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Mercedes weighs €800m labour cost cuts in Germany, report says

Mercedes weighs €800m labour cost cuts in Germany, report says

Berlin: Mercedes-Benz is aiming to cut around €800 million in labour costs in Germany, according to a report by German business publication WirtschaftsWoche, which cited three people familiar with the matter. The report said the carmaker is considering a number of options, including increasing working hours without additional pay, adjusting holiday and Christmas bonuses, or eliminating certain special payments. Mercedes-Benz declined to comment on what it described as speculation surrounding ongoing discussions. According to the report, management has told employees that manufacturing in Germany has become increasingly expensive and has called on workers to support cost-reduction efforts. The report added that two German plants could face closure if cost-saving targets are not achieved. The reported measures come as Germany's automotive sector faces growing pressure from lower-cost Chinese competitors while also dealing with tariffs and the substantial investment required for the transition to electric vehicles. Mercedes is not alone in pursuing cost-cutting measures. Volkswagen is undertaking what it has described as the most extensive restructuring programme in its history, while BMW has also announced plans involving workforce reductions as the industry adapts to changing market conditions. The report underscores the broader challenges facing Germany's carmakers as competition intensifies and the shift towards electrification continues to reshape the global automotive industry.

Mercedesneutral
Sep 24, 2026 · byMobile Business
XPeng shops its self-driving tech to automakers — Tesla found no takers

XPeng shops its self-driving tech to automakers — Tesla found no takers

XPeng is trying to turn its self-driving and smart-cockpit systems into a licensing business, courting automakers, suppliers, and software firms well beyond its existing Volkswagen deal, according to a Reuters report. It’s the exact playbook Tesla has been pitching for years with “Full Self-Driving.” The difference is that XPeng is finding interest. more…

Teslaneutral
Sep 18, 2026 · byElectrek
Do Not Miss Out on XPENG

Do Not Miss Out on XPENG

NYSE:XPEV XPENG - AI, Autonomy, And A Channel Within A Channel. Three Entry Scenarios. XPENG is one of the most compelling stories in the EV space right now and it goes well beyond electric cars. Q2 2026 revenue came in at $2.91 billion, up 51.5% quarter-over-quarter, with gross margins expanding to 20.7%, up 3.4 percentage points year-over-year. The cash position stands at $5.97 billion. Its Volkswagen partnership, one of the largest Western automakers in the world choosing XPENG's technology as the foundation for its next-generation vehicles in China, is one of the strongest third-party validations a Chinese EV company has received. Add proprietary chip development, an autonomous driving platform that is genuinely competing with the best in the world, a humanoid robotics division already valued at over $6 billion, and analyst consensus implying 86% upside from current levels, this is not just an EV play. It is a physical AI company wearing an EV badge. The Setup Up until 2024 XPENG was locked in a sustained downtrend. That downtrend was broken, a significant structural shift. Since the breakout, the stock has been operating within a well-defined ascending channel, with resistance tested three times and support tested three times. The structure has been respected consistently. https://www.tradingview.com/x/EafQR7Xt/ After testing channel resistance in November 2025, price entered a corrective descending channel within the larger uptrend, a consolidation phase heading toward the ascending channel support. We have three potential entry scenarios, all confirmed, none anticipated: Scenario 1 - A weekly close above the descending channel resistance. The corrective structure resolves to the upside and the next leg of the larger channel begins. https://www.tradingview.com/x/OsOvbJCr/ Scenario 2 - A confirmed bounce from the ascending channel support. Price reaches the lower boundary of the larger channel, buyers step in, and the structure holds. https://www.tradingview.com/x/sQSfhuC8/ Scenario 3 - If channel support fails, a retest of the Horizontal Support all time low is likely https://www.tradingview.com/x/iuZM2Mwj/ We are not in a position yet. We are watching all three levels. The chart tells us when. Keep posted for any updates.

Sep 16, 2026 · byTradingView Ideas
Do Not Miss Out of XPENG

Do Not Miss Out of XPENG

NYSE:XPEV XPENG - AI, Autonomy, And A Channel Within A Channel. Three Entry Scenarios. XPENG is one of the most compelling stories in the EV space right now and it goes well beyond electric cars. Q2 2026 revenue came in at $2.91 billion, up 51.5% quarter-over-quarter, with gross margins expanding to 20.7%, up 3.4 percentage points year-over-year. The cash position stands at $5.97 billion. Its Volkswagen partnership, one of the largest Western automakers in the world choosing XPENG's technology as the foundation for its next-generation vehicles in China, is one of the strongest third-party validations a Chinese EV company has received. Add proprietary chip development, an autonomous driving platform that is genuinely competing with the best in the world, a humanoid robotics division already valued at over $6 billion, and analyst consensus implying 86% upside from current levels, this is not just an EV play. It is a physical AI company wearing an EV badge. The Setup Up until 2024 XPENG was locked in a sustained downtrend. That downtrend was broken, a significant structural shift. Since the breakout, the stock has been operating within a well-defined ascending channel, with resistance tested three times and support tested three times. The structure has been respected consistently. https://www.tradingview.com/x/EafQR7Xt/ After testing channel resistance in November 2025, price entered a corrective descending channel within the larger uptrend, a consolidation phase heading toward the ascending channel support. We have three potential entry scenarios, all confirmed, none anticipated: Scenario 1 - A weekly close above the descending channel resistance. The corrective structure resolves to the upside and the next leg of the larger channel begins. https://www.tradingview.com/x/OsOvbJCr/ Scenario 2 - A confirmed bounce from the ascending channel support. Price reaches the lower boundary of the larger channel, buyers step in, and the structure holds. https://www.tradingview.com/x/sQSfhuC8/ Scenario 3 - If channel support fails, a retest of the Horizontal Support all time low is likely https://www.tradingview.com/x/iuZM2Mwj/ We are not in a position yet. We are watching all three levels. The chart tells us when. Keep posted for any updates.

Sep 16, 2026 · byTradingView Ideas
Volkswagen — Bullish Buying Setup | Upside Momentum

Volkswagen — Bullish Buying Setup | Upside Momentum

Volkswagen is currently presenting a constructive buy-side opportunity, with the broader price structure showing signs of improving bullish momentum. The setup is focused on a potential continuation toward higher levels as buyers attempt to strengthen their control over the current market direction. 📈🔥 The analysis is based on the overall behaviour of price rather than a single candle or isolated level. The current structure suggests that downside pressure is losing influence, while the buying side is gradually becoming more prominent. From a technical perspective, Volkswagen is developing within a structure that supports a bullish scenario. If buyers continue to maintain their influence and upward momentum expands, price could progress toward higher resistance areas and potentially establish a broader upward leg. The key element of this setup is the relationship between price structure and momentum. Instead of reacting to short-term fluctuations, the focus remains on whether the market continues to respect the conditions generated by the trading methodology. 📊 Setup Overview - Instrument: Volkswagen - Bias: Bullish 📈 - Direction: Buy - Market View: Upside continuation - Structure: Constructive - Momentum: Buyers gaining influence - Approach: Technical market-structure analysis The current environment provides an opportunity to participate in the potential upside while keeping the analysis centred around a clearly defined framework. Markets rarely move in a perfectly straight line, so short-term retracements should be viewed within the context of the larger structure rather than interpreted independently. If the prevailing conditions remain supportive, Volkswagen could continue building upward momentum and move toward higher price territory. 🔥 Why the Setup Stands Out The attraction of this trade comes from the developing relationship between price action, directional structure and buying pressure. The market is showing characteristics that can support further appreciation, and the buy-side scenario remains the primary focus while those conditions remain valid. The objective is not to predict every individual candle. It is to identify the broader opportunity, follow the established framework and allow price to reveal whether the anticipated continuation develops. Bullish structure. Buy-side pressure building. Higher levels in focus. 🎯📈

Sep 15, 2026 · byTradingView Ideas