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MERCEDES BMW VOLKSWAGEN AUDI PORSCHE CHINA SALES
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...
Volkswagen owners urge urgent action to cut costs, fend off China rivalsVolkswagen's controlling families are urging management to act now. They emphasize the company's historic crossroads and need for sustainab...
Europe swelters as heat wave grips continent, Italy issues nationwide red alertItaly issued its highest heat alert across major cities as Europe faced extreme weather. Record temperatures were recorded in Austria, whil...
Honda outsources new vehicle program to Tata Tech to cut costsHonda has outsourced a new vehicle platform development to Tata Technologies. This move aims to significantly reduce costs and accelerate i...
Audi India plans six new car launches in 18 months to revive sales, double luxury market shareAudi India is gearing up for a major rollout, unveiling six new models within the next eighteen months. Targeting a twofold increase in lux...
JSW, Volkswagen plan new set of wheels to drive tie-upJSW Group plans a new entity for its Volkswagen alliance talks. This partnership will focus on mass-market VW and Skoda vehicles. Manufactu...
Kangana Ranaut's Rs 30 crore Manali mansion has eight mountain-view bedrooms and a rooftop glass conservatory; here's a look inside her Himalayan homeKangana Ranaut's Manali mansion, reportedly acquired for Rs 30 crore, sits 2,000 metres above sea level in the Himalayas and features eight...
School Assembly News Headlines, July 31, 2026: Top national, international, business, sports updates and thought of the dayParliament passed the Vande Mataram Bill, granting national song legal protection. Delhi Police reviews arrests amid NEET-UG protests, whil...
BMW CEO vows to overhaul business after disappointing first halfThe company's forecast range of 1% to 3% for its core operating margin includes a 1.25 percentage-point burden from workforce restructurin...
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 ...
Audi unveils Q9, its biggest SUV yet: Price, specs, features, here's everything to knowAudi has unveiled its largest and most expensive SUV, the Q9, as its new flagship model. This full-size SUV will be available for order in ...
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...
Porsche to cut another 5,000 jobsPorsche will eliminate another five thousand jobs by the year 2035. This decision follows previous job cuts and is part of restructuring me...
Audi must work with Volkswagen to realign business, says CFOAudi's finance chief stated the premium brand needs restructuring with Volkswagen. Declining sales in China and the United States are creat...
Volkswagen scraps revenue growth forecast as tariffs, China weighVolkswagen now expects sales revenue to decline by up to three percent this year. The company announced a radical overhaul to counter costl...
Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...
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...
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....
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 ...