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Business

Car giant Stellantis gears up for multi-billion dollar US investment

The global car maker Stellantis has announced that it would be heavily focusing on investing in its US operations in the coming future, in order to increase its sales volume and market share.

Economy

European car makers could see rocky 2025 amid changing regulations

Several challenges, such as changing emissions laws, as well as cost pressures could continue to erode car manufacturers' profit margins this year, according to the Society of Motor Manufacturers and Traders.

Economy

Europe’s car makers call for compromise with US to calm tariff fears

In an open letter to EU leaders, the European Automobile Manufacturers' Association (ACEA) has highlighted why Europe should strive to maintain good trade relations with both the US and China.

Business

Renault Group sales zoom ahead after 2024 European performance boost

A number of new model launches, including hybrid and all-electric vehicles, helped Renault Group deliver a rise in sales in Europe last year.

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Business

Rolls-Royce Motor Cars announces major UK investment after record year

British automaker Roll-Royce Motor Cars has said that it would be ramping up investment in its Goodwood manufacturing location, in an attempt to strengthen its commitment to the UK.

Business

Mercedes-Benz may cut back on profit outlook as car market slows

The German car manufacturer Mercedes-Benz continues to struggle with a lacklustre auto market and weakening demand.

Business

Stellantis CEO Tavares quits: Why his EV bet sparked his departure

Carlos Tavares has resigned as Stellantis CEO after nearly four years, amid plunging electric vehicle sales and rising competition from Chinese car makers. His departure highlights the mounting challenges for legacy carmakers in the EV transition.

Business

Aston Martin's losses narrow as car maker's new models boost sales

Aston Martin saw a fall in pre-tax losses for the third quarter of 2024, as sale volumes rose following a range of new model launches, including the release of the DBX707 and the new Vantage.

Business

Mercedes profit driven down as demand slows in Chinese market

The German automaker is pledging to cut costs through 'efficiency increases' after weak Chinese demand hits profits.

Business

Renault tops expectations as new model demand boosts sales

The French car manufacturer, Renault, experienced a better-than-expected revenue performance in the third quarter of the year, as demand for new models soared, leading to increased sales.

Business

Car industry future: EV market obstacles and maintaining profitability

De-motorisation is generally a wealthy, urban phenomenon, according to a new report, although threats to the car industry remain.

Business

Italy's Stellantis becomes latest car giant to issue profit warning

The struggling maker of Jeep and Ram is looking for a new CEO to succeed Carlos Taveres, who is under fire from US dealers and the United Auto Workers union after a dismal first-half financial performance.

Design

Celebrating 110 years of Maserati's iconic designs

To celebrate the 110th anniversary of Italian luxury sports car manufacturer Maserati, we look back at some of the most iconic designs the company has produced since 1914.

Business

Stellantis pauses electric Fiat 500 model production as orders slow

Stellantis, along with other global electric vehicle (EV) makers, has been hit by slowing European demand lately.

Business

Audi row with Brussels workers heats up as it demands return of keys

The carmaker threatens a lawsuit with workers in Brussels if some 200 keys taken by workers aren't returned, as tensions remain high over the potential plant closure.

Business

VW considers German factory closures for first time in 87-year history

Jobs with VW in Germany are meant to be protected until 2029, but the firm could now renege on that promise.

Europe News

Car shuttle trains are Europe's little-known green travel option

A train like this can take passengers from Vienna to the Croatian coast in 14 hours, eliminating the need for overnight hotel stops.

Business

Jaguar cars to take a leap into an electrifying future

Jaguar, the UK's largest car brand, is discontinuing all its petrol-powered vehicles as it accelerates towards becoming all-electric by 2025.

Earth News

Parisians are ditching their cars thanks to these 5 city-wide changes

From big picnics to car-free days and new cycle lanes, Paris is speeding ahead with sustainable transport initiatives.

Business

Safety scandal embroils multinational carmaker Stellantis

The multinational carmaker announced a recall for 530 000 DS 3 and C3 vehicles earlier this week. It’s now believed that 1.4 million cars are affected in France.