Tuesday, July 28, 2026

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Porsche’s Future Plan: Luxury Automaker Begins Major Transformation

Porsche and its works council have agreed on a comprehensive future package aimed at making the sports car manufacturer more competitive. The plan includes thousands of job reductions, extended site guarantees and major investments as Porsche responds to slowing demand, rising costs and challenges in the global automotive market.

20hrs ago

Merz Faces Key Decision After Spahn's Exit

German Chancellor Friedrich Merz is moving to appoint a new CDU/CSU parliamentary leader after Jens Spahn stepped down. The leadership change comes at a sensitive moment for Germany's governing coalition and could shape the government's political agenda in the months ahead.

1w ago