BERLIN — Volkswagen's supervisory board is scheduled to meet July 9 to consider a sweeping restructuring plan that could include plant closures, job cuts and changes to the automaker's corporate structure as it seeks to address mounting financial and competitive pressures.
EDINBURGH—China’s growing dominance in the electric vehicle market will threaten foreign brands and spark global debate in 2024, according to a recent report by energy research and consulting firm Wood Mackenzie.
DETROIT—General Motors will sell a vehicle made in China in the United States next year, becoming the first major U.S. automaker to do so. The move was quickly denounced by the UAW, which branded it “a slap in the face” and called for an immediate rethink.
