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Economy

Trump hints at automobile levies and exemptions on reciprocal tariffs

US President Donald Trump indicated that he would impose auto tariffs in the coming days, alongside a possibility of granting exemptions for some countries based on reciprocal tariffs. The comments triggered a sharp rebound in the US stock markets as investors expected a softened tariff stance.

Economy

Trump temporarily suspends tariffs on Mexico and Canada’s carmakers

US President Donald Trump is exempting the automakers from 25% tariffs for one month after negotiating with major industrial leaders. Auto stocks rose following the news.

Travel News

Can car-sharing fix Paris’s most traffic-choked road?

Other initiatives aimed at reducing pollution and noise in Paris have led to new cycling lanes and car-free zones.

Europe News

At least 28 injured in Munich in apparent car ramming attack

Police say the suspect is a 24-year-old Afghanistan national who has been apprehended at the scene of the incident, which the authorities believe was intentional.

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Business

Japanese car makers Honda, Nissan and Mitsubishi end talks on tie-up

Honda and Nissan announced in December they were planning on holding talks to set up a joint holding company while Mitsubishi said later it was considering joining the group.

Markets

European markets reach more new highs despite US-EU trade war risks

The European stock markets have been exceptional this year, with both the Euro Stoxx 600 Index and the DAX repeatedly reaching new highs, despite the risks of a widening global trade war.

Lifestyle

Exceptional vehicles: the best of Rétromobile 2025

It's been a record breaking year for entries and sales at the Rétromobile show at Paris Expo Porte de Versailles. The 49th edition was marked by the 70th anniversary of the Citroën DS, which took pride of place among the 1,200 collector vehicles and 550 exhibitors.

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Rare vintage cars at Paris' Grand Palais for Bonhams' auction

Collectors and enthusiasts gather at Paris's Grand Palais to admire 100 classic cars, including a 1950 Ferrari 166 MM, ahead of Bonhams' auction on 6 February 2025.

Business

General Motors revenue outshines hefty charges tied to China

General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street.

Business

Jaguar Land Rover invests in custom paint services for luxury clients

Wealthy clients will be able to match their car's palette with their private jet or yacht colours, added the company statement.

Economy

EU new car registrations inch up in 2024 as Spain boosts figures

While new car registrations remained strong in Spain, other major European markets, including France and Germany, saw marked declines.

Business

Mercedes and Porsche 'downgraded' as German car makers struggle

As European car makers face mounting challenges in 2025, Goldman Sachs has downgraded both Mercedes-Benz AG and Porsche SE, citing rising costs, tariffs, and margin pressures.

Business

China sees a boom in EV sales while petrol-filled cars tank

Plug-in hybrids saw the most rapid growth in 2024, attracting a second generation of electric vehicle buyers who are nervous about buying pure EVs or looking for the more extended range that hybrids can provide.

Business

VW management to take €300 million pay cut following union pressure

The news comes after Volkswagen reached a historic deal with unions in December.

Travel News

Drivers lose 101 hours a year in Europe’s most congested city

Traffic jams cost each driver more than €1,000 in wasted time in Europe’s most congested city last year.

Travel News

How to avoid Europe’s new fines for driving offences in 2025

Countries in the bloc are cracking down on emissions, dangerous driving and noise pollution.

Culture news

Stormzy banned from driving for nine months

'Shut Up' rapper told to shut away his car keys after being caught using his phone while driving.

Europe News

Electric cars: Which regions in Europe have the highest density?

Norwegian, Swedish, and Dutch regions are leading the charge, while certain areas in Greece and Spain have almost no electric car registrations.

Spain

Spain busts international crime ring for alleged car import tax scam

An international crime network defrauding over €17 million in VAT on luxury cars has been dismantled, resulting in 30 arrests across Spain and Germany.

Business

Aviva buys Direct Line, gaining share of the UK motor insurance market

Earlier this year, Direct Line rejected two takeover bids from the Belgian insurer Ageas where the second offer valued the firm at £3.2bn, which Direct Line branded as "unattractive" offer for shareholders.