Business World News

German Automotive Workers Stage Mass Protests Across Nation Over Proposed Factory Cuts

Tens of thousands of automotive workers from across Germany have protested in demonstrations across the country as its car industry undergoes profound structural changes. Workers from Volkswagen, Mercedes-Benz, BMW, Audi, Porsche and their suppliers assembled in all the key industrial regions. IG Metall estimates that about 175,000 to almost 180,000 workers have demonstrated at more […]

Money World News

Volkswagen Cuts 2026 Profit Guidance Following Porsche Impairment and Market Challenges

Volkswagen has significantly revised its financial expectations for 2026 as restructuring costs, weaker international demand and changing automotive market conditions put pressure on profitability. The company now expects its full-year operating return on sales to reach a maximum of 1%, compared with its previous guidance of 4% to 5.5%. Although the underlying operating return is […]

Autos World News

Mercedes-Benz Warns of Potential German Plant Closures Amid High Production Costs

Mercedes-Benz is facing a major decision over the future of its German manufacturing footprint as the automotive industry continues to change rapidly. The company has warned that one German assembly plant and one German powertrain plant could face closure if structural operating costs cannot be reduced, although management has stated that its clear goal is […]

Autos US News

Michigan Expands Auto Supplier Transition Program to All 83 Counties

Michigan is expanding its support for small manufacturers as the automotive industry moves through a major period of change. The Michigan Auto Supplier Transition Program, or MAST-P, has now opened its no-cost services to small manufacturers across all 83 counties, extending a programme that was previously limited to six counties. Backed by more than $9 […]

Autos World News

SMMT Warns EU Trade Policy and Made in Europe Provisions Threaten UK Automotive Industry

The European automotive industry is deeply connected through cross-border manufacturing, with the United Kingdom and European Union linked by an annual trading relationship worth €80 billion. Vehicles, engine components, parts and materials move continuously across the Channel, supporting businesses, workers and manufacturing networks on both sides. The source highlights that the European Union has a […]

World News

Bentley Debuts the Torcal All-Electric SUV with 876 Horsepower and 375-Mile Range

Bentley begins a new chapter in its rich 102-year history with the worldwide unveiling of the all-electric Bentley Torcal in London. The all-new luxury SUV is the marque’s fourth standalone model line, joining the Bentley Continental GT, Flying Spur and Bentayga, and marks a fundamental change for a company that is renowned for its large-displacement […]

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