Etiqueta: Europe

MUNICH (Reuters) -Major automakers showcased their latest models at the Munich car show on Monday, unveiling new EVs and lower-cost models as Europe's auto sector fights crises ranging from tariff hikes to rising costs and rivalry with Chinese firms on their home turf. With many auto companies concerned over Europe's tough-to-meet carbon emissions targets for 2035, several firm said they would widen their production focus rather than restrict themselves to electric or other alternative-fuel vehicles. European automakers at the IAA Mobility show in Munich, running until Friday, also face sinking sales in China, the biggest single market for Volkswagen, BMW and Mercedes-Benz.

MUNICH (Reuters) -Major automakers will showcase their latest models at Munich's car show on Monday as Europe's automotive sector faces crises ranging from U.S. tariff hikes to costly electrification and the expansion of Chinese automakers on their home turf. Aside from a product blitz to counter Chinese models being pushed to European consumers, including by BYD, Changan and GAC, domestic firms will focus on lobbying to persuade the European Union to reconsider its 2035 ban on combustion-engine cars. Attention will also be on U.S. President Donald Trump's tariffs on European-made cars.

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?

MUNICH, Sept. 08, 2025 (GLOBE NEWSWIRE) -- “Europe is a vast landscape and each nation has its own specificities. The work we are doing in each...

MUNICH, Germany, Sept. 08, 2025 (GLOBE NEWSWIRE) -- BYD used the IAA Mobility 2025 show in Munich to present new models, confirm the development of...

Chinese automotive giant BYD has established a significant foothold in Europe's commercial vehicle market, leveraging its electric bus expertise while expanding into freight transport as the continent accelerates its transition to zero-emission transportation.

MUNICH (Reuters) -Volkswagen on Sunday unveiled a concept for a new small electric SUV that is part of the carmaker's push to offer affordable battery-powered vehicles. "From the very beginning, my goal was to shape the best version of the Volkswagen brand of all time," Volkswagen brand chief and group board member Thomas Schaefer said at the IAA Munich car show. "The near-production concept car of the ID.CROSS demonstrates that we are now truly delivering."

Yahoo Finance is chronicling the latest news and updates on Trump's tariffs.

BYD and Tesla are locked in a global battle for EV dominance — and now, the Chinese automaker has raised the stakes, adding a new car to its lineup.