HEFEI, CHINA – MAY 25: Chinese EV maker Nio officially launches refreshed versions of its ET5 sedan on May 25, 2025 in Hefei, Anhui Province of China. Nio officially launched the updated ET5 sedan and ET5T wagon, with an unchanged starting price but bringing multiple feature upgrades. (Photo by Zhang Dagang/VCG via Getty Images) Vcg…
Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tom Brenner | The Washington Post | Getty Images Sales of Tesla cars in Europe plunged in July, in the company’s seventh consecutive month of declines, while Chinese rival BYD saw…
Tourists take photos as they visit the Sagrada Familia basilica in Barcelona, on August 2, 2025. (Photo by Manaure QUINTERO / AFP) (Photo by MANAURE QUINTERO/AFP via Getty Images) Manaure Quintero | Afp | Getty Images Spain’s booming economy is outpacing its European neighbors as tourism, foreign investment and immigration helps fuel growth. The southern…
A new Jeep Wrangler 4-Door Sahara 4×4 vehicle displayed for sale at a Stellantis NV dealership in Miami, Florida, US, on Saturday, April 5, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images Auto giant Stellantis on Tuesday reinstated its financial guidance and touted a gradual recovery over the coming months. Stellantis, which owns household…
Vehicles are assembled on a line at the BMW plant in Leipzig. Picture Alliance | Picture Alliance | Getty Images Shares of Europe’s top carmakers jumped on Wednesday after the U.S. and Japan’s blockbuster trade agreement raised hopes of a tariff breakthrough for other major exporters. In a post on social media platform Truth Social,…
European markets open mixed European stock markets moved cautiously higher in early deals, with France’s CAC 40 and Germany’s DAX both up around 0.1%. The regional Stoxx 600 index had nevertheless already pared gains to trade at the flatline by 8:10 a.m. in London. Autos stocks are down 0.6%, with Stellantis down 2.7% after announcing…
To offset the rising costs of tariffs and trade war uncertainty, companies are using U.S. Customs-sanctioned foreign trade zones (FTZs) and bonded warehouses to delay or reduce product taxes. FTZs have a long history dating back to a previous period of trade conflict, created during the Great Depression by Congress to encourage international trade and…
Tesla — The EV-maker tumbled almost 8% after CEO Elon Musk said he would form a new political party called “America Party.” Musk has been feuding with President Donald Trump, who called the new party “ridiculous.” Uber Technologies — Shares of the ride-hailing company hit an all-time high of $97.12 and recently were up by…
Ayrton Senna driving the Marlboro McLaren during the Belgian Grand Prix in 1992. Pascal Rondeau | Hulton Archive | Getty Images CEOs today aren’t just steering companies — they’re navigating a minefield. From geopolitical shocks and economic volatility to rapid shifts in tech and consumer behavior, the playbook for leadership is being rewritten in real…
Aerial view of the headquarters of Contemporary Amperex Technology Co., Limited (CATL) on February 6, 2025 in Ningde, Fujian Province of China. Vcg | Visual China Group | Getty Images The world’s largest electric vehicle (EV) battery maker is going all-in on international expansion and could shake up the EV market in the process with…
