A roundup of the latest business news, including the potential privatization of "60 millions de consommateurs," Audi job cuts, Skoda's success, and modern wealth indicators. Read more...

Škoda Auto enters the Omani market with ambitious sales goals while simultaneously announcing a 15% workforce reduction due to electric car profitability concerns. Read more...

Volkswagen Group faces challenges as Porsche and Audi struggle, while Škoda thrives. Billionaire families grapple with control, and wealth signifiers evolve beyond luxury cars. Read more...

Tesla is finalizing its first showroom in Mumbai and posting job openings, signaling its imminent entry into the Indian market. Meanwhile, Skoda expands to Oman. Read more...

Škoda Auto plans to reduce its workforce by 15% while expanding its electric vehicle offerings. CEO Klaus Zellmer cites lower EV profitability as a key driver. Read more...