Rivian’s recent decision to lay off around 600 employees highlights the structural contradictions facing the electric-vehicle industry. The company expanded rapidly, fueled in large part by U.S. federal tax incentives, yet when these subsidies expired,...

General Motors has delivered a third-quarter performance that underscores both the resilience and the contradictions of America’s industrial uncertainties. On Monday, the automaker reported earnings that exceeded Wall Street’s expectations, prompting an upward revision to...

Porsche’s decision to prepare former McLaren executive Michael Leiters as its prospective new CEO marks more than a change in leadership. It reflects a deeper challenge facing Germany’s once-dominant automotive industry as it confronts a...

Ferrari’s recent market reaction underscores a tension between investor expectations and the realities of strategic transition in the automotive sector. Shares fell more than 16%, erasing €13.5 billion ($15.7 billion) from the company’s market capitalisation,...

Ferrari just pulled the wraps off the tech behind its first-ever EV, the Elettrica — a huge milestone for the brand. Shown at its Maranello HQ, the production-ready chassis packs an integrated battery and motor...

German industry is faltering, a stark reminder that even the wealthiest economies are not immune to decline. Industrial production plunged 4.3 percent in August, the steepest drop since early 2022, dragged down by a staggering...