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EU Commission preparing 'well calibrated' retaliation to US tariffs

As the US rolls out new tariffs, the European Commission is preparing its response. The latest measures will factor in the car tariffs announced on Wednesday night, along with the reciprocal tariffs expected next week, as trade tensions between Brussels and Washington escalate.

Markets

Trump’s car tariff rattles markets: Industry leaders, analysts react

Trump’s 25% tariff on auto imports jolts equity markets and draws backlash, with European industry groups warning of supply chain shocks, rising prices, and job risks while analysts flag earnings pressure.

Economy

Trump announces 25% auto import levies and lower reciprocal tariffs

US President Donald Trump confirmed 25% tariffs on vehicles not manufactured in the US, set to take effect on 2 April. Auto shares fell across Asia following the news, with the impact expected to ripple through Europe.

Europe in Motion

Which European country has the most reckless drivers?

A new study reveals alarming data on the state of driving in Latvia, Austria, and Greece.

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Business

Alibaba joins forces with BMW to work on AI tech for cars in China

The partnership demonstrates Alibaba’s increased focus on AI, while BMW is also seeking to develop competitive products for the Chinese market.

Earth News

How cutting traffic by a quarter could save 200 lives in Barcelona

From superblocks to port electrification plans, Barcelona’s traffic pollution is slowly improving.

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.

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.