"An overall sector weakness" However, the overall sector weakness has also been asserting itself regarding European auto parts manufacturers, with major players like ZF Friedrichshafen (ZFF ...

The transition of Europe's automotive industry to electric has encountered challenges in 2024, leading to significant setbacks for European car manufacturers. To date, European automakers have ...

Stellantis reported a 25% decline in new car registrations across Europe in September, contributing to a 3% decrease in the overall European market for the month, according to JATO Dynamics.

The Stoxx 600 Autos and Parts Index rose as much as 2.3% on Thursday ... pressure on its automakers to pause expansion in the European Union due to the escalating trade conflict only reinforced ...

beating out rival bidders from the European car-parts industry. Nanterre, France-based Faurecia will buy a 60% stake from the founding Hueck family through a mixture of cash and stock, according ...

French automotive supplier Valeo on Thursday cut its annual sales guidance for the second time this year, reflecting how hard the European auto sector is being hit by the weakening Chinese economy ...

The 2024 Paris Motor Show looks set to change this trend, showcasing more affordable electric models as carmakers try to stop China's advance into the European car market. For many years ...

Total car sales in the block dropped by 6.1% year-on-year, the European Automobile Manufacturers Association (ACEA) said today, as major markets Germany, France and Italy continued to stagnate.

According to recent data, the brunt of the downturn has hit Germany hardest, with 50,000 positions disappearing, particularly among subcontractors and parts suppliers. The industry group CLEPA ...

The European car sector is facing multiple challenges, ranging from high production costs and managing the shift to electric vehicles to falling demand and rising competition. These problems have ...