• BMWG
• F
• GM
• NSANY
• STLA
• STLAM
• VOWG_p
• XPEV

Analysis-Stellantis CEO follows Chinese route to avoid EV tariff 'trap'

Stellantis aims to adopt a low-cost strategy inspired by Chinese EV makers while navigating trade barriers in Europe and the U.S. amidst evolving industry dynamics.

• AUD/USD
• BMWG
• EUR/USD
• STOXX
• US500
• USD/CNY
• VOWG_p

China's new stimulus plans make a splash in global markets

China's recent economic stimulus sparked gains in assets linked to the country, though concerns remain about long-term effectiveness and a sluggish domestic demand.

• BMWG
• STOXX
• VOWG_p

German relapse trolls European 'soft landing': Mike Dolan

• VOWG_p

SAIC Volkswagen says adjusting plant base "necessary"

SAIC Volkswagen acknowledged the need to adjust its production base amid speculation about the closure of its Nanjing plant, emphasizing ongoing production and future product launches.

• RENA
• STLAM
• TSLA
• VOWG_p

EU car sales at 3-year low in August, EV sales plunge 44%

New car sales in the EU dropped 18.3% in August, hitting a three-year low, with significant declines in electric vehicle sales prompting calls for urgent industry relief.

• VOWG_p

Draghi urges EU to catch up rivals or face 'slow agony'

Mario Draghi's report stresses the EU's urgent need for coordinated industrial policies and massive investments to remain competitive with the US and China amidst escalating global tensions.

• VOWG_p

China, price cuts and costs: the fuel driving Volkswagen's crisis

Volkswagen faces intensified competition, profit margin reduction, and challenges from Asian rivals, prompting plant closures and difficult market conditions in Europe and China.

• VOWG_p

VW boss says European market shrinking amid tougher competition

Volkswagen's CEO Oliver Blume advocates major cutbacks amid a shrinking European market and increased competition, considering factory closures and job guarantee revocations to cut costs.

• RENA
• STLAM
• VOWG_p

Analysis-China, price cuts and costs: the fuel driving Volkswagen's crisis

Volkswagen faces intensified competition, profit margin drops, and challenges in Europe, particularly from Asian rivals and high operational costs, signaling significant risks ahead.

• VOWG_p

Italy turns to Vietnam, Mexico for auto part exports to counter German weakness

Italy is seeking to bolster automotive component exports to Mexico and Vietnam in response to declining demand from Germany, particularly due to issues facing Volkswagen.