Browsing: Automotive
Porsche announced an agreement with labor representatives to reduce its workforce by an additional 5,000 positions by 2035 as part of a restructuring program. The decision brings total planned job eliminations to approximately 9,000 positions, representing roughly 21 percent of its workforce. The initiative aims to bolster operational efficiency as the company confronts declining market share in Asia, elevated global tariffs, and sluggish demand for electric vehicles.
TOKYO, JAPAN / MENA Newswire / – Japan’s new car sales rose 1.8% in the first half of 2026, marking…
Porsche presents a one-off 911 GT3 RS by Sonderwunsch with Macadamiametallic paint, brown carbon fibre and couture design.
Mercedes-Benz unveiled the electric C-Class in Seoul, bringing its first battery-powered C-Class sedan with up to 762 km of WLTP range.
MENA Newswire, ATLANTA: Mercedes-Benz USA has unveiled the 2027 S-Class Sedan as a major update to its flagship luxury sedan, adding new…
MENA Newswire, DETROIT: Ford Motor Co. is recalling about 119,000 vehicles in the United States after federal safety regulators said a defect in…
BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles…
SHANGHAI, December 3, 2025: Tesla reported a 9.9 percent year-on-year increase in sales of its China-made electric vehicles (EVs) in November, marking the…
STUTTGART, November 19, 2025: Porsche has introduced the first fully electric version of its flagship SUV, the Cayenne, marking a pivotal moment…
BERLIN, Oct. 25, 2025: Porsche AG reported an operating loss of €967 million for the third quarter of 2025, its first quarterly…