Focus on Manufacturing
German car industry transformation could cost 186,000 jobs by 2035, study finds
A study warns the German car industry could lose 186,000 jobs by 2035, with 46,000 already gone due to the EV transition.
Xiaomi chief touts Nurburgring record ahead of EV launch
Xiaomi's SU7 Ultra prototype set a Nurburgring record for four-door cars, completing the lap in 6:46.874 ahead of its launch.
Apple supplier TDK partners with McLaren Racing in EV push
TDK partners with McLaren Racing in Formula E electric motor racing as the manufacturer targets expansion in the electric vehicle sector.
Biden proposal would ‘effectively prohibit’ sale of Polestar cars in US, automaker says
Polestar stated that a proposed Biden rule banning Chinese vehicle tech would "effectively prohibit" its sales in the US.
Automaker Ford weakens profit outlook, shares fall
Ford Motor expects to meet only the lower end of its profit guidance, forecasting $10 billion in earnings, as shares drop five per...
Toyota, NTT to make $3.3 billion R&D investment for AI self-driving, Nikkei reports
Toyota and NTT will invest $3.26 billion to develop AI software for self-driving cars, aiming for a working system by 2028.
QatarEnergy takes 50% stake in TotalEnergies solar project in Iraq
QatarEnergy takes a 50 per cent stake in TotalEnergies’ 1.25 GW solar project in Iraq, aiming to boost Iraq’s power supply by 2027.
Volkswagen labour chief sounds alarm on mass layoffs, three German plant closures
Volkswagen to close three German factories and lay off thousands, increasing pressure on the government amid economic woes.
Analysis: Musk’s bold 2025 prediction on Tesla sales faces skepticism, scrutiny
Tesla's ambitious growth forecast of 20-30 per cent for 2025, driven by cheaper models and self-driving tech, faces Wall Street skepticism.
Volkswagen weighs wage cuts, bonus reductions in push to save four billion euros: report
Volkswagen is exploring a series of cost-cutting measures for its core brand, including a 10 per cent wage cut and a two-year wage...
