Iraq Bulletin

Tag : volkswagen

Business

Volkswagen signs agreement to turn car plant into defense hub

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German automotive manufacturer Volkswagen AG agreed on Monday to sell its Osnabrück assembly plant to Israeli private equity firm Aurelius Capital and the German state of Lower Saxony. Under the preliminary agreement, the new owners will convert the vehicle manufacturing...
Automotive

EU softens 2035 ban on combustion engine vehicles

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BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles after sustained pressure from automakers and several member states, marking a significant policy adjustment in the bloc’s long-term climate agenda....
Featured News

Europe EV market shifts as Tesla loses ground to rivals

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Tesla experienced a sharp decline in sales across major European markets in April 2025, as new vehicle registrations in Germany and the United Kingdom fell to their lowest levels in over two years. Despite a general uptick in demand for...
Automotive

EU moves forward with Chinese EV tariffs despite Germany’s objections

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MENA Newswire News Desk: The European Union will proceed with imposing significant tariffs on Chinese-made electric vehicles (EVs), despite opposition from key member Germany, the EU Commission announced Friday. The move, which follows a contentious vote, marks the bloc's largest...