European stock markets ended Monday with a mixed performance, as gains among carmakers offset broader weakness across the region.
FTSE hits one-month high following US-China tariff agreement
FTSE 100 reaches one-month high as US-China tariff pause lifts global markets
FTSE 100 trails global markets after Trump targets drug prices
The FTSE 100 underperformed its European and Asian counterparts in early trading after Donald Trump unveiled plans to slash prescription drug prices in the US.
European markets rally as US and China agree to major tariff cuts
European markets rally as US-China tariff pause lifts sentiment
Mercedes chief sees opportunity in Tesla’s weaknesses
The CEO of Mercedes-Benz has hinted that the German automaker could attract customers from rival brands as Tesla faces a sharp downturn.
Mercedes-Benz warns that its 2025 profits will be ‘significantly’ lower.
Mercedes-Benz has announced a cost-cutting initiative after profits fell by nearly a third, driven by a slowdown in its electric vehicle (EV) business.
The transition to electric cars could take longer than anticipated.
The transition to electric cars may take significantly longer than anticipated due to stalled demand in Europe and America, according to Liam Butterworth, CEO of Dowlais, the parent company of
Mercedes-Benz chief pledges to continue manufacturing gasoline vehicles into the 2030s.
The head of Mercedes-Benz, a leading German automotive manufacturer, has announced that the company will continue producing gasoline cars well into the 2030s.
Judges hear that Car makers are confronted with 1.2 million lawsuits related to the emissions scandal.
Judges have been informed that car manufacturers are facing over 1.2 million compensation claims due to allegations of installing “defeat devices” in diesel vehicles to circumvent emissions tests.
Aston Martin’s recovery is hindered by delays in production, leading to an increase in losses.
Aston Martin has announced a reduction in its car delivery forecast for this year, attributing the decrease to supply chain issues and software problems that have affected the production of
Aston Martin’s losses have doubled in 2022
During 2022, Aston Martin experienced a significant increase in losses, as the luxury automaker invested heavily in new models and navigated supply chain challenges that impacted the global car industry.
Saudi Arabia’s sovereign wealth fund to become Aston Martin’s No.2 shareholder
Saudi Arabia’s sovereign wealth fund will be the second largest shareholder of Aston Martin (AML.L. ), with nearly 17% ownership in a capital raise that aims to pay off debt