Business insights for the global leather community

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Volkswagen to cut 50,000 jobs in Germany

Volkswagen plans to eliminate around 50,000 jobs in Germany by 2030 as part of a wider restructuring programme, according to CEO Oliver Blume in the company’s 2025 shareholder letter. Read More...

Premium car segment in turmoil

Martin Ricker

The premium automotive sector is in turmoil, caught between strict emissions targets and waning consumer interest in EVs; putting pressure on both sales and leather interiors. Martin Ricker elaborates. Read More...