Porsche SE announced increased investments in the defence and security sector following a 9% drop in adjusted 2025 earnings to €2.9 billion ($3.35 billion). The decline reflects billions in costs at its core holdings, Volkswagen AG and Porsche AG, from tariffs...

XPeng announced plans to double its overseas sales this year, aiming for international markets to account for 20% of revenue. As part of this expansion, it will launch its G6 and G9 models in Mexico on...

The suspension of vehicle shipments to the Middle East by luxury automakers such as Ferrari and Maserati illustrates how geopolitical instability is beginning to exert tangible effects on global supply chains, even within high-margin, low-volume sectors. These firms are...

Bentley, subsumed under the corporate juggernaut of Volkswagen, is shedding 275 jobs—6 percent of its workforce—in a bid to survive what executives call “turbulent times.” This is not mere accounting; it is a window into...

Swedish automaker Volvo Cars has confirmed it will stop selling the EX30 and EX30 Cross Country in the United States after the 2026 model year. Dealer orders for U.S. customers will close on March 20, and production of units...

Tesla has partnered with South Korea–based LG Energy Solution to develop a $4.3 billion lithium iron phosphate (LFP) battery manufacturing facility in Lansing, Michigan. The plant is expected to begin production in 2027 and will produce prismatic LFP battery cells for Tesla’s Megapack...