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News
Opel???s China move alarms Russelsheim
1+ hour, 4+ min ago (334+ words) German automakers are ramping up cost-cutting measures in response to a sluggish European market, overcapacity in the EV sector, and the rising strength of Chinese rivals. Volkswagen, Mercedes-Benz, BMW and Porsche have all announced cost-reduction programs. For Opel, these measures…...
High bills and cheap panels drive Philippine solar surge
1+ week, 3+ day ago (623+ words) Kuwait Times High bills and cheap panels drive Philippine solar surge MANILA: Edwin Salas watched as the first of 20 solar panels was installed on the roof of his home, joining a Philippine solar energy boom sent into overdrive by the…...
BMW aims to cut 8,000 jobs by end 2027
2+ week, 3+ day ago (718+ words) Kuwait Times BMW aims to cut 8,000 jobs by end 2027 FRANKFURT: Premium carmaker BMW is to offer almost half its German staff voluntary redundancy in a bid to cut 8,000 jobs by the end of 2027, a company source told AFP Wednesday. About…...
China’s BYD takes on Japanese rivals with small ‘kei’ car
2+ week, 5+ day ago (228+ words) TOKYO: Chinese giant BYD launched an electric “kei” car in Japan on Tuesday with an ad campaign featuring a top actor, taking on local rivals whose own pint-sized vehicles rule the road. Ideal for Japan’s often narrow roads, the super-compact…...
Dutch students unveil ‘world-first’ solar powered ambulance
3+ week, 23+ hour ago (498+ words) Kuwait Times Dutch students unveil ‘world-first’ solar powered ambulance A Dutch student team unveiled what they believe to be the world’s first solar-powered ambulance, which they hope can bring much-needed medical care to the remotest parts of the globe. The…...
Teslas bullish tone on robotaxis shifts
3+ week, 3+ day ago (586+ words) Kuwait Times Teslas bullish tone on robotaxis shifts LOS ANGELES: A year ago, Tesla Elon Musk said the company's robotaxi network would expand at a "hyper-exponential rate" and be available to half the population of the US by the end…...
Volkswagen sales slide further amid job cuts fears
1+ mon, 4+ day ago (251+ words) FRANKFURT: Volkswagen on Friday said that a slide in sales accelerated in the second quarter, as the crisis-hit German auto group reportedly considers cutting up to 100,000 jobs worldwide. Overall vehicle deliveries fell almost nine percent in the April-June period from…...
Union warns of ‘conflict’ as VW eyes mass job cuts
1+ mon, 6+ day ago (255+ words) As VW’s bosses presented their planned overhaul to the 10-brand group’s supervisory board, workers staged protests outside plants and unions warned they were ready to step up industrial action. Denny—who gave only one name, and works for a company…...
Ghosn says calls for his Nissan return show investor anger
1+ mon, 2+ week ago (621+ words) Kuwait Times Ghosn says calls for his Nissan return show investor anger BEIRUT: Former Nissan Chairman Carlos Ghosn said calls by some shareholders for his return reflected deep anger over years of failed turnaround plans, accusing the automaker’s leadership of…...
Waymo recalls nearly 3,900 robotaxis
1+ mon, 4+ week ago (356+ words) Kuwait Times Waymo recalls nearly 3,900 robotaxis WASHINGTON: Alphabet self-driving unit Waymo is recalling nearly 3,900 robotaxis in the US because a software issue could cause the vehicles to enter a closed freeway construction zone and continue driving. It is the second…...