“Cannot Continue”: Volkswagen Hits the Gas on Cost Cuts Amid Tepid EV Demand, Increased Chinese Competition
(DCNF)—Volkswagen (VW) said Wednesday that it needs to cut costs amid slackening consumer demand for electric vehicles (EVs) and weaker...
“A Dire Spiral”: Used Electric Vehicle Prices Are Cratering Amid Slackening Consumer Demand
(DCNF)—Resale values for electric vehicles (EVs) have cratered as a slackening of consumer demand has weighed down prices. Automakers have...
Kamala Harris Says She Aims to Make the Rich “Pay Their Fair Share” While Her Uber Executive Brother-in-Law Courts Billionaire Donors
(DCNF)—Vice President Kamala Harris’ brother-in-law and campaign adviser has led roundtables seeking policy perspectives from billionaire executives while she’s claimed...
Manufacturing Jobs Continue to Dwindle Despite the Harris-Biden Regime Allocating Hundreds of Billions in Subsidies
(DCNF)—The U.S. economy hemorrhaged manufacturing jobs in August despite the Biden administration’s attempt to boost the industry with hundreds of...
Yet Another Automaker Backs Off Its Big EV Push After Realizing Most Consumers Aren’t Interested
(DCNF)—Swedish automaker Volvo Cars said on Wednesday that it is scrapping its goal of going fully electric by 2030 as...