Lotus Cars is set to cut nearly 470 jobs in the UK — its second major round of layoffs in six months — as part of a restructuring aimed at boosting competitiveness and ensuring long-term...

Volvo Cars is preparing to halt U.S. sales of its China-built S90 sedan as escalating trade tensions between the United States and China — including steep new tariffs from the Trump administration — reshape the...

The Volkswagen Group, once a towering symbol of post-war European industrial might, now finds itself caught between the tectonic shifts of economic nationalism, technological upheaval, and a global marketplace increasingly shaped by political fragmentation and...

Chinese President Xi Jinping’s upcoming meeting with executives from BMW, Mercedes, and Qualcomm is not merely a diplomatic formality—it is an act of economic triage. As foreign direct investment in China plunges by 27.1% year-on-year—the...

The global economic order is shifting. The once-static boundaries between industries blur, and in this brave new world, the old titans of manufacturing find themselves under siege from forces they failed to anticipate. One of...

Audi’s retreat from its pledge to abandon new combustion engines is yet another grim marker of the West’s faltering transition to electric vehicles—an industry paralyzed by the looming spectre of deindustrialization. The German automaker, now...