Browsing: 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

BUDVA: The FIA has expanded its Safe Mobility 4 All & 4 Life programme into Africa and the Middle East, widening a road safety initiative aimed at helping local authorities and mobility organizations develop practical safety projects. The announcement was

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.

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

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

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

WASHINGTON, October 9, 2025: U.S. auto safety regulators have opened a formal investigation into nearly 2.9 million Tesla vehicles equipped with the company’s Full Self-Driving (FSD) system following reports of traffic violations and multiple crashes involving the software. The National Highway Traffic Safety

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