Automotive

German luxury sports car manufacturer Porsche announced an agreement with labor representatives on Monday 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 across the

Japan’s new car sales rose 1.8% in the first half of 2026, marking a second straight first-half gain for the domestic auto market. Automakers sold 2,387,189 new vehicles from January through June, including minivehicles. The increase followed a stronger second

Tesla, Inc. eyes an unprecedented opportunity in India’s burgeoning electric vehicle market, as recent tax cuts pave the way for foreign manufacturers to enter the world’s third-largest auto market. India’s Ministry of Heavy Industries announced a rollback on tariffs for EVs, potentially

Electric vehicle giant Tesla is making headlines today as it initiates a massive recall, affecting nearly all of the 2.2 million cars it has sold in the United States. The reason behind this unprecedented recall is the font size used for the

Porsche, the renowned luxury automaker, has unveiled its latest masterpiece, the all-electric Macan. With powertrains boasting up to 639 horsepower and a staggering electric range of up to 784 kilometers, this SUV sets new standards in the world of electric

In a significant shift in its electric vehicle (EV) strategy, Ford Motor Company announced on Friday a reduction in the production of its F-150 Lightning pickup truck, reflecting a broader slowdown in EV demand. The decision marks a notable change for the

Europe’s auto industry is confronting unexpected challenges as car sales experienced a downturn in December, ending a 17-month streak of growth. The European Automobile Manufacturers’ Association reported a 3.8% drop in new-vehicle registrations, with a total of 1.05 million units sold. The