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Car industry in crisis

Business

One in three French auto jobs wiped in dramatic 13-year decline

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Business

From James Bond to budget cuts: Tariffs put pressure on Aston Martin

The British carmaker’s warning of deeper-than-expected losses sent shares plummeting, a stark reminder that prestige cannot shield a brand from tariffs and sluggish demand.

World News

EU auto summit: No matter what, the future of cars is electric

The meeting between the President of the EU Commission and top representatives of the automotive industry was highly anticipated. Brussels stood firm by its CO2 targets until 2035.

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

Car sales in Europe: Which brands are rising and falling?

Europe’s carmakers are grappling with tariffs and fierce competition amid the shift to EVs. As European Commission President Ursula von der Leyen prepares to meet industry leaders Friday to discuss the future of the auto sector, new sales and market share data reveal how the sector is reshaping.

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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.

Germany

Mercedes CEO answers top three questions about car industry's future

Europe's auto industry faces a crisis due to stuttering sales, high energy prices, and global competition. Mercedes-Benz CEO and ACEA President Ola Källenius shares his thoughts on the industry's future and other key issues in a Euronews exclusive.

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.

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

Crash or rescue: European carmakers look to EU for salvation

The current crisis affecting the European automotive industry is an acute threat to Europe’s economic future. Will a summit between the auto sector and Ursula von der Leyen on Friday provide a life-line?

Business

Mercedes sees profits slump by more than half amid US tariff turmoil

German carmaking powerhouse Mercedes-Benz also issued new predictions for this year’s revenue, indicating that it will be significantly below last year's total.

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.

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

Renault reports nearly €10 billion non-cash loss due to Nissan stake

The French carmaker said it would change the way it accounts for its stake in its long-term Japanese partner, based on Nissan’s share price.

Economy

Japan shipments to US decline as trade tariffs slow export growth

The world's fourth-largest economy is one of the hardest hit by the US administration's elevated trade tariffs on cars, resulting in Japanese exports slowing in April.