EU softens 2035 ban on combustion engine vehicles
BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles after sustained pressure from automakers...
Tag : Volkswagen
Record-breaking DAX contrasts with Germany’s faltering economy
Germany’s DAX stock index reached a historic milestone on Tuesday, surpassing 20,000 points for the first time despite the country grappling with significant economic challenges....
Tesla’s stock falls 7% after missing quarterly and annual delivery estimates
Tesla Inc. reported its fourth-quarter and year-end vehicle production and delivery results, revealing the company's first-ever annual decline in deliveries. Tesla disclosed 495,570 vehicle deliveries...
German Chancellor Olaf Scholz loses confidence vote in Bundestag
German Chancellor Olaf Scholz has lost a confidence vote in the Bundestag, prompting the dissolution of parliament and setting the stage for snap elections on...
China protests EU tariffs on EVs, threatens trade countermeasures
MENA Newswire News Desk: The European Union will proceed with imposing significant tariffs on Chinese-made electric vehicles (EVs), despite opposition from key member Germany, the...
Volkswagen plans 15,000 job cuts amid plant closures
MENA Newswire News Desk: Volkswagen may face the grim prospect of slashing 15,000 jobs amid escalating financial pressures, with analysts predicting closures of multiple production...
Volkswagen faces union backlash over plant closure threat
Volkswagen AG has issued a stark warning about potential plant closures in Germany, citing the need for significant cost-cutting measures to ensure the company's future...