Volkswagen has reached an agreement with labour representatives and the state of Lower Saxony over historic job cuts linked to the carmaker's cost-cutting programme. According to Sowetan, the deal followed tense negotiations marked by fear and compromise, with workers' representatives and the state government, a major VW shareholder, securing concessions. The agreement addresses the scale and terms of the workforce reductions as the German automaker seeks to lower costs.

Jaguar Land Rover plans to cut 4,000 jobs over the next two years, according to Capital FM Business. The reductions are expected to fall mainly at the carmaker’s UK-based head office rather than across other operations. Details beyond the timetable, total number affected and the concentration at head office were not provided in the report.

Volkswagen has agreed on key terms to sell its Osnabrück factory in Germany, which will be converted into a defence production hub. Investment company Aurelius would become the majority owner, while the state of Lower Saxony would acquire a stake. According to the report, Israeli defence company Rafael Advanced Defense Systems is expected to become the facility's first major industrial partner.

More than 1,100 jobs are at risk at Sibanye-Stillwater's Kwezi shaft in Rustenburg, South Africa, as the mining company considers restructuring the operation. According to IOL, the potential job losses come amid declining reserves and reduced production at the shaft. The company is weighing the future of the site as part of a broader review, with workers and unions facing uncertainty over the outcome of the restructuring process.

Ford is facing criticism from US lawmakers over its partnerships with Chinese companies, as the automaker navigates the tension between staying competitive in the global market and responding to domestic political pressure. According to TimesLIVE, legislators have questioned the company's strategy, which has drawn scrutiny amid mixed signals from Ford about how it intends to balance its international business interests with concerns raised at home about ties to China.

Volkswagen is considering selling Italian motorcycle manufacturer Ducati as part of a broader review of its holdings, according to Moneyweb. Ducati is reportedly among roughly 600 of Volkswagen's 2,000 businesses being examined in the assessment. The potential divestment forms part of the German carmaker's efforts to evaluate its extensive portfolio of businesses and determine which assets remain core to its operations.