European Union

Ford Reveals Big European Electric Vehicle Plans

Ford Motor Co. (NYSE: F) on Tuesday announced the European lineup of 17 electrified vehicles (EVs) the company expects to introduce by 2024. Seven of those vehicles have been or ...
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European Electric Vehicle Sales Jump by 34% in First Half of 2019

European sales of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) totaled 259,000 in the first six months of 2019, up 34% compared with the same period in ...
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Is Germany Teetering on Another Technical Recession?

Most economists and market participants consider a recession as two consecutive quarters in which gross domestic product (GDP) growth is negative. There are of course variations to what may really ...
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While US Closed on 4th of July, the Global Markets Keep On Ticking

The 4th of July is one of the biggest holidays in America. Unlike many other major holidays, the United States is really the only nation in the world to celebrate ...
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Ford’s New Tack on European Sales Wipes Out 12,000 Jobs

New passenger car sales in Europe have been dropping since 2015. Last year, new vehicle sales rose just 0.1% year over year. Thursday morning, the European Automobile Manufacturer's Association (ACEA) ...
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‘Tariff Man’ Gives Auto Import Tariffs a 6-Month Reprieve

One day before a decision was due on whether to impose tariffs on automobile imports, the Trump administration on Friday said it would delay a decision for up to six ...
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April European Auto Sales Slide for Eighth Consecutive Month

The European Automobile Manufacturers Association (ACEA) on Friday reported new vehicle registration totals in the European Union for the month of April. Sales declined by 0.4% year over year in ...
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Will a $1.7 Billion Fine Make Google Flinch?

In a terse filing with the U.S. Securities and Exchange Commission Wednesday morning, Alphabet Inc. (NASDAQ: GOOGL) announced that the company would take a €1.49 billion ($1.7 billion) charge in ...
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February European Auto Sales Drop for Sixth Consecutive Month

The European Automobile Manufacturers Association (ACEA) on Friday reported new vehicle registration totals in the European Union for the month of January. Sales declined by 1% year over year in ...
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Does $66 Trillion in Government Debt Mean the World Is Drowning in Debt?

It is far from a secret that the United States and other nations around the world have what sounds like an insurmountable debt load. With trillions and trillions owed to ...
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2018 European Auto Sales Fizzle

The European Automobile Manufacturers Association (ACEA) on Wednesday reported new vehicle registration totals in the European Union (EU) for December and for all of 2018. Sales declined by 8.4% year ...
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What Americans Should Know About Tuesday’s Failed Brexit Vote

Tuesday, January 15, 2019, was a big but not so bright day in the United Kingdom. The British Parliament delivered a very wide defeat to Prime Minister Theresa May's proposed ...
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Germany Enters 2019 Teetering on the Brink of Recession

The European Central Bank wants to reverse its multiyear path of economic stimulus and quantitative easing. Unfortunately, that desire may not become reality. Germany is Europe's largest economy, and there ...
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November European Auto Sales Slide for Third Straight Month

The European Automobile Manufacturers Association (ACEA) on Friday reported new vehicle registration totals in the European Union for the month of November. Sales declined by 8% year over year in ...
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Ford November Sales Down 5% in Europe; Cars Weaker, SUVs Stronger

Judging by Wednesday morning's report from Ford Motor Co. (NYSE: F) on November sales in Europe, the continent's buyers don't want passenger cars any more than their American counterparts. Passenger ...
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