In a no-holds-barred interview with the YouTube channel Robinson Erhardt, Harvard and Yale professor and prominent economist Richard Wolff delivers a brutal assessment: Europe is in decline and fast becoming irrelevant on the world stage....
Xpeng Motors is set to begin mass production of its in-house AI autonomous driving chip, “Turing,” in Q2 2025. Designed to reduce dependence on Nvidia, the Turing chip rivals the performance of Nvidia’s Thor (~700...
Lotus Cars is set to cut nearly 470 jobs in the UK — its second major round of layoffs in six months — as part of a restructuring aimed at boosting competitiveness and ensuring long-term...
Volvo’s downward trajectory continues as the company reported a 10 percent drop in global sales for March, another grim milestone in an industry battered by economic uncertainty and shifting consumer preferences. The decline, which saw...
New tariffs on vehicles threaten to further entrench the economic divide in America, pricing out more working- and middle-class consumers than seen in recent times. According to industry research, U.S. vehicle sales could plummet from...
Chinese President Xi Jinping’s upcoming meeting with executives from BMW, Mercedes, and Qualcomm is not merely a diplomatic formality—it is an act of economic triage. As foreign direct investment in China plunges by 27.1% year-on-year—the...