Automobile sector

47 cars, including 11 Rolls-Royces, linked to $3b money laundering probe up for closed-bid auction

(Clockwise from top left) A red Rolls-Royce Dawn, a red Porsche 911 Targa, a white Toyota Alphard and a black Rolls-Royce Cullinan were seized from a good class bungalow in Third Avenue on Oct 25, 2023.

Porsche to shed 5,000 jobs by 2035 under German factory pact

The agreement underscores the mounting pressure across Porsche parent Volkswagen.

Thailand car production falls 7.55% in June, full-year forecast cut

Thailand is planning to replace some ageing vehicles with electric vehicles as part of its energy-transition efforts.

Thailand works on $920m EV plan to replace 80,000 commercial transport vehicles

Chinese electric vehicle manufacturer BYD’s first factory in South-east Asia is in Thailand.

US Senate panel approves China vehicle crackdown Bill that could hit Mercedes-Benz

A provision in the Bill would ban companies with more than 15 per cent ownership by Chinese entities, effectively banning German automaker Mercedes-Benz, which has 20 per cent passive Chinese investment.

German leader not opposed to Chinese taking over car plants

(FILES) Employees of German car maker Volkswagen (VW) carry flags of German trade union IG Metall as they take part in a rally to protest against restructuring and mass job cut plans at the VW plant in Zwickau, eastern Germany on July 9, 2026. Volkswagen's boss told employees on July 13, 2026 a further 50,000 jobs could go at the struggling auto giant, according to an internal memo seen by AFP, confirming reports the group is targeting 100,000 cuts worldwide. (Photo by Jens SCHLÜTER / AFP)

Volkswagen confirms weighing up to 50,000 more job cuts

The German car titan has come under intense pressure from US tariffs, slimmer profit margins on electric cars and, above all, intense competition in key market China.

Hyundai Motor begins three-day strike after wage talks fail

The union and management have been in talks since May but have failed to reach an agreement.

Car crisis takes toll on Germany’s young engineers

Total employment in the German automotive sector fell eight per cent in the five years to 2025, even as it grew a little over one per cent overall.

Global EV demand rises for 4th straight month as Europe offsets China, US weakness

Registrations climbed 7 per cent from a year earlier to two million in June, while first-half volumes were up 2 per cent.

E-paper

Newsletters

Podcasts

RSS Feed

About Us

Terms & Conditions

Personal Data Protection Notice

Need help? Reach us here.

Advertise with us

MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.