Business
German and Austrian Raids Signal Wider Crackdown on Russia Auto Trade
Raids in Germany and Austria point to tougher enforcement against alleged third-country routes for vehicle exports to Russia.
Editorial Team·
·4 min
11 results for "Automotive"
Business
Volkswagen Board Backs Sweeping 2030 Restructuring to Sharpen Scale
Volkswagen has approved a historic restructuring plan focused on model cuts, plant reviews, asset optimization and about 50,000 job reductions.
Editorial Team·
·4 min
Business
Russia Authorizes Sale of Lower-Grade Fuels Until 2027 Amid Energy Crisis
Russia authorizes sale of lower-grade Euro-2 to Euro-4 fuels until mid-2027, responding to refinery disruptions with a temporary, crisis-driven policy shift.
Editorial Team·
·2 min
Business
Russian State Duma Revises Fuel Dampener Mechanism to Stabilize Domestic Fuel Market
The Russian State Duma has amended tax laws to refine the fuel dampener system and import compensation, aiming to stabilize domestic fuel prices and supplies amid sector disruptions.
Editorial Team·
·2 min
Business
US Imposes 50% Tariffs on Canadian Goods Amid Rising Trade Tensions
The US has imposed 50% tariffs on Canadian goods, including alcohol and automobiles, escalating trade tensions and prompting calls for negotiations to resolve disputes under USMCA.
Editorial Team·
·2 min
Business
Russia Quadruples Aviation Fuel Imports from Belarus Amid Domestic Production Challenges
Russia’s aviation fuel imports from Belarus surged nearly fourfold in May 2026, reflecting challenges in domestic production and prompting strategic shifts in fuel sourcing amid refinery disruptions.
Editorial Team·
·1 min
Business
US President Trump Delays EU Auto Tariff Hike Amid Trade Agreement Dispute
President Trump delays EU auto tariff hike to July 4, extending a key deadline amid ongoing disputes over compliance with a major US-EU trade agreement.
Editorial Team·
·2 min
Business
Ifo Institute Warns US Tariff Hike Could Trigger German Recession Amid Trade Tensions
The ifo Institute warns that US tariff hikes on EU cars risk triggering a German recession in 2026 if the EU retaliates, threatening the country's vital automotive exports amid escalating trade tensions.
Editorial Team·
·2 min
Business
EU and Mercosur Initiate Free Trade Zone Amid Strategic Business Opportunities and Regulatory Challenges
The EU and Mercosur provisionally launch a free trade agreement unlocking new market opportunities while facing legal, environmental, and political challenges.
Editorial Team·
·2 min
Business
Analysis of Uzbekistan’s March Auto Market: Strong Growth in New and Used Vehicle Sales
Uzbekistan's automotive market grew 19% in March with strong sales in new, used, and electric vehicles, driven by both domestic production and imports.
Editorial Team·
·1 min
Business
Tashkent Markets Report Strong Profit Growth in 2025 Amid Diverse Economic Dynamics
Tashkent’s farmer markets posted strong profit growth in 2025, driven by rising consumer demand and market efficiencies, while some segments face challenges amidst evolving economic dynamics.
Editorial Team·
·1 min