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Automotive
German luxury sports car manufacturer Porsche announced an agreement with labor representatives on Monday to reduce its workforce by an additional 5,000 positions by 2035 as part of a restructuring program. The decision brings total planned job eliminations across the
Japan’s new car sales rose 1.8% in the first half of 2026, marking a second straight first-half gain for the domestic auto market. Automakers sold 2,387,189 new vehicles from January through June, including minivehicles. The increase followed a stronger second
Porsche has presented a one-off 911 GT3 RS created through its Sonderwunsch programme, combining the track-focused sports car with a bespoke design treatment inspired by haute couture. The vehicle is finished in Macadamiametallic from the Paint to Sample range and
BERLIN, Oct. 25, 2025: Porsche AG reported an operating loss of €967 million for the third quarter of 2025, its first quarterly loss since the company went public in 2022. The result compares with an operating profit of €974 million in the
WASHINGTON, October 9, 2025: U.S. auto safety regulators have opened a formal investigation into nearly 2.9 million Tesla vehicles equipped with the company’s Full Self-Driving (FSD) system following reports of traffic violations and multiple crashes involving the software. The National Highway Traffic
Cadillac has unveiled its latest concept vehicle, the all-electric Elevated Velocity crossover, ahead of its public debut at The Quail, A Motorsports Gathering in Carmel, California, on August 15, 2025. Designed as a high-performance 2+2 luxury crossover, the Elevated Velocity concept integrates Cadillac’s
United States automakers are recalibrating their strategies following significant shifts in federal electric vehicle policy under President Donald Trump. Since taking office, Trump has acted to dismantle measures favoring EVs, beginning with an executive order to eliminate what he described as
Dodge has announced that starting August 13, 2025, every model in the 2026 Dodge Durango lineup will come standard with a HEMI V-8 engine. This marks the first time the entire Durango range, from the base GT to the high-performance
Lamborghini has unveiled the first Ad Personam edition of its newly launched Temerario, debuting in Porto Cervo, Sardinia, during the height of the summer season. The model, named Temerario “Porto Cervo” for the occasion, was introduced at a private gathering