• VOWG_p

Porsche shares inch up as Citi upgrades stock on strong 2025 outlook

Porsche's stock improvements are driven by a positive outlook from Citi, predicting growth and higher profitability despite challenges in the luxury car market, particularly in China.

• RENA
• STLAM
• VOWG_p

Hybrids top petrol power for first time in EU new car sales, ACEA says

In September, hybrids led EU car sales at 32.8%, while overall sales dropped by 6.1%, highlighting challenges in the electric vehicle market amid varying national policies.

• MBGAF
• NSANY
• RENA
• VOWG_p

Exclusive-China's Chery assembles cars in Russian plants vacated by Western rivals

• BMWG
• MBGAF
• STLAM
• VOWG_p

Alten and TietoEVRY shares down following BofA downgrade amid market weakness

• VOWG_p

VW CEO: Chinese automakers should be allowed to avert tariffs by investing in EU

Volkswagen's CEO calls for EU to adjust tariffs on Chinese EVs to recognize European investments, warning retaliatory actions could harm European carmakers.

• BMWG
• MBGn
• VOWG_p

EU Commission to move ahead with tariffs on Chinese-made EVs

The European Commission plans to impose 45% tariffs on Chinese electric vehicle imports despite opposition, citing unfair trade practices while aiming for negotiations with Beijing.

• TSLA
• VOWG_p

EU governments face pivotal vote on Chinese EV tariffs

The EU is set to vote on imposing up to 45% tariffs on Chinese electric vehicles to counter unfair subsidies, risking retaliation from China.

• RENA
• VOWG_p

Exclusive-Spain calls for compromise with China ahead of EU vote on EV tariffs

Spain encourages the EU to negotiate with China on electric vehicle tariffs, emphasizing the need to protect its auto industry and avoid a trade war.

• BMWG
• MBGn
• P911_p
• STLA
• VOWG_p

Barclays cuts Porsche, Mercedes and Stellantis ratings as crisis worsens

Barclays downgraded its ratings for Porsche, Mercedes-Benz, and Stellantis due to deepening challenges in the European auto sector, citing profit warnings and ongoing market risks.

• BMWG
• DNFGF
• GM
• TSLA
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Factbox-EU plans to hit China-based EV makers with additional tariffs