Maserati cancels electric MC20 amid weak demand
Your support powers our stories Maserati has decided to halt its plans for an all-electric MC20 Folgore, citing limited demand for battery-powered supercars among its [more…]
Category: Germany
DHL announces 8,000 job cuts in Germany to cut costs
Your support powers our stories Germany’s DHL is set to cut 8,000 jobs in its home market this year, marking its most significant workforce reduction [more…]
Honda and Nissan unite to stay competitive
Honda and Nissan are facing mounting challenges as their global sales either stagnated or declined in 2024, highlighting the urgent need for strategic collaboration. Honda’s [more…]
Air Baltic overhauls board and secures new wet-lease extension
In a surprise announcement, the entire supervisory board of Latvian airline Air Baltic has decided to step down, clearing the runway for a new phase [more…]
Tesla, Volkswagen, and Toyota drive Norway’s electric takeover
Norway’s EV Revolution: A Nation Unplugging from Fossil Fuels In a quiet Nordic coup against the combustion engine, Norway has sped into the electric future [more…]
Volocopter’s skyward dreams stalled by insolvency
Air Taxi Dreams Grounded as Volocopter Hits Financial Turbulence Once soaring on the wings of investor confidence, air taxi pioneer Volocopter has hit a devastating [more…]
Adnoc’s $13b leap into global growth
Adnoc’s Bold Bet on the Future: A Game-Changing Acquisition In a move that underscores its ambitions beyond oil, Abu Dhabi National Oil Co. (Adnoc) is [more…]
Adidas plays defense in tax investigation game
In a surprising mid-season twist, Adidas AG found itself not on the field but under the spotlight as authorities raided its German headquarters, sending ripples [more…]
As Europe’s auto giants fumble, Schaeffler AG pivots
In the quiet yet relentless hum of Europe’s auto industry, a stark transformation is underway. Schaeffler AG, a longtime pillar in Germany’s machinery and auto-parts [more…]
UniCredit’s bid for Commerzbank sparks job fears and political tension
Italy’s UniCredit has made a bold move on Commerzbank, one of Germany’s financial heavyweights. With a 9% stake already gobbled up, the Italians are eyeing [more…]
