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

    Tesla has launched a redesigned version of its Model Y electric SUV in major global markets, including China, Europe, North America, and the UAE. The refreshed model, referred to internally as “Juniper,” introduces exterior styling changes, improved range, and new interior technology aimed at

    Mercedes-Maybach has introduced its exclusive SL 680 Monogram Series, bringing new levels of performance and luxury to the high-end roadster segment. Designed as an elite variant of the Mercedes-AMG SL, the new model combines signature Maybach craftsmanship with powerful engineering

    Japanese automaker Nissan has announced a sweeping global restructuring plan that includes cutting an additional 11,000 jobs and shutting down seven manufacturing plants. The decision comes in response to mounting financial pressure caused by declining sales in key markets, intensified competition, and the

    Goodyear has unveiled a breakthrough in tire technology with the integration of advanced sensors capable of detecting hazardous road conditions, offering significant improvements in vehicle safety. This innovation, developed in collaboration with TNO, a Netherlands-based independent research organization, aims to enhance the

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    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