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Europe News

EU-made combustion cars to comply with 90% emissions reduction by 2035

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Belgium

EU car industry's top five concerns ahead of talks with von der Leyen

Friday is the third and last crisis meeting of its kind this year, part of what the European Commission has billed the "Strategic Dialogue on the Future of the Automotive Industry."

Business

Are German politics to blame for the automotive industry crisis?

At the opening of the International Motor Show (IAA) in Munich, a trade expert spoke to Euronews about the challenges facing Germany's automotive sector and says political decisions are to blame.

Europe News

Euroviews. Zero-emission trucks are ready, but Europe is not

The EU's current regulatory path is setting Europe’s truck and bus makers up for failure, argues Christian Levin, the Chairman of the Commercial Vehicle Board of ACEA and CEO of Traton Group and Scania. He calls for concrete results from the Strategic Dialogue for the auto sector.

Europe News

The European Green Deal and the car industry - a fight to the death?

Carmakers have been at odds with the EU’s pledge to reach carbon neutrality by 2050 since the European Green Deal was unveiled by the European Commission almost six years ago, arguing that climate ambitions would destroy the sector’s competitiveness.

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Europe News

How the car industry split the European Parliament

Political groups disagree over how best to help the sector - the coming months will be crucial.

Europe News

Worries about European road safety after EU-US trade agreement

EU recognition of US car safety standards could have dangerous consequences for the safety of drivers, pedestrians and cyclists, NGOs warn.

Business

Automotive giant Stellantis faces €1.5 billion hit from US tariffs

Stellantis is bracing for €1.5 billion in losses due to US tariffs this year, placed both on cars and car parts.

Europe News

German politicians furious at von der Leyen over new EU-US trade deal

German businesses and politicians are shocked by the customs deal that EU executive chief Ursula von der Leyen negotiated with the US president, seen as potentially damaging to Germany's economy.

Business

Hammered by US tariffs, Volkswagen’s profit drops sharply

Germany’s Volkswagen cut its financial guidance for 2025 after US tariffs took a €1.3 billion toll on its income in the first six months. But European sales and EVs appear to support future growth.

Economy

Trade issues on the table at scaled-back EU-China summit in Beijing

European leaders demanded a more balanced relationship with China at a summit with President Xi Jinping in the Chinese capital on Thursday, as the bloc runs a massive trade deficit with the Asian giant of around €300 billion.

Markets

Renault shares plummet 17% after profit warning and weak results

The carmaker disappointed with its preliminary financial figures for the past six months and has not yet found a permanent successor to former CEO Luca de Meo, instead appointing an interim leader.

Business

Nissan is closing flagship Oppama plant in Japan to cut costs

The factory in Oppama, Japan, employs approximately 2,400 people, who will lose their jobs in March 2028. Car production will move to another Nissan plant in southwestern Japan.

Business

Volkswagen and Chinese partner SAIC to close Nanjing production plant

After 17 years, car manufacturing giant Volkswagen and partner SAIC are closing down their joint production plant in the Chinese city of Nanjing.

Business

Volvo Cars sales plunge 12% in May as tariff challenges continue

Rising tariff uncertainty and higher material prices, among other factors, has resulted in several European car companies to implement drastic cost-cutting measures.

Business

Volkswagen in direct talks with US government regarding tariff deal

German carmakers such as Mercedes-Benz and BMW are also reportedly trying to negotiate tariffs directly with the US Secretary of Commerce, Howard Lutnick.

Business

Volvo Cars announces that it will be slashing 3,000 jobs to cut costs

The majority of the job cuts will affect office-based positions in Sweden. Volvo Cars said the decision would help to build a stronger and more resilient company down the line.

Business

Faulty brakes: Ford recalls some 274,000 Navigator and Expedition SUVs

The US carmaker is recalling two models manufactured between 2022 and 2024, after they received dozens of warranty reports pointing to a potential risk of the brake system.

Business

Mercedes moving production of its GLC SUV from Germany to the US

Due to the US President’s tariff policy, carmakers across the globe are considering boosting their local US-based production.

Business

BMW Group profits plunge but outlook maintained despite tariff impact

The German carmaker reported earnings below the previous year’s level but confirmed its financial targets for this year, and said it expects some of the US trade tariff increases to be temporary.

Business

Ford expects a €1.39bn hit from Donald Trump’s tariffs in 2025

The US-based company is one of the least affected carmakers hit by US trade tariffs, yet it pulled back its entire forecast for the year, citing uncertainty and potential supply chain disruptions.