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Jeep vehicles are displayed at the showroom of a car dealership in Milan, Italy, November 21, 2024. REUTERS/Alessandro Garofalo
AnalysisAutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingTrade

Seeking higher margins, Stellantis CEO Tavares lost some core customers

Stellantis faces rising prices and shrinking market share in Europe, where inflation-hit buyers seek affordable alternatives.

FILE PHOTO: Employees work on an electric vehicle (EV) production line during an organised media tour to a factory under Jiangling Group Electric Vehicle (JMEV), in Nanchang, Jiangxi province, China May 22, 2024. REUTERS/Kevin Krolicki/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLegislationManufacturingNewsPoliticsRegulationsTrade

Brussels rejected China proposal for 30,000 euro minimum sales price in EV dispute, sources say

Brussels rejected China's proposal for a minimum price on imported EVs to avoid EU tariffs, citing subsidy concerns and market impact.

Audi is considering closing its plant in Brussels, a move analysts say is symptomatic of the troubles afflicting Europe's wider electric car industry (BELGA)
AutomotiveBusinessElectric Vehicles (EVs)LabourNewsTrade

Europe’s EV troubles bubble up at Brussels Audi factory

Workers at Brussels Audi plant strike after company considers closure of EV factory amid falling sales.

FILE PHOTO: The logo of German automaker BMW is seen in Brussels, Belgium February 28, 2023. REUTERS/Yves Herman/File Photo
AutomotiveElectric Vehicles (EVs)NewsTrade

BMW overtakes Tesla in European EV sales for first time: report

BMW led the European battery electric vehicle (BEV) market for the first time, beating U.S. automaker Tesla.

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