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Tag: measures
Porsche to intensify cost-cutting measures amidst tariff pressures
Porsche is facing challenges in the luxury car market, particularly in China and the United States, prompting the…
UK’s measures for self-driving vehicle rollout
The UK government has announced measures to accelerate the rollout of self-driving vehicles, a move that has been…
Mercedes-Benz cost-cutting measures
Mercedes-Benz has recently come to an agreement with its works council to implement staff buy-outs and reduce planned…
Li Auto unveils measures to smooth out expiration of China’s trade-in subsidy
Li Auto's local peer Nio recently announced a new limited-time 0-interest financing plan, following the expiration of China's…
Volkswagen CEO outlines urgent cost-cutting measures
Volkswagen Group CEO Oliver Blume recently emphasized the critical need for urgent measures to reduce labor costs and…