Changing technology, political turmoil and competition from China are cutting into profits and forcing carmakers to cut jobs and close factories. Automobiles, Layoffs and Job Reductions, Electric and Hybrid Vehicles, International Trade and World Market, Factories and Manufacturing, Stellantis NV, Ford Motor Co, General Motors, Nissan Motor Co, Toyota Motor Corp, Mercedes-Benz, Bayerische Motorenwerke AG, Volkswagen AG, BYD Co Ltd, Chery Automobile Co Changing technology, political turmoil and competition from China are cutting into profits and forcing carmakers to cut jobs and close factories. NYT > Business
Automakers Thrived in the Pandemic. Many Are Now Struggling.
