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

Ford Performance has unveiled the new Ford Raptor T1+, a vehicle crafted to dominate the Dakar Rally and other challenging off-road competitions. The truck, which represents the zenith of the Raptor series, made its debut at the Goodwood Festival of

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

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