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

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

Mercedes-Benz has announced significant price reductions for its EQ electric vehicle (EV) lineup in the United States, in response to weakening demand and the impact of new trade tariffs introduced by former President Donald Trump. The automaker is also temporarily suspending

Tesla has launched a redesigned version of its Model Y electric SUV in major global markets, including China, Europe, North America, and the UAE. The refreshed model, referred to internally as “Juniper,” introduces exterior styling changes, improved range, and new interior technology aimed at

Mercedes-Maybach has introduced its exclusive SL 680 Monogram Series, bringing new levels of performance and luxury to the high-end roadster segment. Designed as an elite variant of the Mercedes-AMG SL, the new model combines signature Maybach craftsmanship with powerful engineering

Japanese automaker Nissan has announced a sweeping global restructuring plan that includes cutting an additional 11,000 jobs and shutting down seven manufacturing plants. The decision comes in response to mounting financial pressure caused by declining sales in key markets, intensified