Category: Automotive Industry News

Automotive Industry News

Amazon to lay off 30,000 corporate employees in sweeping restructuring push

Amazon to lay off 30,000 corporate employees in sweeping restructuring push

Amazon is reportedly preparing to lay off 30,000 corporate employees in a major restructuring tied to AI automation and pandemic over-hiring, targeting roles in AWS, HR, and Devices under CEO Andy Jassy, with U.S. offices hit hardest.

Automotive Industry News

Does Renault own other car brands?

Does Renault own other car brands?

As a car enthusiast, I've always been curious about the ownership structures of various automobile companies. I recently found out that Renault, a French car manufacturer, indeed owns other car brands. They have a significant stake in Nissan and Mitsubishi, forming the Renault-Nissan-Mitsubishi Alliance. Additionally, they also own the Romanian brand Dacia and the Russian brand Lada. It's fascinating to see how these connections influence the designs and technologies of their respective vehicles.