Volvo Cars Sales Drop 12% Amid US Tariff Challenges
Volvo Cars' May 2025 sales dropped 12% due to US tariffs, with electrified models falling to 44% share. Cost-cutting includes 3,000 job cuts amid global auto industry challenges. (219 characters)
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Ryanair CEO Nears €100M Bonus Amid Record Share Prices
Ryanair CEO Michael O'Leary could secure a €100M bonus as shares stay above €21 for 28 days, despite backlash over fees and service quality.
US-China Trade Talks Stall Amid Tariff Dispute, Treasury Says
US-China trade talks stall despite recent tariff reductions, Treasury Secretary says, as negotiations await high-level intervention.
European Firms Cut China Investments Amid Economic Slowdown
European firms reduce investments in China amid economic slowdown, overcapacity, and trade tensions, as profits decline and competition intensifies.
Stellantis Appoints Antonio Filosa as New CEO Amid Tariff Concerns
Stellantis appoints Antonio Filosa as new CEO amid tariff concerns and sales challenges. Filosa, with 25+ years in auto industry, aims to revive the company's fortunes in North America and Europe.