BERLIN Volkswagen’s supervisory board unanimously approved a plan Thursday to cut a further about 50,000 jobs …
Category:
AUTOMOTIVE
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LONDON London Mayor Sadiq Khan was convicted and fined for failing to tax a 24-year-old car, …
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AUTOMOTIVEECONOMY
German producer prices rise at fastest pace in over 3 years
by Maha Shahidby Maha ShahidİSTANBUL Producer prices in Germany increased more than expected in July, recording their sharpest annual rise …
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AUTOMOTIVESCIENCETECHNOLOGYTURKEY
Turkish defense giant Aselsan to showcase autonomous underwater vehicle
by Maha Shahidby Maha ShahidANKARA / ISTANBUL Turkish defense firm Aselsan will showcase its autonomous underwater vehicle, Deringoz, at the …
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AUTOMOTIVEECONOMYEUROPE
German auto industry employment falls to lowest level since 2005
by Maha Shahidby Maha ShahidISTANBUL Employment in Germany’s automotive industry fell to its lowest level in more than two decades …
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AUTOMOTIVEECONOMYEUROPEWORLD
Britain announces nearly $175M for zero-emission vehicle technologies
by Maha Shahidby Maha ShahidISTANBUL Britain announced nearly £130 million ($175 million) in funding Monday to accelerate the development of …
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AUTOMOTIVEECONOMY
Ford raises 2026 outlook after stronger-than-expected quarterly earnings
by Maha Shahidby Maha ShahidİSTANBUL Ford raised its 2026 earnings guidance Tuesday after second-quarter adjusted profit exceeded expectations, supported by …
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ISTANBUL In European Union countries, sales of van-type light commercial vehicles rose by 1.9%, truck sales …
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AUTOMOTIVEECONOMY
Volkswagen profit slides nearly 10% in Q2 as automaker warns of 2026 revenue decline
by Maha Shahidby Maha ShahidİSTANBUL German automaker Volkswagen’s operating profit fell nearly 10% year-on-year in the second quarter as tariff …
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AUTOMOTIVEECONOMY
German producer prices see 3rd consecutive increase, up 1.8% in June
by Maha Shahidby Maha ShahidISTANBUL The Federal Statistical Office (Destatis) said producer prices of industrial products were 1.8% higher in …