TCS to buy Porsche's IT unit, bags five-year deal worth $1.4 billionTCS Porsche IT unit acquisition: Porsche is a net new client for TCS and the deal will be a fresh one for the company. The acquisition will...
25 Aug, 2026, 12.10 AM IST
Volkswagen chief warns company's situation 'more than critical'Volkswagen's CEO warns of a critical state and major upheaval in the auto industry. The company faces significant challenges from global he...
23 Aug, 2026, 11.40 PM IST
- As Opel turns to Chinese partners, its hometown frets about the future
Struggling like many other European automakers, Opel is expanding its partnership with Leapmotor to build a new SUV, tapping the Hangzhou-b...
17 Aug, 2026, 12.26 AM 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
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...
07 Aug, 2026, 08.03 PM IST
Bosch Home to start AC exports from India in two years: CEO & President Jan BrockmannBosch Home Comfort Group will begin India exports within two years, aiming for global manufacturing. The company is investing eighty millio...
31 Jul, 2026, 10.35 AM IST
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 ...
29 Jul, 2026, 10.00 AM IST
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...
27 Jul, 2026, 01.26 PM IST
Confident of a 'breakout year' in FY 2027: Tata Technologies CEO & MD, Warren HarrisTata Technologies expects a significant growth year due to automotive manufacturers' increased investment. The company is securing full veh...
26 Jul, 2026, 10.39 AM IST
European shares gain as SAP lifts tech stocks; Middle East on watchEuropean shares saw a rise on Friday, recovering from previous losses. Investors reacted positively to select corporate earnings reports an...
25 Jul, 2026, 09.55 AM IST
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...
15 Jul, 2026, 11.35 AM IST
Volkswagen CEO looks to avoid plant closures as automaker moves to cut costsVolkswagen's CEO is pursuing cost cuts to improve automaker performance. He aims to avoid closing German plants while streamlining the mode...
12 Jul, 2026, 01.51 PM IST
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...
12 Jul, 2026, 10.39 AM IST
Bankruptcy boom: Businesses going broke in Europe's biggest economyGermany faces a widespread corporate insolvency crisis impacting numerous sectors. High energy costs and industrial decline are major contr...
10 Jul, 2026, 10.39 PM IST
Volkswagen rescue plan 'short on specifics' after tense stakeholder talksVolkswagen management showed little progress from stakeholder talks on Thursday. The company repeated known targets for streamlining operat...
10 Jul, 2026, 12.49 PM IST
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 ...
09 Jul, 2026, 11.24 AM IST
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...
28 Jun, 2026, 03.13 PM IST