EU softens 2035 ban on combustion engine vehicles
BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles after sustained pressure from automakers...
Tag : Volkswagen
Record-breaking DAX contrasts with Germany’s faltering economy
Germany's DAX surpassed 20,000 points, a record high, even as the country’s economy faces recession, job cuts, and political instability, reflecting strong investor confidence in...
Tesla’s stock falls 7% after missing quarterly and annual delivery estimates
Tesla reports its first annual decline in deliveries, falling short of forecasts, as competition intensifies and Cybertruck demand struggles amid price cuts and incentives....
German Chancellor Olaf Scholz loses confidence vote in Bundestag
Olaf Scholz loses Bundestag vote, prompting early elections in February 2025, as CDU’s Friedrich Merz leads polls amid political instability and economic challenges in Germany....
China protests EU tariffs on EVs, threatens trade countermeasures
The European Union moves ahead with tariffs on Chinese electric vehicles despite opposition from Germany, risking potential retaliation from China in the bloc's biggest trade...
Volkswagen plans 15,000 job cuts amid plant closures
Volkswagen could lay off 15,000 workers as it considers closing multiple plants in Germany and Belgium. The move could save the company billions in the...
Volkswagen faces union backlash over plant closure threat
Volkswagen warns of potential German plant closures as economic challenges mount, drawing sharp criticism from unions....