BMW unveils major restructuring plan, putting AI, job cuts and new cars to work
German luxury carmaker targets leaner management, higher margins and regional models after profit warnings and China-driven setbacks...
Category : Transport
Rolls-Royce invests 300 million pound in UK manufacturing to support civil, defence needs
The investment, announced on Monday, covers major upgrades and new facilities in Derby, Bristol, Glasgow, Rotherham and Ansty in Warwickshire...
Volkswagen-owned Bentley launches first EV, invests 350 million pound at UK plant
Bentley has opted for a conservative approach by ensuring its debut EV retains styling cues from the luxury carmaker's combustion-engine models...
Saudi EV startup Ceer unveils Exobot line-up with Tron-inspired design
Ceer is a joint venture between Saudi Arabia's sovereign wealth fund, the PIF, and Taiwanese electronics manufacturer Foxconn...
Volkswagen to go aggressive on restructuring, to cull Spanish marque Seat
Thomas Schaefer, Volkswagen's brand head, made the declaration amid workers' protests that started after the automaker issued a profit warning...
Uber’s 825 million euro fine is a warning to every company that lets software fire people
Brussels has given the American ride-hailing business until December 2027 to comply with its AI rules on employee hiring and dismissal...
Trump says China can build cars in US despite Congress policy push
However, the Republican has put one condition: Chinese automakers should not build cars in Mexico and ship them to the United States...
Volkswagen faces 16 billion euro restructuring bill, weighs defence future for German plants
Volkswagen has signed a deal with Israel's Aurelius Capital and Lower Saxony, in which the Osnabrueck plant will be repurposed for defence production...
Jaguar Land Rover to cut 4,000 jobs in 1.7 billion pound cost-reduction drive
The Tata Motors-owned carmaker targets lower costs and a 300,000-vehicle break-even point as tariffs, weaker sales and Chinese competition squeeze margins...
IF Insights: Tesla Cybercab hits Austin roads, but is it really ready?
The gold two-seater arrived to fanfare and a federal investigation on the same day. Tesla now has to prove it can scale against rivals...