Germany, long regarded as the industrial engine of Europe, has slipped further into contraction, its GDP shrinking by 0.3% in the second quarter after a brief rebound in the first. On an annual basis, growth...

John Elkann, heir to the Agnelli fortune and the helm of Ferrari and Sterile Corporate Monolith Stellantis, now finds himself embroiled in a bitter, almost Shakespearean legal struggle with his own mother. Margherita Agnelli has...

Xiaomi has officially launched its first electric vehicle (EV) research and development (R&D) and design centre outside China, located in Munich, Germany. The facility marks a major milestone in Xiaomi EV’s global expansion strategy and...

Polestar has delayed its planned Polestar 6 convertible sports car as the Swedish automaker struggles with sales and finances. Instead, resources will go toward the Polestar 7 compact SUV and the next-generation Polestar 2, which...

Ford Motor Company has announced it will cut up to 1,000 jobs at its electric vehicle plant in Cologne, Germany, citing weak demand for electric cars. The company, in a terse corporate statement, reduced the...

Tesla will increase output at its factory near Berlin after revising production plans upward for the third and fourth quarters, according to a Tesla spokesperson. Thierig cited “very good sales figures” and said the company...