Volkswagen is moving from a growth forecast to a sales decline while weighing up to 100,000 job cuts, and that pressure shows how expensive the EV transition has become for legacy automakers.

Today’s episode breaks down proposed China-tech restrictions, Honda pausing the Ridgeline while the CR-V surges, Ford’s 565,691-vehicle Bronco fire-risk recall, and why dealers are struggling to scale direct-to-consumer used-car buying even when people are willing to sell.

Today's Key Headlines

~Volkswagen reverses from up to 3% expected growth to a projected 3% sales-revenue drop

~Volkswagen’s quarterly operating profit hits €3.5 billion versus a €4.3 billion analyst consensus

~Volkswagen is considering up to 100,000 job cuts and alternative uses for factory capacity

~Non-China automotive modules can cost 5% to 15% mor ...