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...Mercedes’ trial is in Hungary, a country facing a labour shortage for auto jobs, and where the unions are less vociferous than in Germany....
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...can sell in, and whether curbs on parallel trading had pushed up prices or limited choice for customers across the continent....
...The European Commission said on Thursday it would seek to open talks to restore limited freedom of movement for EU and UK citizens, allowing them to stay for up to four years in the destination country....
...Exactly what shape an “Airbus of autos” might take is unclear, but it is an intriguing concept. Stellantis, Volkswagen and Renault are reportedly at least open to the idea of working with competitors....
...“The Chinese carmakers have become predatory in their own domestic market,” said Matthias Schmidt, an independent auto analyst....
...Wingefors is dismantling his empire just weeks after insisting that Embracer’s restructuring had ended with March’s $460mn sale of Gearbox to Take-Two, the US-based games group behind Grand Theft Auto....
...European coffee group JDE Peet’s is replacing its two top executives as controlling shareholder JAB Holding seeks a shake-up, turning to former Marks and Spencer chief executive Luc Vandevelde to be chair...
...“The main trading entity of the group, Volta Trucks Limited, will shortly file for administration in England, with insolvency practitioners from Alvarez & Marsal anticipated to take office,” the company...
...of Technology and veteran observer of the auto industry....
...Gains for energy and mining groups pushed European stock markets higher on Monday, as metals prices extended recent rallies....
...European parliament celebrates the 20th anniversary of the 2004 EU enlargement....
...European EV sales....
...The global auto industry manufactured 10.5mn electric vehicles last year — and expects to produce 13.5mn this year, according to data pooled from suppliers and forecasters by one auto investor....
...Last year, the three biggest US carmakers — Ford, General Motors and Stellantis, which owns Chrysler — suffered strikes during wage negotiations with the United Auto Workers union....
...Elon Musk’s decision to lower the price of Tesla vehicles in China in late 2022 sparked savage price cuts across the auto industry, leading to squeezed margins for both legacy multinational auto groups in...
...High net worth investors who can buy without debt have powered the bulk of recent transactions — although they are generally limited to smaller deals....
...“It will be a European-market Seagull, a new Seagull,” BYD senior executive Stella Li told reporters, including the UK’s Auto Express, in Shenzhen....
...Even those western users that are not persistently reluctant to give up the internal combustion engine hit the twin problems of limited availability and non-affordability of domestically made electric vehicles...
...“Anything in Europe touching the consumer that’s auto-related is very very cheap”, Goetz said....
...Citi was also a leader on a $310mn loan to Sunbit, a buy-now, pay-later company that specialises in auto repair shops and dentist offices....
...company was undaunted by the recent pullback of would-be rivals Amazon, the third biggest streaming company on the continent, which in January retrenched its Africa operations to focus on more profitable European...
...The carmaker plans to start a “limited” run of battery vehicles predominantly for the domestic market at its plant in Luton, it said on Thursday....
...With exports stagnant (and that’s in nominal terms), the scope for greater rewards for those who make the exported goods back in Germany is limited....
...Lagarias argues that growth with limited leverage — which is the case of Greece — will remain sluggish, and predicts that it will take many years of “persistent reforms” for Greece to get back to where it...
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