Polestar’s Strategic Shift: Trimming Workforce to Navigate Market Turbulence
In the face of ‘challenging market conditions,’ Polestar, the electric vehicle (EV) arm of Volvo, is set to reduce its global workforce by approximately 15%, which translates to around 450 employees facing job cuts. This strategic decision made by the car manufacturer owned by Geely is a direct reaction to falling short of the sales […]
Ford’s Maverick Hybrid Pickup Charges Ahead with Record Sales!
Ford Motor Co. is revving up the market with some electrifying news! January 2023 has been a month of milestones for the Dearborn automaker, with a sales surge that’s nothing short of spectacular. The Maverick hybrid pickup, a true underdog in the automotive world, has soared a jaw-dropping 118% in sales from the previous year. […]