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GERMAN CARMAKERS CHINA
Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...- Volkswagen plans US reboot with pickup, new leadership: ReportVolkswagen is planning a significant overhaul of its United States strategy. New management will lead the company's revised product offerin...
- BMW aims to cut 8,000 jobs by end 2027, source saysBMW plans voluntary redundancy for nearly half its German workforce. This move aims to reduce approximately eight thousand jobs by the end ...
- School Assembly News Headlines, July 29, 2026: Top national, international, business, sports updates and thought of the dayDelhi government approved the Lakshmi Yojana scheme for women's financial aid. The Supreme Court ordered safeguards for NEET protestor data...
- Mercedes Benz reports Q2 profit boost but flags China woes for car salesMercedes-Benz saw a profit increase but faces challenges ahead. The automaker now expects overall sales to decline in 2026. This forecast i...
- Meet the 'most beautiful woman in the world' Hedy Lamarr: The Hollywood icon who escaped Nazi Europe, invented a World War II radio signaling system and earned the title 'mother of Wi-Fi'Hedy Lamarr, a famous Hollywood actress, was also a brilliant inventor. Hedy escaped Nazi Europe and developed a frequency-hopping communic...
- Volkswagen eyes JSW lifeline in India as group weighs majority stakeVolkswagen is in advanced discussions with India’s JSW Group for a local partnership. The German automaker seeks fresh capital and a strong...
- Volkswagen workers to grill CEO on overhaul threatening 140,000 jobs, works council saysVolkswagen's works council will host staff assemblies with CEO Oliver Blume in August. Workers can question him about plans that threaten u...
- China's latest 'shock', German auto pain and the euro/yuan pressure cookerChina's export engine is posting a large trade surplus, defying global challenges and trade tensions. Chinese exports climbed significantly...
- BMW races to catch up in a Chinese EV market that won't slow downBMW faces declining sales in China after two years of reduced performance. The automaker's new electric cars are set to launch in November....
- Volkswagen CEO says 50,000 more job cuts may be needed to close competitive gapVolkswagen's CEO revealed plans for up to 50,000 additional job cuts. This move aims to match rival automakers' competitiveness and reduce ...
- Car crisis takes toll on Germany's young engineersGerman engineers like Max Peil struggle to find employment despite qualifications. The nation's automotive sector faces painful adjustments...
- Unions to protest as Volkswagen thrashes out job cut plansGerman auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...
- Volkswagen key shareholder pitches producing Chinese car models in GermanyGermany's Lower Saxony premier, a major Volkswagen shareholder, suggested producing China-developed models locally to secure jobs and boost...
- US curbs on AI spur European firms to spread the riskEuropean companies are diversifying AI providers due to US access limits, highlighting a need for domestic alternatives. Major firms like S...
- US curbs on AI spur European firms to spread the riskEuropean firms are diversifying AI providers due to U.S. access limits, highlighting a need for domestic alternatives. Companies like Sieme...
- Global Markets| European shares flat as investors await Iran deal details, Fed policy; BMW slidesEuropean markets held firm today, with investors keenly awaiting developments regarding potential peace talks between the U.S. and Iran, al...
- Hot wheels got intelligent: Carmakers are device-fying, and tech companies making cars are bringing their world view with themThe automobile is transforming into a smart device. Traditional carmakers face a challenge as software and data become more valuable than h...
- Opel puts China entry on hold as trade tensions riseChina's strict zero-Covid policy, which has led to rolling lockdowns, and the escalation of tensions over Taiwan had also made it "difficul...
- German cars off their primeGerman cars are too big, costly and polluting. The challenge is now from Toyota and Chinese upstarts like Chery and Geely.
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