#automotive industry
articles
Allianz Trade: Germany's Large Corporate Insolvencies Keep Rising, Autos Hit Hardest
Large insolvencies in Germany rose 10% in H1 2026 to 33, after 2025's 94 was the highest since records began. Automotive...
Volkswagen Prepares Workers for Overhaul That Could Cut 120,000 Jobs
CEO Oliver Blume tells staff the situation is ‘more than critical’ as the group plans to halve its model range by 2035; ...
Ford Says $2B Louisville Plant Overhaul Is on Track for Fathom EV Truck
Prototype builds of the sub-$30,000 Fathom are set for Q1 2027 as Ford shifts to a three-branched assembly system and Te...
German Auto Industry Employment Falls Below 700,000, Lowest Since 2005
Official data show 42,300 German auto jobs disappeared in a year, with parts suppliers hit hardest as the wider manufact...
Hiroshi Okuda, Toyota President Who Championed the Prius, Dies at 93
The former boss of Toyota, the first outsider to lead the firm in decades, oversaw the launch of the pioneering hybrid P...
Kazakhstan's Car Market Hits 234,852 Sales in 2025, But Warning Signs Flash as Discounts Dominate
Record new-car sales driven by cheap credit and localization mask a simmering price war, margin squeeze, and slowing dem...
The Ford Carousel: The Minivan That Never Was, and the Corporate Drama That Created Chrysler’s Success
How Ford’s canceled 1970s minivan concept, the oil crisis, and a high-profile firing reshaped the American auto industry...
Ferrari Luce EV Hits First-Year Sales Target of Nearly 500 Units: Report
Ferrari's first electric car has reportedly lined up buyers for its entire first-year run of just under 500 units, drive...
Mercedes GLA Goes Electric with 408-Mile Range, 800V Tech in Bid for Compact Premium Buyers
The redesigned Mercedes GLA adds fully electric and hybrid powertrains, a striking illuminated grille from the brand's l...
Ford Argentina Trims Ranger Output as Regional Demand Stalls
Ford is dialling back the assembly speed of its Ranger pickup in Argentina by roughly 17 % from October, citing softer-t...
BMW to Cut 8,000 Jobs—Half in Germany—as New CEO Slashes Costs Amid Margin Slump
BMW's new chief Milan Nedeljković unveiled a voluntary redundancy plan affecting 5% of the global workforce, with German...
Audi Q9 Becomes Brand’s Largest SUV, Targeting BMW X7 and Mercedes GLS with Tech and Power
Audi has launched the Q9, its biggest and most technologically advanced SUV, aimed at the BMW X7 and Mercedes GLS. Price...
BMW to Cut 8,000 Jobs in Global Restructuring as New CEO Targets €1bn Savings
The German automaker will launch voluntary buyouts and early retirements from October, targeting non-production roles in...
Delhi Mandates Electric Vehicles for Most New Registrations, Phasing Out Gas Models
India’s capital launches a $1.5 billion EV policy with subsidies, tax waivers, and a phase-out of new gas two- and three...
Porsche Supervisory Board Backs Restructuring Plan That Could Cut Thousands More Jobs
Porsche's supervisory board has thrown its weight behind management's cost-cutting drive, with media reports suggesting ...