Tariffs, or even the whiff of them, could severely hike their prices for American buyers—and ding carmaker profits.

It began when the center-right European People’s Party’s claimed the Commission had paid NGOs to lobby the Parliament in favor of the Green Deal, through the so-called LIFE funding program. The Commission later revised its contracts with the NGOs concerned.

VW’s design chief says it will reintroduce physical buttons starting with the ID. 2all.

Both automakers have recalibrated product plans after ousting CEOs who bet aggressively on EVs that consumers weren't ready to buy.

Car executives who’ve walked back their electric vehicle ambitions are breathing sighs of relief after the European Commission proposed easing emissions rules that were supposed to get stricter this year.

The European Commission yielded to pressure from European automakers on Monday by giving them three years, rather than only one, to meet new CO2 emission targets for their cars and vans.

Starting this year the EU is lowering the average emissions that new vehicles sold in the 27-country bloc are permitted to produce, with carmakers facing steep fines if they fail to comply.

In effect, the changes will mean that carmakers can miss the target this year as long as they outperform in the next two.

Volkswagen’s electric SUV is making a comeback. Last month, the Volkswagen ID.4 topped Tesla’s Model Y to become the best-selling EV

The European Commission has extended the timeframe for automakers to meet new CO2 emission targets from one to three years, allowing more time for electric vehicle sales. This comes as automakers face competition from U.

Investors were pleased when the European Commission gave into pressure to extend CO2 emission targets.Top carmakers will likely have three years rather than one to meet the targets for their cars and vans.

The European Commission will uphold its 2035 ban on petrol cars but allow flexibility over the next three years in how carmakers meet stricter CO₂ emission targets entering into force this year, according to Commission president Ursula von der Leyen.