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.
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.
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.
In effect, the changes will mean that carmakers can miss the target this year as long as they outperform in the next two.
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.
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
Volkswagen admitted it had made a mistake by going all-in on touchscreen technology, as customers found it annoying.
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.
The European Commission has extended the deadline for automakers to meet CO2 emission targets from one to three years starting in 2025. The decision, influenced by industry's current challenges, aims to facilitate compliance through increased electric vehicle sales,