Stellantis to shutter and sell large testing facility amid cost-cutting efforts
Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, ...
Tag: costcutting
Battery giant Northvolt to lay off staff in huge cost-cutting drive amid EV market slowdown
A Northvolt building in Sweden, photographed in February 2022.Mikael Sjoberg | Bloomberg | Getty ImagesNorthvolt, a key battery producer for ...
Stellantis CEO says ‘EV race has become a cost-cutting race’ in warning to EU auto workers
Europe’s carmakers haven’t been shy to make their thoughts known on the millions of cheap Chinese electric vehicles flooding the ...
Barclays down 6.5% after warning of fourth-quarter cost-cutting charges
LONDON — Barclays shares retreated on Tuesday as investors assessed the prospect of cost-cutting charges, pressure on domestic interest margins ...
