Car manufacturing in the UK plummeted in April as unnecessary shutdowns, due to the extended Brexit deadline, bit hard.
Europe’s car rental market is in decline as increased competition from mobility services and economic slowdown is affecting demand.
Tesla’s CEO Elon Musk believes the company can still deliver a record breaking Q2 if they can catch up on deliveries.
The European Union would reject any push by US authorities to set quotas on the continent’s exports to the country.
Stuttgart prosecutors have raided Porsche’s offices as part of a probe into financial irregularities.
As Fiat Chrysler Automobiles (FCA) proposes a merger with Renault, Nissan’s 20-year alliance with the French carmaker looks set to crumble.
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