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

The U.S. government is pushing forward with a significant expansion of its electric vehicle (EV) charging network, announcing a substantial $521 million in grants aimed at enhancing the nation’s infrastructure. This funding initiative, part of a broader effort by the

Canada is set to implement significant tariffs on electric vehicles (EVs) manufactured in China, including those produced by BYD, as part of a broader strategy to protect its automotive industry. The Canadian Department of Finance announced that these tariffs aim

Mercedes-Maybach has unveiled the SL 680 Monogram Series, marking a significant addition to its luxury lineup with the launch set for spring 2025 in Europe. This sporty two-seater combines the distinctive elegance and craftsmanship expected of Maybach with a uniquely

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