The German manufacturer of luxury cars, Porsche, could eliminate up to 4,000 more jobs in addition to the already announced layoffs, the German “Handelsblatt” reports today,...
One of Mercedes-Benz’s top managers has called for a debate on labor costs in Germany, estimating that the demand is for people to work longer hours...
Volkswagen will reduce the workforce in Germany by 19,000 people by the end of the year, the CEO of that company, Oliver Blume, announced. According to...
Tesla’s “Gigafactory” near Berlin didn’t perform as poorly in 2025 as rumors claim, but it’s still producing far below capacity. The solution comes in the form...
Without a reduction in the cost of US import duties, Volkswagen cannot build a planned new Audi factory in the United States. CEO Oliver Blume issued...
As part of the process of transformation and savings, German companies plan to lay off a large number of workers who expect substantial severance pay, reports...
About 4,000 workers left “Mercedes” with severance pay, some of whom received more than half a million euros to leave the company, writes the “Handelsblatt” newspaper....
Porsche is temporarily abandoning car production in the United States. Despite increased export costs due to US import tariffs, the German sports car manufacturer is very...
Mercedes-Benz, the symbol of automotive prestige, is reportedly abandoning its strategy of focusing on luxury to turn to mass production of more affordable models. Due to...