or WARN, Act filing that CNBC obtained through a public records request.Facing both...
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