A major car firm is scrapping plans for an expansion of hybrid plug-in motors – despite rivals investing in revolutionary new tech. The French automaker is instead “betting” ...
Europe's automotive industry has been plunged into crisis by high manufacturing costs, a stuttering switch to electric vehicles and increased competition from China.
EU talks to relaunch Europe's embattled car industry are to get underway on Thursday, with automotive CEOs awaited in Brussels to discuss fines and competition from China.