Honda Consolidates Engine Lines in China, Slashing Capacity by 30%Honda is cutting engine production in China, consolidating lines and facing declining sales as it shifts focus to EVs.
Porsche Plans to Cut 1,900 Jobs by 2029 Amid Restructuring EffortsPorsche plans to cut 1,900 jobs in Germany by 2029, facing challenges in EV production and financial losses projected at €2.5-3.5 billion.
Volkswagen Hit by Massive Data Scandal: 800,000 Electric Cars ExposedVolkswagen faces major challenges as it deals with data exposure and job cuts while restructuring to reduce costs and production capacity.
Volkswagen Eyes Exit from China as Sales Plummet and Labor Strikes EscalateVolkswagen faces financial woes, considering selling factories in China amid union strikes and restructuring plans in Germany.
Must-Reads
1
Coupang discloses 33m-user data breach to US regulators
LATEST
2
N. Korea's Kim pays respects to late father at family mausoleum on death anniversary
LATEST
3
Ex-vice land minister arrested over favoritism allegations related to presidential residence relocation
LATEST
4
Seoul stocks open higher amid mixed US job data
LATEST
5
US job growth snaps back; shutdown distorts unemployment rate
Honda Consolidates Engine Lines in China, Slashing Capacity by 30% Honda is cutting engine production in China, consolidating lines and facing declining sales as it shifts focus to EVs.
Porsche Plans to Cut 1,900 Jobs by 2029 Amid Restructuring Efforts Porsche plans to cut 1,900 jobs in Germany by 2029, facing challenges in EV production and financial losses projected at €2.5-3.5 billion.
Volkswagen Hit by Massive Data Scandal: 800,000 Electric Cars Exposed Volkswagen faces major challenges as it deals with data exposure and job cuts while restructuring to reduce costs and production capacity.
Volkswagen Eyes Exit from China as Sales Plummet and Labor Strikes Escalate Volkswagen faces financial woes, considering selling factories in China amid union strikes and restructuring plans in Germany.
Hot Topics