DAILY ROUNDUP | SEP 08 | JLR Cuts 4K, VW 50K, CyberCab Probe, Ford 160K
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Automakers are cutting jobs, shrinking lineups, delaying EVs, and squeezing suppliers while still trying to sell the public on a high-tech future.
Today’s episode breaks down Jaguar Land Rover targeting £1.7 billion in savings and cutting 4,000 jobs, Volkswagen planning capacity cuts that could affect up to 50,000 jobs, automakers retreating from EV-only strategies toward hybrids and extended-range EVs, Ford’s 160,000-vehicle recall pressure, and NHTSA scrutinizing Tesla’s…
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