restructuring

Volkswagen announces the end of the T-Roc Cabriolet and other changes to its lineup by 2027

Volkswagen will end production of its only convertible model, the T-Roc Cabrio, by 2027. Manufactured…

KTM Faces Financial Crisis with 265,000 Unsold Motorcycles and Seeks Restructuring

KTM is facing serious financial problems, with 265,000 unsold motorcycles accumulating in inventories around the…

Volkswagen avoids factory closures in Germany with a deal cutting 35,000 jobs by 2030

Volkswagen has announced a deal with European unions to avoid factory closures in Germany and…

Honda and Nissan in Talks for Historic Merger That Could Create Global Automotive Giant

Honda and Nissan are in discussions for a potential merger, which could include Mitsubishi. If…

Nissan Faces Financial Crisis and Seeks Partnership with Honda to Survive in the Coming Months

Nissan is facing a financial crisis, with dealerships selling cars at a loss, reduced production,…

Volkswagen Announces Unprecedented Factory Closures in Germany as Part of Billion-Dollar Cost-Cutting

Volkswagen plans to close up to three factories in Germany for the first time in…