Car industry in crisis

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.

11/09/2025

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.

11/09/2025

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.

10/09/2025

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.

10/09/2025

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.

09/09/2025

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?

08/09/2025

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.

30/07/2025

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.

25/07/2025

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.

16/07/2025

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.

15/07/2025

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.

01/07/2025

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.

21/05/2025

Business

Nissan to shed 20,000 jobs as Japanese automaker reports loss

Nissan is slashing about 15% of its global workforce, or about 20,000 employees, as the Japanese automaker reported a loss Tuesday for the fiscal year that just ended.

13/05/2025

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.

07/05/2025

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.

06/05/2025

Business

Why Trump’s tariffs are a serious threat to the German car industry

US tariffs are affecting up to €67bn of EU automotive industry exports, the majority of which are coming from Germany. BMW, Volkswagen and Mercedes must choose between pausing shipments or absorbing tariff costs.

09/04/2025

Business

Porsche reports significant plunge in European and Chinese deliveries

Although North American deliveries soared 37% in the first three months of the year, they were not enough to offset Porsche’s steep falls in other key markets.

09/04/2025

Business

Volkswagen shares rise on outlook despite 2024 profit declining

Volkswagen AG concluded 2024 with lower operating results but slightly increased sales revenue. The carmaker presented its plans to navigate the challenges coming from the US and China, but they haven’t factored in tariffs for 2025.

11/03/2025

Business

The EU’s plan to save the ailing European car industry

In a new action plan to boost Europe's car industry, the European Commission pledged to support EV battery manufacturing, one of five flagship initiatives. Brussels also gave more flexibility for meeting this year’s CO₂ targets.

05/03/2025

Europe News

Belgian Audi factory closes, leaving thousands of workers jobless

Audi operations will be moved to China and Mexico due to high costs. Future uses for the site in the Brussels neighbourhood of Forest are being considered.

28/02/2025