Big car part makers are changing things up! They're cutting costs because they're worried about selling fewer cars, especially electric ones. It's a tough time for the car industry.
- Companies are cutting thousands of jobs.
- They're spending less money on making new electric car parts.
- Some companies are getting rewarded for saving money.
| Company | Action | Result |
|---|---|---|
| Lear Corp. | Cut 15,000 jobs | Improved efficiency |
| Dana | Cost-cutting plan ($300 million) | Stock price up 40% |
