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European Car

Renault to cut 2,400 engineering jobs as Chinese rivals turn up the heat

French carmaker Renault has said it plans to reduce its number of engineers by 15 to 20% percent in the coming two years.

15 Apr 2026-09:40
Volvo Cars to focus on Lynk & Co EV sales in Europe

Volvo Cars (VOLCARb.ST) announced on Monday that it has signed a memorandum of understanding with its Chinese sister company Geely Auto (0175.HK) to become the exclusive importer and distributor of Lynk & Co electric vehicles in Europe.

31 Mar 2026-01:15
India to cut EU car import tariffs as trade deal nears

India plans to sharply reduce tariffs on cars imported from the European Union, cutting duties to 40% from levels as high as 110%, sources said, marking the country’s most significant opening yet of its protected auto market as the two sides move closer to a free trade agreement that could be announced as early as Tuesday.

26 Jan 2026-10:17
EU rethinks 2035 combustion car ban under industry pressure

The European Union is set to rethink its landmark 2035 ban on new petrol and diesel cars, yielding to mounting pressure from major automakers and key member states, according to industry and EU sources.

15 Dec 2025-10:11
European car industry faces ‘irreversible decline,’ Stellantis Chairman warns

Stellantis Chairman John Elkann has warned that Europe’s automotive sector is at risk of an “irreversible decline” unless the European Commission grants manufacturers greater flexibility on emissions targets.

25 Nov 2025-14:58
Hungary says EU drives countries into cold war with China

The EU's policy towards China threatens to provoke an economic standoff with this country, Hungarian Prime Minister Viktor Orban said, News.az reports citing Interfax .

04 Oct 2024-14:42
EU passenger car sales projected to hit 10.5M in 2022

08 Feb 2022-22:36

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