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News

European Business Magazine
europeanbusinessmagazine.com > china-europe-car-share

China Could Take 30% of Europe's Car Market

1+ week, 2+ day ago   (661+ words) London, 14 August 2026 — EBM Newsdesk Analysis — By Nick Staunton Chinese carmakers could hold between 15% and 30% of the European market by 2035, against roughly 10% today, according to Citi analysts. The bank warns European manufacturers face a decade of volume losses and restructuring. Read…...

European Business Magazine
europeanbusinessmagazine.com > eu-auto-jobs-crisis-2026

Europe Built a Wall to Protect Its Car Industry. The Jobs Are Going Anyway.

1+ mon, 2+ week ago   (356+ words) Strasbourg, 8 July 2026 — EBM Newsdesk Analysis — By Nick Staunton The reason so much is breaking together is that European carmakers are being squeezed from three directions. The first is China. Brands like BYD, Chery and Geely now build electric cars that…...

European Business Magazine
europeanbusinessmagazine.com > china-ev-spain-europe-weak-spot

China’s EV Strategy Targets Spain: A Challenge for Europe

2+ mon, 2+ week ago   (442+ words) According to Bloomberg, SAIC’s MG Motor has selected Galicia in north-western Spain for its first EU factory, committing €200 million to a facility targeting annual production of 120,000 vehicles. Production is targeted to begin in 2028, creating approximately 2,000 jobs across Europe. MG’s Galicia…...

European Business Magazine
europeanbusinessmagazine.com > business-byd-stellantis-european-factory-takeover

BYD is in talks with Stellantis in factory taekover

3+ mon, 1+ week ago   (256+ words) BYD’s interest is structural. China’s domestic EV market has reached supply saturation. The 17-35% European tariff regime is a binding constraint on export-led growth. Building new capacity inside the EU takes five to seven years. Acquiring existing capacity takes twelve months....

European Business Magazine
europeanbusinessmagazine.com > business-toyota-doubles-ev-sales-rivals-retreat

Toyota Doubles EV Sales as Rivals Step Back from the Race

3+ mon, 2+ week ago   (373+ words) The world’s largest car company spent five years being told it had misread the EV transition. The Q1 numbers suggest it had simply read the timing better than anyone else. Three forces are converging in Toyota’s favour. The first is petrol…...

European Business Magazine
europeanbusinessmagazine.com > volvos-chinese-owner-just-got-a-tariff-free-route-into-europe

Volvo's Chinese Owner Just Got a Tariff-Free Route Into Europe

3+ mon, 3+ week ago   (173+ words) A Tariff Workaround Built Out of Existing Concrete Volvo’s plants — Torslanda in Sweden, Ghent in Belgium, and Kosice in Slovakia — already produce within the customs union. Slotting Geely-brand vehicles into those lines collapses the tariff differential overnight. Geely’s UK arm,…...

European Business Magazine
europeanbusinessmagazine.com > business > saab-automobile-bankruptcy-saab-ab-defence-rebirth

How Saab Died as a Carmaker and is now €27bn Defence Giant

4+ mon, 11+ hour ago   (249+ words) The story of how Saab the carmaker died and Saab the defence giant was reborn is one of the most instructive case studies in modern European industrial history — and it tells you almost everything you need to know about which…...

European Business Magazine
europeanbusinessmagazine.com > business > business-americans-foreign-cars-social-media

Why Americans Want Cars They Can't Buy: Social Media Effect

4+ mon, 2+ day ago   (607+ words) European Business Magazine On 21 April 2026, short-form video platforms including TikTok, Instagram Reels and YouTube Shorts are generating unprecedented American consumer appetite for cars that cannot legally be purchased in the United States — from Toyota Hilux pickups and Ford Ranger Raptors…...

European Business Magazine
europeanbusinessmagazine.com > business > business-toyota-digital-hub-wroclaw-poland-2026

Toyota Digital Opens European Tech Centre in Poland

4+ mon, 1+ week ago   (472+ words) Toyota has opened its Digital Hub in Wrocław, Poland, with 200 specialists developing connected car tech for over two million European drivers. Toyota Motor Europe has opened the Toyota Digital Hub in Wrocław, Poland, establishing a specialist centre of around 200 technical…...

European Business Magazine
europeanbusinessmagazine.com > business > no-discounts-no-panic-no-problem-why-ferrari-is-the-most-untouchable-business-model-in-europe

Ferrari's Untouchable Business Model: No Discounts Needed

4+ mon, 1+ week ago   (563+ words) European Business Magazine As of 10 April 2026, Ferrari maintains operating margins above 26% on just 13,600 cars per year — higher than almost any manufacturer on earth — by ensuring its waiting list never clears, a strategy that has made it uniquely insulated from the…...