Recession in the EU? getty The European automotive industry faces a tough year. Will there be a full-blown recession or just a mild one? One leading manufacturer warns of factory closures in 2023, ano...
Tag: Carlos Tavares
European Auto Makers Face 2023 Profit Hit While Industry Seeks China Import Action
The rear of a DS E-Tense Performance electric concept car at the Paris Motor Show. The biennial … [+] Paris Motor Show is also known as the Mondial de l’automobile. Photographer: Nathan La...
Auto Makers Expect Car Sales to Defy Economic Gloom
Listen to article (2 minutes) Even as consumer spending cools, one place buyers continue to splurge is at the car dealership. Auto executives reporting earnings earlier this week displayed confidence ...