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Trade deal or not, India won’t be easy for EU carmakersEuropean carmakers gain a significant advantage with a new EU-India trade deal. Tariffs on imported cars will drop sharply, opening India's...
EU carmakers face tough India market even after trade dealEuropean carmakers will see reduced tariffs on car imports to India following an EU-India trade deal, dropping from 110% to 40%.
'Why not?' Europeans warming up to Chinese electric carsChinese electric vehicle (EV) makers are aggressively targeting the European market, showcasing their technology-packed EVs at the Munich a...
BMW CEO warns 'can't afford mistakes' ahead of full electric launchBMW anticipates a reshuffling of the automotive sector. The company is investing heavily in its new electric vehicle line. CEO Oliver Zipse...
EU car industry sees relief - and pain - in US trade dealThe European Union car industry sees the United States trade deal as a partial relief. However, tariffs will still negatively affect the in...
Why Porsche is no longer a 'premium' sports car in ChinaGerman automakers are losing ground in China's high-performance car market to Chinese rivals like Xiaomi, which offers electric, smart, and...
Carmakers get inventive as global chip crisis bitesThe shortage, due to supply problems and a surge in demand for consumer electricals during the pandemic, has hit the auto industry hard, wi...
Shades of Detroit? Germany's auto heartlands in peril as 'golden age' fadesA malaise in Germany's automobile industry has started to leave a wider mark on Europe's largest economy.
Volkswagen’s crippling supplier feud shows limits of penny pinchingVW agreed to compensate Bosnian parts maker Prevent Group for a canceled contract and extend their partnership for another six years.
How Volkswagen’s US ambitions planted the seeds of its downfallTo regain relevance in the US, Winterkorn had bet that Americans, who were rapidly shifting to Japanese-made hybrids, could be convinced to...
Volkswagen Chairman Ferdinand Piech resigns amid leadership crisisVolkswagen said in a statement that Piech had resigned from his position as Chairman as well as member of the supervisory board and any oth...
- Mercedes ropes in Schumacher for new F1 team to shed 'old man' image
Mercedes-Benz scored a publicity coup by luring Michael Schumacher out of retirement to race for its new Formula One team. It might backfir...
- Daimler launches first German hybrid car
German luxury car maker Daimler launched its first hybrid model last week, almost 10 years after the market leader, Toyota.