Automotive
The German industrial landscape may soon undergo an unexpected transformation. Faced with ongoing challenges in its automotive business, Volkswagen is considering the sale of its Osnabrück plant in Lower Saxony, with the aim of giving this site a new purpose in the air defense sector. The German manufacturer......
Bentley takes a significant step forward with the Torcal, its first fully electric model. Weighing nearly 2.7 tons, this new luxury SUV boasts over 850 horsepower, accelerates from 0 to 100 km/h in under three seconds, and offers a range of up to 600 kilometers. This impressive feat marks a break from......
The German industrial landscape of Volkswagen could undergo a major transformation over the next decade. The management of the automaker is considering gradually ending production at four of its German sites between 2031 and 2034, according to reports on Tuesday from the German economic media WirtschaftsWoche. The......
The future of several Volkswagen factories in Germany is becoming bleak as the manufacturer compares its production costs with those of its other European locations. CFO Arno Antlitz acknowledged that no economically viable replacement production has currently been identified for four German sites following......
The former member of Volkswagen's supervisory board, Marianne Heiss, is set to reclaim her seat ahead of a strategic meeting scheduled for September 4. She is expected to replace Susanne Wiegand and may also take over the presidency of the audit committee, according to the German daily Handelsblatt. Volkswagen......
Audi has officially introduced the new Q9, a large luxury SUV designed to compete with established models such as the BMW X7 and Mercedes-Benz GLS. The vehicle combines a spacious interior, advanced technology and a range of powerful engines, positioning it as a new flagship in Audi's SUV lineup. Measuring......
Germany recalled around 1.78 million vehicles in 2025 after authorities identified various technical defects during market inspections and safety checks, according to data from the country's Federal Motor Transport Authority. The number of vehicles affected by recall campaigns fell by approximately......
German automaker BMW is preparing to reduce its workforce by around 8,000 positions by the end of 2027 as part of a voluntary departure program agreed with employee representatives. The measure comes as the luxury car manufacturer faces weaker demand in key markets and growing pressure to improve efficiency. According......
BMW has announced plans to reduce its workforce in Germany by several thousand employees through a voluntary redundancy programme, as the premium automaker intensifies efforts to improve efficiency amid weakening demand in key international markets. The company confirmed on Wednesday that it had reached......
Mercedes-Benz delivered mixed financial results in the second quarter of 2026, with stronger operating profitability offsetting a decline in revenue and weaker global vehicle sales. The German automaker benefited from solid performances in its financial services and commercial vehicle divisions, but......
Mercedes-Benz is preparing to defend its position in the United States as political scrutiny over Chinese-linked investments intensifies, with the company's leadership signaling its readiness to adapt to any new regulatory framework that could affect its operations. Speaking alongside the release......
Audi is preparing to deepen its collaboration with parent company Volkswagen as the premium carmaker seeks to reposition its business in response to weakening demand in key international markets and growing pressure across the global automotive industry. The strategic direction was outlined by Audi......
German automaker Volkswagen posted a steep decline in second-quarter earnings after weaker sales in China and significant one-off charges weighed heavily on its financial performance. The disappointing results underline the mounting challenges facing one of Europe's largest car manufacturers as global......
