Carmakers

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German auto woes deepen: Audi to cut 7,500 jobs by 2029 amid rising Chinese competition and EV slowdown
Retail

German auto woes deepen: Audi to cut 7,500 jobs by 2029 amid rising Chinese competition and EV slowdown

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March 18, 2025
An entrance to the Ferrari NV headquarters and automobile plant in Maranello, Italy, on Tuesday, Feb. 7, 2023. Speaking at Ferraris Maranello headquarters, Ferrari Chief Executive Officer Benedetto Vigna, 53, credited Tesla with accelerating change within an industry steeped in engine cylinders.
Retail

Newly minted millennials and Gen Z now make up 40% of new Ferrari buyers

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March 17, 2025
Employees package beech wood smoked currywurst sausages on the production line in the Volkswagen AG (VW) manufacturing plant in Wolfsburg, Germany, on Thursday, March 12, 2020. This week VW made its highest employee bonus payment since 2015, the automaker's works council said in a staff newsletter.
Retail

Volkswagen’s own-brand currywurst sausage proves almost as popular as its cars amid automotive sales decline

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March 14, 2025
A view of a Leopard 2 tank at a production line as German Chancellor Olaf Scholz and Defence Minister Boris Pistorius attend the groundbreaking ceremony for a new munitions factory of German defence contractor Rheinmetall on February 12, 2024 in Unterluess, Germany. The war in Ukraine has been a boon to Rheinmetall as Germany seeks to provide Ukraine with munitions, including artillery shells, and also increase its own supply.
Finance

Germany’s biggest weapons contractor—now worth more than Volkswagen—could literally be moving onto carmaker’s turf

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March 13, 2025
Chariman of Stellantis, chairman of Ferrari and CEO of Exor John Elkann (R) speak during the Artificial Intelligence (AI) Action Summit, at the Grand Palais, in Paris, on February 10, 2025.
Retail

As Stellantis posts 70% profit plunge, fresh inventory data suggests U.S. price cuts may be working

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February 28, 2025
British luxury carmaker Aston Martin cuts 170 jobs as Chinese demand slumps and losses soar
Retail

British luxury carmaker Aston Martin cuts 170 jobs as Chinese demand slumps and losses soar

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February 26, 2025
Luxury sports car Supercar Ferrari F12 Berlinetta in the city street near the casino.
Lifestyle

Ferrari contemplates pre-defined color combinations to stop the rise of ‘strange’ cars

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February 6, 2025
China has quickly become an automotive powerhouse, with carmaker BYD front and center.
Commentary

Trump tariffs: Stealing from the China playbook—to boost car making in America

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February 4, 2025
Arno Antlitz, Chief Financial Officer (CFO) of Volkswagen AG, sits for a photo op in an ID after the annual press conference where the automaker's full 2022 financials were presented.
Leadership

Volkswagen CFO delivers broadside to unproductive workers as China emerges as a potential buyer of factories

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January 16, 2025
Tim Kuniskis, head of Jeep brand North America at Fiat Chrysler Automobiles NV, stands for a photograph next to a vehicle during AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California, U.S., on Wednesday, Nov. 28, 2018.
Success

Stellantis exec says European carmaker was ‘anti-American’ when it messed with customers’ ‘freedom of choice’

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January 15, 2025
Magna CEO Swamy Kotagiri
Commentary

Magna CEO: Amid automotive industry transformation, collaborative risk and reward sharing is key

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January 14, 2025
Jennifer Granholm, Secretary, U.S. Department of Energy.
Commentary

Jennifer Granholm: Hit reverse on EV investments and China wins the race

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January 9, 2025
Visitors look at truck applications on the Robert Bosch GmbH booth at the IAA Transportation fair in Hannover, Germany, on Monday, Sept. 16, 2024. The commercial vehicle exhibition runs until Sept. 22.
Tech

Manufacturing giant Bosch, blighted by German economy, turns to U.S. with multimillion-dollar bet on first-ever Super Bowl ad

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January 8, 2025
Carlos Tavares, chief executive officer of Stellantis NV, during a Bloomberg Television interview at the Paris Motor Show in Paris, France, on Monday, Oct. 14, 2024.
Success

As car dealers trash his legacy, ex–Stellantis CEO Carlos Tavares says he wouldn’t act differently

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December 16, 2024
An associate demonstrates maintenance work on a testing machine for chips with augmented reality glasses, a computer-based enhancement of reality perception, during a press tour for "Bosch Tech Day" at Bosch's semiconductor factory.
Finance

German giant Bosch’s workers left in ‘absolutely unbearable’ environment amid plans for up to 10,000 layoffs

By
December 12, 2024

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