Skoda will leave China by mid 2026 after sales there collapsed from 341,000 in 2018 to just 15,000 in 2025, even as the brand posted stronger global results and shifted focus to other growth markets.
Nine out of ten people in Germany expect the cost of living to increase in the coming months, according to a survey conducted in March by YouGov on behalf of Postbank. Of the 2,028 people surveyed, 32.
The crisis in the Middle East is driving up oil prices, affecting both energy and food costs. Experts agree that the Iran crisis will significantly impact food prices in Europe.View on euronews
Japan's biggest automaker isn't taking the revival of one of its most beloved sports cars lightly.
The article discusses the impact of the Iran War on the Global Automotive Industry. Some of the impacts are expected to be medium to long term.
The increases come as rising materials and logistics costs, tied to turmoil in the Middle East, start to weigh on the sector.
The war in Iran will force governments and companies to rethink the necessary conditions for energy security.
Over 90% of Nvidia’s chips are made at TSMC in Taiwan. This includes Blackwell. Much of Taiwan’s energy is powered by natural gas (about 90%). According to the Atlantic Council, “Taiwan relied on imports to meet 95 percent of its energy needs in 2025, including over 99 percent of its demand for oil and natural ... Nvidia Share Price Could Be Hit Hard By Iran War
Struggling German carmaker Volkswagen is in talks with defence firms to repurpose a plant in northern Germany for the production of military transport equipment, the firm's boss said Friday. "The Volkswagen company's activities in the defence sector would rather focus on military transport, because that is our core competence."
The conflict in the Middle East has increased pressure on the cost of petrol, household energy bills and even food.