The planned cost reductions are not enough. VW claims more cuts are needed across the lineup and platforms. U.S. tariffs and Chinese competition are hurting business. The Volkswagen Group is in the midst of a large-scale restructuring plan that will wipe out tens of thousands of jobs in Germany by the end of the decade. …
Cadillac celebrates its inaugural Formula 1 season with a limited-run CT5-V Blackwing. It has an upgraded supercharger, making 685 horsepower and 673 pound-feet of torque. Production begins mid-2026. Cadillac is thrilled to be in Formula 1. This year marks its inaugural season, and this weekend marks the team’s first race on American soil at …
The Tesla Model S and Model X are set to be discontinued. Tesla will create a final Signature Series of each model, and these will be extremely limited in quantity. To purchase one, you’ll need to be invited. Earlier this year, Tesla announced plans to discontinue both the Model S and Model X. The plan …