Nissan Motor’s announcement of more than 10,000 additional job cuts, bringing the total to approximately 20,000, or 15% of its global workforce. The company, facing a staggering net loss of up to 750 billion yen...

Toyota Motor, the world’s largest automaker, has projected a stark 20% decline in profits for the fiscal year ending March 2026. Behind this financial contraction lies a tangled web of geopolitical brinkmanship and symbolised most...

Tesla’s plummeting sales across Europe in April are not merely a reflection of market dynamics or shifting consumer preferences—they are a symptom of something deeper: a growing rebellion against a brand and a figure that...

In a no-holds-barred interview with the YouTube channel Robinson Erhardt, Harvard and Yale professor and prominent economist Richard Wolff delivers a brutal assessment: Europe is in decline and fast becoming irrelevant on the world stage....

Xpeng Motors is set to begin mass production of its in-house AI autonomous driving chip, “Turing,” in Q2 2025. Designed to reduce dependence on Nvidia, the Turing chip rivals the performance of Nvidia’s Thor (~700...

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...