Saturday, 22 February 2025

Focus on Volkswagen Group

FILE PHOTO: A general view of Energy Powerwall Home Battery charging station in Brussels, Belgium October 18, 2023.  REUTERS/Yves Herman/File Photo
AutomotiveBusinessElectric Vehicles (EVs)EmissionsEnvironmentNewsPoliticsRegulations

Europe’s carmakers discount EVs, hike petrol car prices as new emissions rules loom

European automakers raise petrol car prices while offering EV discounts to meet stricter emissions rules, facing profit challenges.

FILE - People arrive for the day at the COP29 U.N. Climate Summit, Nov. 19, 2024, in Baku, Azerbaijan. (AP Photo/Joshua A. Bickel, File)
AnalysisBiodiversityClimateClimate FinanceEmissionsPoliticsRegulationsUnited Nations

Can UN summits save the planet? A faltering year of talks brings up questions about the process

Global environmental talks are faltering, with recent UN negotiations failing to address climate change, pollution, and biodiversity loss.

FILE PHOTO: Workers clean Lamborghini cars on display at the Salon Prive, a three day automobile event which showcases both new and classic luxury and sports vehicles, at the Royal Chelsea Hospital in London, Britain, April 20, 2023. REUTERS/Toby Melville/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceNews

Lamborghini delays first EV launch to 2029 as market not ready

Lamborghini plans to launch its first electric model in 2029, citing market readiness concerns, while Ferrari debuts its EV in 2025.

FILE PHOTO: Employees of Volkswagen AG march for higher wages during a 'warning strike' of Germany's IG Metall metalworkers' union, in Osnabrueck, Germany, November 6, 2024. The placard reads, “Jobs for all VW sites - there has never been more fight than now”. REUTERS/Teresa Kroeger/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturingNews

VW union calls for compromise in last-ditch talks before Christmas

Volkswagen's works council demands no plant closures as negotiations with management resume, amid threats of future strikes.

BuildingsClimateInfrastructureNewsWeather

Storms across US bring heavy snow, dangerous ice and a tornado in California

A tornado near a mall in central California swept up cars, uprooted trees and sent several people to the hospital.

Quebec Premier Francois Legault and Andrew Furey, premier of Newfoundland and Labrador, shake hands after signing a memorandum of understanding during an announcement in St.John's, Thursday, Dec. 12, 2024. Former Newfoundland and Labrador premiers say a draft agreement signed Thursday with Quebec marked significant headway in a long-standing political standoff they had tried and failed to make.THE CANADIAN PRESS/Paul Daly
EconomyElectricityHydropowerIntertiesNewsPoliticsRegulationsTradeTransmissionUtilities

‘Breaking of gridlock’ between Quebec, N.L. is the envy of former premiers

A historic energy agreement ends a decades-long standoff, reshaping ties between Newfoundland, Labrador, and Quebec.

FILE PHOTO: Vehicles queue in traffic at a highway in Frankfurt, Germany, March 27, 2023. REUTERS/Kai Pfaffenbach/File Photo
AutomotiveClimateCourtsEmissionsNewsPoliticsRegulationsTransport

EU not buckling to pressure over car CO2 rules, climate chief says

Europe's car industry potentially faces $15.8 billion of fines for failing to meet 2025 targets.

EU conservatives want the bloc to shift into reverse on its rule to phase out the sale of new combustion engine vehicles in 2025 (AFP)
AutomotiveBusinessClimateEconomyEmissionsEnvironmentFuelLegislationLiquefied Petroleum GasNatural GasNewsOilPoliticsRegulationsTransport

EU conservatives seek to stall 2035 combustion engine ban

EU's conservative bloc seeks to reverse 2035 combustion engine ban, citing automotive industry challenges and economic concerns.

FILE PHOTO: A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco where it does most of its testing, in California, U.S., September 26, 2018.  REUTERS/Heather Somerville/File photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsTrade

GM to exit Cruise robotaxi business

Automaker General Motors said on Tuesday its majority-owned Cruise business will drop the development of robotaxis.

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