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

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

MENA Newswire News Desk: The European Union will proceed with imposing significant tariffs on Chinese-made electric vehicles (EVs), despite opposition from key member Germany, the EU Commission announced Friday. The move, which follows a contentious vote, marks the bloc’s largest

MENA Newswire News Desk: Battery electric vehicles (BEVs) in Germany are increasingly dominated by sports utility vehicles (SUVs), with 51% of all new BEV registrations in the first two-thirds of the year being SUVs, according to government data reported by

MENA Newswire News Desk: Volkswagen may face the grim prospect of slashing 15,000 jobs amid escalating financial pressures, with analysts predicting closures of multiple production plants in Germany. The company, one of the cornerstones of Germany’s economy, is grappling with