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
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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
Porsche has presented a one-off 911 GT3 RS created through its Sonderwunsch programme, combining the track-focused sports car with a bespoke design treatment inspired by haute couture. The vehicle is finished in Macadamiametallic from the Paint to Sample range and
SEOUL: Mercedes-Benz on Monday unveiled the all-new electric C-Class at a world premiere in Seoul, introducing the first battery-electric version of one of its best-known sedan nameplates and placing one of the brand’s core products into the premium EV market. The launch
MENA Newswire, ATLANTA: Mercedes-Benz USA has unveiled the 2027 S-Class Sedan as a major update to its flagship luxury sedan, adding new lighting signatures, a revised cabin technology stack and expanded personalization choices. The automaker said the model introduces an illuminated front
MENA Newswire, DETROIT: Ford Motor Co. is recalling about 119,000 vehicles in the United States after federal safety regulators said a defect in certain engine block heaters can raise the risk of an under-hood fire when the heater is plugged in. The recall
BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles after sustained pressure from automakers and several member states, marking a significant policy adjustment in the bloc’s long-term climate agenda.
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 company’s strongest growth in more than a year, according to data released by the China Passenger Car Association (CPCA). The
STUTTGART, November 19, 2025: Porsche has introduced the first fully electric version of its flagship SUV, the Cayenne, marking a pivotal moment in the brand’s electrification program. The new Cayenne Electric delivers up to 850 kW, equivalent to 1,156 PS, accelerating from zero to
BERLIN, Oct. 25, 2025: Porsche AG reported an operating loss of €967 million for the third quarter of 2025, its first quarterly loss since the company went public in 2022. The result compares with an operating profit of €974 million in the