Europe’s top five carmakers have more than doubled their profits since 2019 despite claiming that they cannot afford to comply with planned EU pollution rules, analysis reveals. The European auto industry’s “big five” – BMW, Mercedes, Renault, Stellantis and Volkswagen – collectively pocketed €64bn in profits by selling fewer cars, […]
carmakers
Shoppers carrying protective masks appears at the inside of a car or truck for sale at a Ford Motor Co. dealership in Colma, California, Feb. 1, 2021. David Paul Morris | Bloomberg | Getty Photographs DETROIT — As automakers chase Tesla-like gains on new electric powered vehicles, they experience an […]