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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
South Korea’s automobile industry experienced a surge in overseas demand during the first half of 2024, achieving a record-breaking $37 billion in car exports. This figure represents a 3.8% increase from the same period last year, according to a report
Porsche Museum is set to transform this summer as it hosts the Porsche 4Kids summer holiday program, featuring an exciting collaboration with LEGO® Technic™. This free annual event, scheduled from July 30 to August 18, 2024, offers children a unique
The BMW M5 is set to redefine the high-performance sedan market as it launches into its seventh generation, marking a significant milestone with the integration of an electrified drive system for the first time in its 40-year storied history. The
Porsche has announced the addition of the new GTS models to its Cayenne lineup, an upgrade that combines robust power with everyday practicality. The introduction of the GTS versions, which include an SUV and a Coupé, marks the completion of
Tesla, Inc. eyes an unprecedented opportunity in India’s burgeoning electric vehicle market, as recent tax cuts pave the way for foreign manufacturers to enter the world’s third-largest auto market. India’s Ministry of Heavy Industries announced a rollback on tariffs for
Electric vehicle giant Tesla is making headlines today as it initiates a massive recall, affecting nearly all of the 2.2 million cars it has sold in the United States. The reason behind this unprecedented recall is the font size used