Western automakers are increasingly looking at defense contracts as a way to boost revenues and utilize excess capacity. Companies like For...

Starting Oct. 1, four units within the top division, Digital Industries, will combine into a single automation business. Connecting sales, ...

India is investigating LG Electronics and Samsung for allegedly paying lower tariffs on imported display parts of high-end TVs, five source...

In a recent meeting, Volkswagen's employee representatives expressed the urgent need for management and policymakers to take decisive actio...

Volkswagen's strategic overhaul may lead to the discontinuation of its Seat brand. This move signals significant industry consolidation ami...

JSW Group and Volkswagen have signed a non-binding MoU for a new alliance. This partnership aims to strengthen competitiveness through expa...

Jaguar Land Rover plans significant job cuts over two years due to rising costs and competition. The UK government will not provide financi...

Tata-owned Jaguar Land Rover plans to cut about 4,000 UK jobs over two years as it targets £1.7 billion in savings. The move comes as JLR b...

Volkswagen India is accelerating a three-year restructuring plan to cut jobs. The company aims to reduce its workforce by about twelve perc...

European shares edged lower on Friday as investors stayed cautious ahead of key U.S. jobs data, while Volkswagen shares jumped 6% after the...

PayPal has cut around 220 jobs in India as part of a broader, multi-year transformation aimed at simplifying operations and reducing costs....

Volkswagen has approved plans to cut 100,000 jobs by the end of the decade, marking the biggest restructuring in the global auto industry. ...

German automakers face high labor costs and foreign competition. Calls are rising to extend the standard 35-hour work week to 40 hours. Thi...

VinFast has temporarily halted development and local manufacturing plans for three electric vehicles in India, asking suppliers to stop wor...

Volkswagen employees express significant concerns over proposed job reductions and factory shutdowns as CEO Oliver Blume unveils restructur...

Porsche shares faced pressure as investors assessed its €320 million MHP sale to TCS and a €1.25 billion technology partnership. The deal s...

Volkswagen's CEO warns of a critical state and major upheaval in the auto industry. The company faces significant challenges from global he...