Finance News – Auto Industry
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Quartz • May 27, 2025
Volvo is cutting 15% of its office workers as it grapples with tariffs
Volvo Cars plans to reduce its global office workforce by approximately 3,000 positions in response to increased trade restrictions, reflecting broader economic challenges faced by...
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Globe and Mail Investing • May 16, 2025
The lowest fixed and variable mortgage rates for the week
Recent mortgage rate trends reflect underlying economic shifts influenced by job losses in the auto sector and a temporary rise in federal election employment, thereby affecting ov...
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The Guardian – Business • May 14, 2025
The Cybertruck was supposed to be apocalypse-proof. Can it even survive a trip to the grocery store?
Tesla’s Cybertruck has struggled to attract its intended niche market, leading to financial challenges that reflect the gap between its ambitious design and consumer acceptance.
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