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Porsche Launches Second Round of Cost-Cutting: German Luxury Car Profit Model Under Restructuring
Operating profit plunges 93% year-on-year; Taycan and Cayenne fail to reverse decline
Electrification Transformation
Covers the latest developments in the automotive industry's shift to electrification, including OEM strategies, EV platform upgrades, battery innovations, and policy-driven industrial change.
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Volkswagen Confirms 19,000 Job Cuts in Germany by End of 2026 Amid Electrification Strain
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Honda's First-Ever Annual Loss in 100 Years: Strategic Collapse Behind Veteran Executives' Push to Oust CEO
Net loss of ¥423.9 billion ($182 million) in FY2026; China sales down 60% over five years; EV bet fully reversed