Business Volkswagen Plans Massive 100,000 Job Cuts in Historic Restructuring June 27, 2026 German Automaker Faces Unprecedented Workforce Reduction Volkswagen reportedly plans to lay off as many as 100,000 employees worldwide in a massive downsizing that marks the most radical overhaul in the…
Business China’s Luxury EV Push Takes Aim at Rolls-Royce and Mercedes at Fraction of Price May 25, 2026 Chinese Automakers Launch Ultra-Luxury Offensive For decades, European automakers have dominated the luxury market. Rolls-Royce, Mercedes-Maybach, and BMW have commanded the ultra-premium segment with unmatched prestige. Now, Chinese manufacturers are…