Volkswagen has officially surpassed Tesla as Europe’s leading electric vehicle (EV) seller in 2025, a significant shift in the rapidly evolving automotive landscape. This development, while a win for the established German automaker, is also being viewed as a consequence of Tesla’s recent stumbles and a broader trend of European consumers leaning towards domestic brands. The narrative surrounding this shift suggests a complex interplay of market forces, consumer sentiment, and even geopolitical factors.
It appears that a growing wave of “Buy European” sentiment is playing a substantial role in Volkswagen’s ascent. Many consumers across the continent are reportedly shunning brands perceived as having problematic associations, with Elon Musk’s public stances and perceived meddling in European political affairs cited as a primary reason for Tesla’s declining appeal.… Continue reading
In a landmark shift, electric vehicles (EVs) outsold gasoline-powered cars in Europe for the first time in December of last year. Over 300,000 EVs were purchased, representing a 50% year-over-year increase, driven by the availability of more affordable models. While hybrids still lead in sales, the growth rate of EV registrations is significantly higher, narrowing the gap. This trend signals a notable transition in the European car market, with gas car registrations declining substantially.
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On January 29, 2026, the Minister of Industry and the Presidential Special Envoy for Strategic Economic Cooperation of the Republic of Korea met to discuss expanding bilateral industrial cooperation. A memorandum of understanding (MOU) was signed to strengthen Canada-Korea industrial collaboration, focusing on future mobility and establishing an industrial cooperation committee. This agreement aims to deepen the Canada-Korea Comprehensive Strategic Partnership by supporting investments in battery production, critical minerals, and domestic EV manufacturing. The collaboration seeks to diversify Canada’s economy, attract investments, and secure economic resilience by enhancing the automotive supply chain and cooperation on critical mineral supply chains, the clean energy transition, and energy security.
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Volkswagen is reportedly reconsidering plans for a significant Audi factory in the United States, attributing the decision to President Trump’s automotive tariffs. The company’s CEO disclosed that these levies resulted in a $2.5 billion loss during the initial nine months of 2025. German investments in the US experienced a substantial 45% year-on-year decrease during the same period. Following Trump’s warnings of potential further tariffs, and growing global trade uncertainty, the price of gold reached an unprecedented level.
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Breaking with the United States, Canada has agreed to lower tariffs on Chinese electric vehicles, implementing an initial cap on imports and a reduced tariff rate. In return, China will significantly lower its tariffs on Canadian canola seeds, a key export for Canada. The deal aims to diversify Canada’s economy and drive investment in its auto sector, while also improving relations with China, marking a shift from previous alignment with the U.S. Amidst concerns from some Canadian officials and criticism from the U.S. Trade Representative, this move is seen by some as a success for China, which is hoping to drive a wedge between Canada and the U.S.
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Due to the ongoing war in Ukraine, Hyundai is unable to repurchase its former manufacturing plant in Russia, according to a source familiar with the internal deliberations. The automaker sold the plant in St. Petersburg in 2024 to AGR Automotive Group, including a buyback option set to expire in January. Although a final decision has not been made, the source cited the conflict as the primary reason for the situation, making a buyback impossible. This development mirrors a trend among foreign carmakers exiting the Russian market, with several other companies also facing expiring buyback options.
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Canada Declares Stellantis in Default for Moving Jeep Production to U.S.
The core issue here is straightforward: Canada is holding Stellantis to account. When the government provides significant financial incentives, often tied to creating and maintaining jobs within the country, it expects companies to honor their agreements. Moving Jeep production to the United States, as Stellantis has done, has triggered a “notice of default,” signaling that Canada believes the company has broken its promises. This isn’t just a slap on the wrist; it’s a statement about the importance of upholding agreements and protecting Canadian workers.
The underlying sentiment is clear: Canada isn’t happy with Stellantis’s decision.… Continue reading
A comprehensive list of locations, including every state and territory of the United States, along with various international locations, has been compiled. This expansive directory also incorporates locations associated with the US Armed Forces, spanning Americas, Pacific, and Europe. Furthermore, it contains a listing of Canadian provinces and territories. Lastly, the list is categorized as a postal code.
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This comprehensive list encompasses all fifty U.S. states and territories, including Puerto Rico, the U.S. Virgin Islands, and several Armed Forces designations. Furthermore, the enumeration extends to include a variety of Canadian provinces and territories. This expansive compilation is frequently utilized in numerous applications to designate and categorize geographic locations. The inclusion of postal codes is likely for easier sorting and efficiency in the processes.
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Canada threatens Stellantis with legal action over plan to shift output to US. This is a pretty big deal, and it’s got a lot of folks talking – and not always in the most positive way about Stellantis. It seems the Canadian government is seriously considering taking legal action because of the company’s plans to move production south of the border. And honestly, after everything I’ve read, it’s hard not to see where the frustration is coming from.
One of the biggest issues at play here is a significant debt. Apparently, Stellantis, or rather, its predecessors, received a hefty bailout from the Canadian government way back in 2009 – to the tune of $2.9 billion.… Continue reading