Porsche is weighing a move of Cayenne production from Slovakia to its Leipzig plant in Germany, subject to workers at the German factory agreeing to wage reductions.

Momenta has launched an IPO on the Hong Kong Stock Exchange, seeking to raise HK$5.9bn ($752m) at HK$295.60 per share.

Volkswagen is assessing the closure of four factories in Germany and cuts of as many as 100,000 jobs, in what would amount to the “biggest” restructuring in the global automotive industry.

Waymo has established a German legal entity, signalling preparations for a potential entry into the European robotaxi market.

AI-powered innovations crucial for Indian automotive component MSMEs to thrive in competitive market, says GlobalData ...