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

    The U.S. government is pushing forward with a significant expansion of its electric vehicle (EV) charging network, announcing a substantial $521 million in grants aimed at enhancing the nation’s infrastructure. This funding initiative, part of a broader effort by the Biden administration,

    Mercedes-Maybach has unveiled the SL 680 Monogram Series, marking a significant addition to its luxury lineup with the launch set for spring 2025 in Europe. This sporty two-seater combines the distinctive elegance and craftsmanship expected of Maybach with a uniquely dynamic

    Ford Performance has unveiled the new Ford Raptor T1+, a vehicle crafted to dominate the Dakar Rally and other challenging off-road competitions. The truck, which represents the zenith of the Raptor series, made its debut at the Goodwood Festival of Speed and is a product of

    The BMW M5 is set to redefine the high-performance sedan market as it launches into its seventh generation, marking a significant milestone with the integration of an electrified drive system for the first time in its 40-year storied history. The new M5

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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