Volvo XC60 gets refreshed look and upgraded interior for £49,240

The updated Volvo XC60 has gone on sale, priced from £49,240, as the Swedish brand bids to maintain the appeal of its best-selling model. The range tops out at £69,860 in T8 Plug-in Hybrid Ultra Black Edition. Deliveries will begin in the third quarter of this year.  The big changes come visually, with the SUV sporting a new grille similar to that fitted… Continue reading Volvo XC60 gets refreshed look and upgraded interior for £49,240

German FAZ: EU Commission imposes millions of fines against 15 car manufacturers 009105

The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposes millions of fines against 15 car manufacturers 009105

German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009100

The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009100

German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009093

The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009093

Price hikes, layoffs and import fees: How car giants are reacting to Trump’s tariffs

An employee mounts a VW logo on a new Volkswagen Tiguan at the VW main plant. Picture Alliance | Picture Alliance | Getty Images Auto giants have responded to U.S. President Donald Trump‘s tariffs by announcing plans to raise prices, impose import fees, pause production and even lay off staff. As part of plans designed… Continue reading Price hikes, layoffs and import fees: How car giants are reacting to Trump’s tariffs

German FAZ: EU Commission imposed millions of fines against 15 car manufacturer009087

The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposed millions of fines against 15 car manufacturer009087

Daimler Truck to launch semi-public European charging network

In an effort to alleviate Europe’s current deficit in charging points and charging capacity for heavy commercial vehicles, Daimler Truck plans to enable its TruckCharge customers to open their charging infrastructure for external, paid use, starting in the third quarter of 2025.  Plans include offering a system for planning, booking and reservation, along with additional… Continue reading Daimler Truck to launch semi-public European charging network

Automakers jump on Tesla’s brand woes with discount EV offers

Tesla trade-ins in the U.S. are at an all time high as some owners become disillusioned with Elon Musk’s politics, and some just want to avoid their car getting keyed by Musk haters.  Automakers are pouncing on the opportunity. Polestar, Lucid Motors, Volvo, and Ford — which have long trailed Tesla in EV sales —… Continue reading Automakers jump on Tesla’s brand woes with discount EV offers

Håkan Samuelsson returns to scene of his redemption in bid to revive Volvo

$75 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT… Continue reading Håkan Samuelsson returns to scene of his redemption in bid to revive Volvo

Trump’s 25% auto tariffs are in effect. What investors need to know

Vehicles seen on the lot of a Ford auto dealership in Montebello, California on April 1, 2025. Frederic J. Brown | Afp | Getty Images DETROIT — President Donald Trump‘s 25% tariffs on imported vehicles to the U.S. have taken effect, but the impacts of the new levies on investors and the global automotive industry… Continue reading Trump’s 25% auto tariffs are in effect. What investors need to know