Luxury auto giant cuts 5,000 more jobs in major reset
Porsche has long occupied a rare position in the auto industry as a premium sports-car brand capable of delivering some of the industry's strongest profit margins. But weaker demand, slowing sales in China, and the high cost of supporting electric, hybrid, and combustion-engine vehicles ...
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Electric car tax looms for one state unless PM steps in
One state is prepared to charge ahead with a tax on electric vehicle drivers unless the federal government introduces a national scheme.
China Automotive Systems (CAAS) Projected to Announce Quarterly Earnings on Friday
China Automotive Systems (NASDAQ:CAAS) will be releasing its Q1 2026 earnings before the market opens on Friday, August 7. (View Earnings Report at https://www.marketbeat.com/earnings/reports/2026-8-7-china-automotive-systems-inc-stock/)
India, Bhutan review development partnership; sign Rs 4,000-crore LoC agreement
India and Bhutan reviewed development projects during high-level talks. A concessional line of credit worth Rs 4,000 crore was signed. Cooperation in health education and research was also expanded between institutions. Forty-five electric vehicles were handed over to support green mobility initiati...
E-cars: what are they, when might they arrive, and could they be the future of EVs? | Stuff
The groundwork is being laid for an all-new class of EV. Here's what the E-Car could look like