Nissan to cut more than 20,000 jobs after poor 2024
Following poor results for fiscal 2024, automotive OEM Nissan will make an additional 11,000 job cuts on top of a previously announced 9,000. Read More...
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Bentley introduces Heritage Leather for modern models
Bentley Motors has announced that its Heritage Leather, originally developed by Mulliner for the Blower and Speed Six Continuation Series, is now available for its latest models. Read More...
Automotive revenue down for Renault in Q1
Renault Group posted steady results for the first quarter of 2025, though automotive revenue declined year-on-year. Read More...
Bentley introduces AI leather inspection
Bentley Motors has unveiled a new artificial intelligence-powered leather inspection system designed to improve efficiency, quality and sustainability in its vehicle interiors. Read More...
OEMs ready for change in ILM May/June 2025
The automotive industry is bracing itself for a period of change and transformation, and two OEMs are featured in ILM's May/June 2025 edition, available now. Read More...
Major job cuts at Audi and Porsche
Volkswagen Group’s Audi will cut up to 7,500 jobs in Germany by 2029 in areas such as administration and development, the premium carmaker said on March 17. Read More...
Mercedes-Benz reports declines in 2024
Mercedes-Benz has announced declines in its financial results for 2024 and introduced a multi-year strategy to enhance resilience and long-term performance. Read More...
Stellantis anticipates return to growth in 2025
Stellantis has announced declines in its full 2024 financial results but predicts a return to growth and profitability in 2025. Read More...
Profit growth for Schaffer Group in first half
Australian automotive leather supplier Schaffer Group has reported its financial results for the first half of the financial year. Read More...
Pecca Group achieves record profit in second quarter
Automotive and aviation leather supplier Pecca Group Berhad has reported a record-high quarterly profit for the second quarter ended December 31, 2024. Read More...
