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VW, Union Agree to Unprecedented 35,000 Job Cuts

VW, Union Agree to Unprecedented 35,000 Job Cuts

In an unprecedented compromise, Volkswagen reached an agreement with its German labor union to cut as many as 35,000 jobs in Germany – though the automaker agreed not to order immediate layoffs or plant closures and dropped a demand for 10% wage cuts. The move avoided a mass walkout by members of the IG Metall union but is billed as a way to curb VW’s bloated labor costs, among the industry’s highest.

Honda to Take Lead in Planned Merger with Nissan

Honda to Take Lead in Planned Merger with Nissan

Honda and Nissan will merge under a new holding company, the automaker’s announced, confirming months of rumors, with the smaller of the Japanese automakers effectively taking control of the new alliance. Mitsubishi, which was rescued by Nissan in 2016, has yet to decide whether to become part of the alliance. And Renault, which bailed out Nissan in 1999, plans to determine what role it may have going forward.

Toyota Investment Aimed at Lowering EV Charging Costs, Stabilizing The Power Grid

Toyota Investment Aimed at Lowering EV Charging Costs, Stabilizing The Power Grid

There’s been a lot of focus on building up the public EV charging network but the vast majority of owners routinely charge at home. Toyota is helping secure $28 million in funding for startup WeaveGrid in a bid to make home charging easier and more affordable – while also ensuring that the nation’s electrical infrastructure can handle the addition of millions of battery-powered vehicles.

First Drive: 2025 Kia K4 — More than Just a New Name

First Drive: 2025 Kia K4 — More than Just a New Name

It came as far from a surprise when Kia confirmed plans to introduce a new version of its long-in-the-tooth Forte sedan at the New York Auto Show last spring. Nor were we shocked to learn the new model would get an entirely new name. But, after finally getting a chance to drive the 2025 Kia K4, we were struck by just how much better it is than the outgoing four-door model. Here’s our review.