This move comes amid geopolitical instability, rising capital costs, supply chain disruptions, and shifts in market demand.

Still, according to European Commission figures, European factories as a whole are operating at less than 80% capacity. And while unemployment stood at a record low in January, more workers might soon ...

Still, according to European Commission figures, European factories as a whole are operating at less than 80% capacity. And while unemployment stood at a record low in January, more workers may soon ...

European EV battery dream dashed as Northvolt files for bankruptcy Renault Megane E-Tech gets a sporty makeover and smarter charging Lexus refreshes RZ with more power, range, steer-by-wire and fake ...

European EV battery dream dashed as Northvolt files for bankruptcy Renault Megane E-Tech gets a sporty makeover and smarter charging Lexus refreshes RZ with more power, range, steer-by-wire and fake ...

Morgan Stanley lowered the firm’s price target on Goldman Sachs (GS) to $659 from $782 and keeps an Overweight rating on the shares. The robust ...

Porsche AG will cut at least 3,900 jobs over the next four years as part of a plan to become more efficient. ...