Keywords: Industry


His Majesty King Mohammed VI delivers Throne Day address to the Nation

On the occasion of the 27th anniversary of his accession to the Throne of his Glorious Ancestors, His Majesty King Mohammed VI delivered his annual Throne Day address to the Moroccan people. Below is the full text of the Royal Speech: "Praise be to God. May peace and blessings be upon the Prophet,......

Throne Day 2026: Key messages from HM King Mohammed VI's Throne Speech

On the occasion of the 27th anniversary of his accession to the Throne of his illustrious ancestors,HM King Mohammed VI delivered his traditional Throne Speech, outlining Morocco's main priorities and strategic direction for the years ahead. In an address marked by confidence and a call for collective......

Audi unveils new Q9 luxury SUV with premium features and powerful engines

Audi has officially introduced the new Q9, a large luxury SUV designed to compete with established models such as the BMW X7 and Mercedes-Benz GLS. The vehicle combines a spacious interior, advanced technology and a range of powerful engines, positioning it as a new flagship in Audi's SUV lineup. Measuring......

Airbus beats second-quarter expectations as aircraft deliveries and defence business boost profits

Airbus reported stronger-than-expected second-quarter results, driven by a sharp increase in commercial aircraft deliveries and solid performance from its defence business. The world's largest aircraft manufacturer posted adjusted operating profit of €2.43 billion, a 54% increase compared with......

Germany recalls 1.78 million vehicles over technical defects

Germany recalled around 1.78 million vehicles in 2025 after authorities identified various technical defects during market inspections and safety checks, according to data from the country's Federal Motor Transport Authority. The number of vehicles affected by recall campaigns fell by approximately......

Russian drone designer wounded in apparent assassination attempt in Tula

A Russian engineer involved in the development of military drones was wounded on Wednesday in an apparent assassination attempt in the city of Tula, western Russia. According to the company Ovod and Russian authorities, the attack targeted Andrei Tcherezov, the chief designer and lead developer of the......

BMW plans to cut around 8,000 jobs by 2027 amid industry challenges

German automaker BMW is preparing to reduce its workforce by around 8,000 positions by the end of 2027 as part of a voluntary departure program agreed with employee representatives. The measure comes as the luxury car manufacturer faces weaker demand in key markets and growing pressure to improve efficiency. According......

Kia invests $649 million to produce and sell electric vehicles in Mexico

Kia has announced plans to manufacture and sell a fully electric vehicle in Mexico, reinforcing the country's growing role as a strategic hub for electric vehicle production in North America. The automaker will invest $649 million in its Mexican operations, according to Hugo Chávez, Kia's......

Eicher Motors surpasses profit forecasts as Royal Enfield drives strong domestic growth

Eicher Motors reported quarterly earnings above market expectations, supported by robust domestic demand for its iconic Royal Enfield motorcycles and the positive impact of price increases. For the quarter ended June 30, the Indian automaker posted a consolidated net profit of 14.63 billion rupees (approximately......