germany
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Automotive
Audi Announces Plans To Cut 7,500 Jobs In Germany By 2029
This massive workforce reduction at Audi comes in the aim to save €1 billion in the medium term. If news…
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Automotive
Porsche Targets To Cull Another 1,900 Jobs Over Next 4 Years
This upcoming drastic workforce shrinkage comes after an existing restructuring program at Porsche was deemed insufficient. Just in case anyone…
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Automotive
Volkswagen To Shut 3 Plants & Enact Mass Layoffs In Cost Cut Bid
This latest drastic cost cutting measure from Volkswagen comes amid stiff Chinese competition. Volkswagen is apparently planning to shut at…
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Automotive
Slow Sales See Mercedes-Benz Scale Back S-Class Production
S-Class sales have apparently dropped by 37% this first quarter relative to the same period last year. While it is…
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Automotive
Renowned Car Seat Supplier Recaro Has Filed For Bankruptcy
This bankruptcy filing came just four years after Recaro Automotive was sold to a private equity firm. Renowned German car…
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Automotive
China Mulls Retaliatory Tariffs On Large-Engined European Cars
Chinese automakers are calling for a 25% tariff on European cars with large engines sold in China. In a tit-for-tat…
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Automotive
Tesla Aims To Enter The Indian Market With EVs Made In Germany
These German-made Tesla EVs will serve as a stopgap before local production in India begins. While there has long been…
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Automotive
Porsche’s Leipzig Plant Named Factory Of The Year By Kearney
This Porsche Smart Factory in Leipzig currently churns out its Macan and Panamera models. Global management consulting firm, in conjunction…
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Automotive
Five Petroleum Aims To Locally Assemble German RVs In Malaysia
Five Petroleum also aims to establish RV-ready sites at its stations, as well as develop RV parks in future. …
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