California has officially enacted the nation’s first efficiency standards for replacement tires, set to take effect in two phases starting in 2029. The California Energy Commission (CEC) unanimously approved the rules, which target rolling resistance—the energy lost as a tire…
A report from Germany’s WirtschaftsWoche claims that Porsche is in advanced talks to acquire RUF Automobile, a legendary German firm known for creating high-performance sports cars based on Porsche hardware. RUF, which identifies itself as a family-owned automaker, has long…
A loaded 2024 Porsche Taycan Turbo Cross Turismo with just 6,900 miles has just resold for barely half its original sticker price, underscoring the brutal depreciation hitting high-end EVs. The lifted wagon, featuring black body cladding, roof rails, and the…
The Association of Natural Rubber Producing Countries (ANRPC) expects weather disruptions and a rebound in butadiene prices to support natural rubber (NR) prices. According to ANRPC’s monthly NR report, El Nino-related weather disruption is disrupting rainfall in major producing countries,…
The UK’s AA is suggesting a short conversion course for automatic licence holders to drive manuals after one supervised lesson. Currently, Brits who passed in an auto need to sit a full test again to be allowed to drive stick.…
Volkswagen’s majority owner, Porsche Automobil Holding SE, is urging the company to rapidly cut costs and excess capacity to tackle a slide in competitiveness. According to Hans Dieter Pötsch, Porsche SE Management Board Chairman and VW’s supervisory board head, Volkswagen…
BMW has announced plans to eliminate approximately 8,000 positions worldwide by the end of 2027, representing about 5% of its roughly 154,000-strong global workforce. The cuts are primarily targeted at white-collar roles in Germany, with production staff explicitly excluded. Instead…
Mercedes-Benz Group AG CEO Ola Källenius has declared that intense pricing pressure in China’s auto market is not a temporary blip but a permanent fixture. Speaking near Helsinki, Finland, Källenius said fierce competition from Chinese brands—especially those led by BYD—has…
BMW is planning to eliminate around 8,000 positions globally, with most cuts expected to hit German corporate roles, while factory workers remain excluded. The automaker is looking to trim costs and restore profitability amid sliding sales in its key Asian…
BMW has struck a deal with German worker representatives to offer voluntary severance packages as part of a global workforce reduction of about 8,000 employees—roughly 5% of its total workforce. The cuts, which will be concentrated in Germany, target roles…