Skip to main content
16 December 2024, Lower Saxony, Hanover: Vehicles drive past a Volkswagen dealership in the early morning (long exposure shot). In the struggle for savings at VW, representatives of Volkswagen and IG Metall will meet on Monday for two days of marathon talks and their fifth round of collective bargaining. Photo: Moritz Frankenberg/dpa (Photo by Moritz Frankenberg/picture alliance via Getty Images)

European automakers face a "perfect storm" as sales stagnate

The European car market barely grew in 2024, with new car registrations rising by just 0.9% to 13 million units, according to the European Automobile Manufacturers’ Association (ACEA). This modest uptick came despite a strong finish in December, where registrations rose 4.1% ...read more