Breaking Bulletin uncovers a seismic shift in the auto industry: major players like Porsche, General Motors, and Ford are cutting thousands of jobs amid a rocky EV transition (Business Insider, March 13, 2025). Porsche axes 3,900 roles by 2029 (Electrek), GM trims 2,000 in 2024 (CNBC), and Ford slashes 4,000 in Europe by 2027 (Yahoo Finance), with Volkswagen, Stellantis, and Aston Martin also downsizing. Facing a 10% EV sales dip in the U.S. (Kelley Blue Book), China’s BYD dominance, and Trump’s tariff threats, these giants pivot to hybrids and cost cuts. We dive into the causes, impacts, and future. Like, share, and subscribe for expert analysis! How will this affect car prices? Comment below!
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