Volkswagen to cut 100,000 jobs by end of decade in biggest restructuring in global auto industryVolkswagen has approved plans to cut 100,000 jobs by the end of the decade, marking the biggest restructuring in the global auto industry. ...
04 Sep, 2026, 06.38 AM IST
Zerodha’s growth stalls; IT’s new deal modelZerodha’s profit growth has slowed as its core broking business comes under pressure. This and more in today's ETtech Top 5.
26 Aug, 2026, 08.12 PM IST
IT firms turn to bundled deals to weather AI deflationIndian IT service providers are increasingly using structured deals that combine acquisitions with long-term service contracts. Experts say...
26 Aug, 2026, 06.00 AM IST
ETSA 2026: Jury to pick winners today; SoftBank trims Lenskart stakeThe day has arrived! The elite jury of The Economic Times Startup Awards 2026 will convene in Bengaluru today to select the brightest stars...
25 Aug, 2026, 07.44 AM IST
Stocks in news: TCS, ICICI Bank, Hindustan Copper and Piramal FinanceThe Indian equity markets experienced a downturn today, with the Nifty50 index finishing slightly above 24,200. Traders brace for heightene...
25 Aug, 2026, 06.00 AM IST
TCS to acquire Porsche IT unit MHP for €320 millionTata Consultancy Services will acquire Porsche AG's IT consulting subsidiary MHP for an enterprise value of €320 million. The acquisition i...
24 Aug, 2026, 06.57 PM IST
Volkswagen willing to cede majority control in India unit to local partner: Skoda Auto CEO Klaus ZellmerVolkswagen Group is open to ceding majority control in its Indian operations to a local partner as Skoda Auto moves closer to signing an Mo...
18 Aug, 2026, 11.23 PM IST
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. ...
11 Aug, 2026, 10.29 AM IST
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...
27 Jul, 2026, 07.30 PM IST
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...
24 Jul, 2026, 12.00 PM IST
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...
21 Jul, 2026, 11.45 AM IST
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 ...
13 Jul, 2026, 03.35 PM IST
Volkswagen Law: The unique structure behind Europe's biggest carmakerVolkswagen is reportedly planning a significant overhaul, including plant closures and substantial job cuts, sparking strong union resistan...
26 Jun, 2026, 07.01 PM IST
Porsche CEO aims to finalise new cost-cutting package by JulyPorsche's CEO anticipates a swift resolution to cost-cutting talks, aiming for employee agreement before July holidays to provide clarity. ...
20 Jun, 2026, 10.53 AM IST
Porsche's new CEO will inherit old problemsPorsche's outgoing CEO delivers a grim report. The German sports car maker faces a significant operating loss. A new CEO, Michael Leiters, ...
24 Oct, 2025, 10.57 AM IST
Porsche CEO Blume to hand over reins next year, Bild reportsIn a significant shakeup, Porsche will appoint a new CEO next year, dissolving Oliver Blume's dual leadership role. The shift comes amid in...
17 Oct, 2025, 01.09 PM IST
Forevermark's Stephen Lussier feels his kids are too big for the Porsche back seat!Lussier booked himself a Porsche 911 around four years ago, as a treat to himself and it arrived on his wife's birthday.
18 Oct, 2016, 12.40 PM IST