Etiqueta: Germany

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.

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.

Qualcomm and BMW unveil Snapdragon Ride Pilot, a hands-free driver-assistance system targeting Tesla and BYD competition.

LONDON/FRANKFURT/BERLIN (Reuters) -Chinese and European carmakers are set to face off at next week's Munich car show, reflecting intensifying competition on the continent that has pitted incumbents such as Volkswagen against EV giant BYD and newcomers GAC and Changan. This year's IAA Mobility, the continent's biggest biennial car show, comes as European automakers lose ground in China - the world's biggest market - in what some executives have described as a "Darwinian" price war. At the same time, to escape pressure at home Chinese automakers are expanding into Europe in search of profits, above all electric vehicle maker BYD, whose global sales soared to 4.2 million cars in 2024, up ten-fold from 2019.

Time to compare three chart-topping family PHEVs on price, practicality and comfort

Chinese automaker BYD's Yangwang U9 Track Edition hypercar achieves 294 mph, setting a new top speed record for production electric vehicles, surpassing the previous record holder Rimac Nevera R by a significant margin.

The Munich auto show is approaching. While some foreign media outlets may seize the opportunity to highlight the “competition” posed by China, it is important to recognize that behind Chinese vehicles is an evolving supply chain built on China-Europe cooperation.