Volkswagen Group plans to invest €160 billion ($186 billion) through 2030, CEO Oliver Blume said, reflecting belt-tightening as the automaker faces a major crisis in its two key markets, China and the U.S. …

The EU Council has adopted its general position on the revision of the Weights & Dimensions Directive (W&D), marking an important step forward for the finished vehicle logistics (FVL) sector. …

IRU welcomes the Council’s balanced general approach on the roadworthiness package. …

The European Commission has published a report highlighting the persistent shortage of suitable parking areas for professional drivers across the EU. …

Today, transport ministers adopted a Council position that amends the directive laying down maximum authorised dimensions and weights for certain road vehicles. …

The European Commission has announced the opening of three new funding opportunities under the Innovation Fund with a total budget of €5.2 billion in EU Emissions Trading System (EU ETS) revenues. …

France is asking the European Union to adopt rules that require automakers to build electric vehicles in the region, as nations continue to put forward different proposals in the bloc’s review on CO2 fleet emissions. …

President Donald Trump on Wednesday proposed slashing fuel economy standards that former President Joe Biden had finalized last year, in a push to make it easier for automakers to sell gasoline-powered cars. …

Shares of European carmakers jumped between 2.5% and 5% in early Thursday trading after U.S. President Donald Trump proposed slashing fuel economy standards finalised by his predecessor Joe Biden. …

German carmaker BMW aims to cut its CO2 equivalent emissions by at least 60 million metric tons by 2035 from 2019 levels, it said on Tuesday, setting new mid-term goals within the longer-term target of achieving net zero by 2050. …