Cars
- Europe
Stellantis revenue plunges as falling EU and US sales hit car giant
Europe’s second-largest car maker, Stellantis, reported that its net revenues slumped by 27% in its latest earnings update as it…
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Fossil fuel company car subsidies cost EU taxpayers €42bn a year
Subsidies for petrol and diesel company cars cost EU taxpayers €42bn a year, study finds. ADVERTISEMENT Subsidies for petrol and…
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EU DECODED: Pros and cons of tariffs on Chinese electric vehicles
The first episode of this programme that aims to decode the European Union (EU) legislative process explains why the European…
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Tesla gets go-ahead for controversial factory expansion in Germany
The US electric car maker has plans to build the biggest car plant in the country, manufacturing one million cars…
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Macron opens Paris Motor Show amid crisis for French carmakers
The French president called for tariffs on Chinese EVs and a united European strategy as the auto industry struggles. ADVERTISEMENT…
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Why are carmakers pleading for a respite from EU climate policy
The head of the European Automobile Manufacturers’ Association explains why the industry faces multi-billion euro fines next year when stricter…
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Tesla poised to report record third-quarter deliveries
Tesla is expected to report a record number of deliveries for the third quarter next week, fuelled by strong sales…
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Italy, Germany to propose rethink on petrol and diesel car ban
Rome and Berlin are siding with the European automotive industry in calling for the EU to relax CO2 emissions standards…
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DAX may face pressure amid rising economic and political uncertainties
Germany’s stock market has continued to reach new highs, buoyed by the easing monetary policies of global central banks. However,…
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What is behind the huge drop in Mercedes’ share prices?
The German carmaker’s shares started Friday with an almost 7% drop as the company significantly cut its expected results for…
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