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

    DUBAI, September 30, 2025: Fully autonomous vehicles (FAVs) could generate up to US$18.7 billion in economic value for Gulf Cooperation Council (GCC) countries by 2035, according to a new report from Strategy& Middle East, part of the PwC network. The global

    Cadillac has unveiled its latest concept vehicle, the all-electric Elevated Velocity crossover, ahead of its public debut at The Quail, A Motorsports Gathering in Carmel, California, on August 15, 2025. Designed as a high-performance 2+2 luxury crossover, the Elevated Velocity concept integrates Cadillac’s

    United States automakers are recalibrating their strategies following significant shifts in federal electric vehicle policy under President Donald Trump. Since taking office, Trump has acted to dismantle measures favoring EVs, beginning with an executive order to eliminate what he described as

    Lamborghini has unveiled the first Ad Personam edition of its newly launched Temerario, debuting in Porto Cervo, Sardinia, during the height of the summer season. The model, named Temerario “Porto Cervo” for the occasion, was introduced at a private gathering

    Mercedes-Benz has announced significant price reductions for its EQ electric vehicle (EV) lineup in the United States, in response to weakening demand and the impact of new trade tariffs introduced by former President Donald Trump. The automaker is also temporarily suspending

    Breaking News

    European leaders confirmed substantial financial commitments to strengthen medical infrastructure across the African continent ahead of the World Health Summit in Berlin. Official reports detail that the EU announces investment in health of almost €170 million to support resilient medical