Mercedes-Benz opens Europe’s largest plant in Hungary after EUR 1 billion expansion

Mercedes-Benz Reveals Significant Cost Advantage of Kecskemét Plant

While Mercedes-Benz in Germany is negotiating cost-cutting measures and efficiency improvements, the automotive group is reaffirming the strategic importance of its Hungarian location through continued investment. According to the Kecskemét plant, responding to an inquiry from industry portal autopro.hu, the expansion of the Hungarian factory is progressing according to plan. The company even provided specific [] The post Mercedes-Benz Reveals Significant Cost Advantage of Kecskemét Plant appeared first on Hungary Today.

Volkswagen plans to cut 100,000 jobs, shutter four German plants, report says

BERLIN: Volkswagen AG plans to eliminate 100,000 jobs and end production at four German plants over the coming years, according to a report published Friday, a move that would mark the most radical restructuring in the automaker’s 89-year history. The plan, reported by Manager Magazin, would see Europe’s largest automaker shed roughly 15 of its ... Read more The post Volkswagen plans to cut 100,000 jobs, shutter four German plants, report says appeared first on BOL News.

Volkswagen weighs up to 100,000 job cuts, sources say

Volkswagen is considering shutting four German factories and ramping up job cuts to as many ‌as 100,000, two people familiar with the matter said, in what could be the biggest overhaul in the carmaker's history. #Volkswagen #automobile #cars #jobs #News #Reuters #Newsfeed Read the story here: https://reut.rs/4eIJm39 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Volkswagen considering selling Chinese-developed models in Europe - report

Volkswagen could flesh out its European range with models developed by its Chinese partners.

Volkswagen plans up to 100,000 job cuts, considers closing four German factories

Volkswagen is contemplating the closure of four German factories and up to 100,000 job cuts due to intense competition from Chinese automakers.

Volkswagen reportedly weighing more large-scale job cuts

Europe's largest carmaker Volkswagen is considering cutting tens of thousands more jobs worldwide and shuttering up to four plants in Germany, Manager Magazin reported Friday.

Germany and Ukraine step up research cooperation

Germany and Ukraine aim to significantly expand their cooperation in research, technology and innovation. The two sides reached a new agreement to this effect in Gdańsk.

Volkswagen to slash model lineup and shrink capacity, no job cuts announced

Volkswagen’s management plans to drastically reduce its model lineup and further cut capacity, although the German auto giant stopped short of announcing sweeping job cuts following tense stakeholder talks. Europe’s largest automaker on Thursday said the model lineup will be gradually cut by up to half over the coming years as it concentrates on the []...Click to read more

German auto giant to slash 100,000 jobs – Reuters

Volkswagen is reportedly weighing the closure of four German factories with the loss of 100,000 jobs Read Full Article at RT.com

Trump, Ukraine and Europe’s defence race: Why Hungary could be the unexpected winner

Europe is investing heavily in its own defence industry as the war in Ukraine reshapes military priorities, and some experts believe Hungary has a rare opportunity to benefit. Could the country become a bigger player in Europe's growing arms sector, or will it miss the moment? Continue reading: https://dailynewshungary.com/europe-ukraine-hungary-america-defence/

German car industry braces for more plant closures and job cuts

German car industry braces for more plant closures and job cuts

BMW F 450 GS kini di Malaysia: GS paling ringan dan mampu milik

BMW Motorrad Malaysia secara rasmi memperkenalkan BMW F 450 GS untuk pasaran tempatan, sekali gus membuka lembaran baharu dalam keluarga GS dengan menawarkan sebuah motosikal pengembaraan yang lebih ringan, mudah dikendalikan dan mesra kepada pelbagai peringkat penunggang. Model yang pertama kali diperlihatkan sebagai konsep di EICMA 2024 itu kini hadir dalam versi produksi dan direka ... Read more The post BMW F 450 GS kini di Malaysia: GS paling ringan dan mampu milik appeared first on Utusan Malaysia.

Tackling historic crisis, Volkswagen to cut capacity, model lineup

Volkswagen plans to drastically cut its model lineup and further pare back capacity, as Europe's largest automaker considers a far-reaching overhaul that sources say could co...

Mercedes-Benz: A Big Yield, A Low Multiple, And A Tough Auto Cycle

Mercedes-Benz: A Big Yield, A Low Multiple, And A Tough Auto Cycle

BMW completes $1.7 billion South Carolina expansion, unveils all-electric X5

BMW wraps up a massive South Carolina expansion to build the all-electric X5 and five more electric vehicles in the United States by 2030.

Uber pauses Europe food delivery expansion as it pursues Delivery Hero deal, FT reports

Uber pauses Europe food delivery expansion as it pursues Delivery Hero deal, FT reports

The new BMW X5 enters its fifth generation, combining five different drive system technologies for the first time with the design language and innovations of the Neue Klasse

The new BMW X5 adds another chapter to its story of success. The fifth generation of the BMW X5 impresses with technical innovations, a stunning new design and the integration of future-oriented technologies from the Neue Klasse. This underlines its exceptional status and reinforces its leading position in a segment that it originally established. First [] The post The new BMW X5 enters its fifth generation, combining five different drive system technologies for the first time with the design language and innovations of the Neue Klasse appeared first on Middle East News 247.

Volkswagen to reduce workforce

The German carmaker Volkswagen is considering the possibility of closing four factories in Germany and increasing the number of jobs being cut to 100,000,AzerNEWS reports.

Volkswagen will halve its model range, but stays silent on the 100,000 job cuts

Volkswagen has announced plans to gut its sprawling product range as it fights the worst crisis in its history. The carmaker will cut its model lineup by up to half over the coming years, CNBC reports. The group will also shrink production capacity to nine million vehicles a year. That is well below the 12 million [] This story continues at The Next Web

Brussels let one small country police Europe’s fintech – and now that guard is backing away

Lithuania built the EU’s biggest home for fintech payments firms. Now its own regulator is retreating, and the fixes from Brussels arrive too late to undo what is already through the gate.

German Industry Grows More Than Expected on Auto Sector

German industrial production grew for a second month, another sign that Europe’s largest economy is exiting the drag from the Iran war.

Volkswagen Weighs 100,000 Job Cuts and Four German Plant Closures as Labor Fight Builds

Volkswagen is reportedly considering a sweeping restructuring plan that could cut up to 100,000 jobs and close four German plants, a move that would mark one of the most dramatic shakeups in the global auto industry.

Report: VW to propose more job cuts, brand spinoffs | DW News

According to a new German media report, Volkswagen CEO Oliver Blume is set to propose a more radical overhaul of the company to its supervisory board, including 50,000 more job cuts, factory closures and potential spinoffs of some of the group's 10 brands, including the Volkswagen brand itself. The Dip host Daniel Winter speaks with Business reporter Steven Beardsley about the proposal and its potential consequences. #dwbusiness #volkswagen #germany For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1

EU releases €3 billion loan for Ukraine’s recovery

The European Union has disbursed the first 3 billion (US3.4 billion) tranche of a 90 billion loan to Ukraine, the country’s prime minister announced on Thursday at the opening of a conference on Ukraine’s post-war recovery in Poland. The conference, attended by key European leaders including German Chancellor Friedrich Merz and European Commission President Ursula von der Leyen, is both a fundraising forum and a message to Russia that Ukraine’s Western supporters are in it for a long...

Volkswagen Layoffs: Automaker To Cut 1,00,000 Jobs and Close 4 German Plants, Says Report

Volkswagen AG is considering cutting up to 1,00,000 jobs and closing four German factories to boost competitiveness. Volkswsagen CEO Oliver Blume’s restructuring plan aims to reduce overhead costs by EUR 11 billion. Labor unions have vowed to strongly oppose the proposals, citing concerns for the workforce and regions.

BYD Becomes Hungary’s Top New-Energy Vehicle Brand in First Half of 2026

BYD recorded a 143.8 per cent increase in Hungarian sales during the first half of 2026, becoming the country's leading new-energy vehicle brand and the largest seller of fully electric cars. The post BYD Becomes Hungary’s Top New-Energy Vehicle Brand in First Half of 2026 appeared first on Hungarian Conservative.

Volkswagen is considering cutting up to 100,000 jobs and closing factories

The Volkswagen Group is considering cutting costs by 11 billion euros by the end of the decade and closing four plants in the medium term—unions are pushing back The post Volkswagen is considering cutting up to 100,000 jobs and closing factories appeared first on ProtoThema English.

Von der Leyen announces first payment to Ukraine under €90 billion loan

Ukraine has received 3.2 billion as the first disbursement under the European Union's 90 billion support loan, Ursula von der Leyen has announced. The 3.2 billion will help cover Kyiv's budgetary gaps and guarantee financial stability. A second disbursement dedicated to drone production and worth about 6 billion is expected to be unveiled in the coming days.

Volkswagen joins other German carmakers with job cuts, restructuring

Volkswagen joins other German carmakers with job cuts, restructuring

Uber Suspends European Food Delivery Expansion as Delivery Hero Takeover Continues

Uber suspended most of its planned expansion of food delivery services across Europe only months after unveiling the initiative, as the U.S. technology company sharpens its focus on a proposed acquisition of German food delivery platform Delivery Hero.

Volkswagen weighs closing several German plants, putting up to 40,000 jobs at risk

German automaker plans to phase out production at Zwickau, Emden facilities within 5 years, according to reports

Eastern Romania: “Băile Oglinzi” resort in Târgu-Neamţ to be revamped with EU funds

Eastern Romania: “Băile Oglinzi” resort in Târgu-Neamţ to be revamped with EU funds

EU provides Vehicles to strengthen Migration Management and Internal Security in the Federation of BiH

The European Union has provided specialised vehicles worth BAM 790,000, to the Federation of Bosnia and Herzegovina Ministry of the Interior and the Police Administration of the Ministry of Internal Affairs of Sarajevo Canton, further strengthening their capacities to address irregular migration, combat migrant smuggling and organized crime. The donation comprises of eight vehicles, two [] The post EU provides Vehicles to strengthen Migration Management and Internal Security in the Federation of BiH appeared first on Sarajevo Times.

Volkswagen to cut 100,000 jobs around world and shut 4 plants

It will be the biggest overhaul in the car manufacturer's history.

Europe Putting Real Money--and Industry--Behind Nato

Europe Putting Real Money--and Industry--Behind Nato

Mercedes-Benz VLE: World's first grand sedan is an 8-seat EV with 700+ KM range

Mercedes-Benz's new VLE is the world's first Grand Sedan — an 8-seat luxury EV with 700+ km range, roll-away seats, 3 screens and AI-powered MBUX. Here's everything inside.

European flagship fund for Ukraine’s reconstruction launched in Gdańsk

The European Flagship Fund for the Reconstruction of Ukraine, which could mobilise up to 7 billion in investment for Ukraine's economy, has been officially launched at the Ukraine Recovery Conference 2026.