20+ hour, 8+ min ago   (336+ words) Tesla’s launch of the Cybercab in Austin, Texas, has triggered a federal investigation into whether the autonomous vehicle complies with US safety regulations. The Cybercab has no steering wheel or pedals, even though current federal standards require vehicles to have…...

1+ week, 2+ day ago   (274+ words) BGNES Volkswagen Group is considering closing plants, cutting at least 50,000 jobs and discontinuing poorly selling models, Carbuzz reported The plans affect the entire multinational group, headed by Chief Executive Officer Oliver Blume, which employs around 650,000 people worldwide, approximately half of…...

1+ week, 4+ day ago   (182+ words) Nearly three million China-made Tesla vehicles are being recalled over safety concerns linked to their retractable door handles, as part of the largest vehicle recall ever recorded in China. The recall affects more than four million vehicles in total, including…...

2+ week, 2+ day ago   (159+ words) BGNES Shares in Chinese humanoid robot maker Unitree opened more than 600% higher on their Shanghai debut on Wednesday, Channel News Asia reports. The stock began trading at 1,100 yuan ($163) on the technology-focused STAR Market - 629% above its initial public offering price of…...

2+ week, 5+ day ago   (675+ words) Bulgaria remains among the European countries with the lowest share of electric vehicles, even though the number of newly registered fully electric cars has risen significantly, BGNES reported. In 2025, 2,420 new electric cars were registered in Bulgaria, up 62% from the previous…...

1+ mon, 6+ day ago   (246+ words) Automaker Ford reported a $1.3 billion loss in the second quarter, linked to the consequences of its retreat from electric vehicles, but raised its full-year 2026 forecast thanks to stable pricing. The Michigan-based company cited $3.6 billion in costs related to the termination…...

1+ mon, 1+ week ago   (331+ words) German luxury sports carmaker Porsche, a subsidiary of Volkswagen Group, said it will cut 5,000 jobs by 2035 as part of a strategic restructuring aimed at boosting competitiveness. The maker of the 911 sports car is facing a sharp decline in profits due…...

1+ mon, 1+ week ago   (213+ words) Volkswagen’s net profit plunged in the second quarter as the company, which is considering cutting up to 100,000 jobs worldwide, faces growing competition both in the Chinese market and from Chinese automakers, AFP reported. Net profit for the April-June period stood…...

1+ mon, 3+ week ago   (246+ words) German automotive giant Volkswagen reported another decline in sales during the second quarter, while the company is considering large-scale job cuts that, according to media reports, could affect up to 100,000 employees worldwide. The group’s vehicle deliveries fell by nearly 9% during…...

2+ mon, 1+ week ago   (356+ words) Blume is reportedly already presented the restructuring plan to the management board. According to sources, the document deliberately does not include a specific number in order to leave flexibility for the final implementation of the measures. Volkswagen declined to comment…...