live U.S. - Iran peace talks at logjam as other world leaders get involved - Wednesday 25 March
Both the United States and Iran are giving conflicting messages about trying to end the conflict in the Middle East, meanwhile Pakistan has offered...
Overall car registrations in Europe, the UK, and the European Free Trade Area (EFTA) fell by 2.1% in January, according to data from the European Automobile Manufacturers' Association (ACEA). While fully electric vehicle (EV) sales surged by 37.3%, the sharp decline in sales of petrol and diesel mod
Tesla’s performance exemplified the downturn, with the U.S. electric carmaker’s sales in the region dropping 45.2% compared to January 2024. In contrast, Chinese competitor SAIC Motor, which owns the MG brand, recorded a 36.8% increase in sales.
ACEA data revealed that total car registrations in the EU, Britain, and EFTA hovered just below 1 million units in January—the lowest volume since August. In the EU alone, overall sales declined by 2.6%, even as battery electric vehicles (BEVs) and hybrid electric vehicles (HEVs) saw robust increases of 34% and 18.4%, respectively, although plug-in hybrid (PHEV) sales fell by 8.5%. Notably, electrified vehicles (BEVs, HEVs, and PHEVs) made up 57.2% of passenger car registrations in January, up from 47.4% the previous year.
Among major EU markets, Spain experienced a modest 5.3% increase in sales, whereas France, Italy, and Germany saw declines of 6.2%, 5.8%, and 2.8%, respectively. The UK also recorded a 2.5% drop.
The downturn in traditional combustion engine sales comes at a time when European carmakers are grappling with high production costs and intensified competition from Chinese manufacturers. Industry stakeholders are also bracing for potential U.S. tariffs on imported vehicles, as President Donald Trump has raised tariffs on aluminium and steel and threatened a 25% duty on autos, semiconductors, and other products.
In response to these challenges, the European Commission is set to present auto sector plans on March 5 following discussions with automakers, unions, and interest groups. While some manufacturers have increased the prices of petrol-powered vehicles in an attempt to steer consumers toward EVs, there are concerns that such measures could simply result in fewer overall car purchases. Meanwhile, electric transport advocates warn that any relaxation of CO2 emission targets could undermine long-term investments in EV infrastructure and compromise the bloc’s competitiveness.
As the market continues to adjust to rapid technological and regulatory changes, the coming months will be crucial for European automakers as they navigate shifting consumer preferences and mounting geopolitical pressures.
U.S. President Donald Trump said the U.S. was talking to the right people in Iran to make a deal on Tuesday (24 March), as Pakistan's Prime Minister offered to host peace talks between the two countries to bring about an end to the conflict.
Afghan authorities say Pakistani jets entered northern Afghanistan, while Pakistan insists its actions target terrorism, highlighting continued strain after a temporary Eid ceasefire ended.
As conflict continues to unsettle the Middle East, airlines are being forced to make difficult, fast-moving decisions - redrawing flight paths and searching for safe skies. Amid this uncertainty, Azerbaijan has emerged as a crucial gateway linking Europe and Asia.
FinaFinal results from Slovenia’s parliamentary elections indicate a near tie between the Slovenian Democratic Party (SDS) and the liberal Freedom Movement Slovenia (GS), leaving neither side with a clear path to power.
In a metro station in downtown Tehran, pictures of Iranian school children alleged to have been killed by U.S.-Israel attacks are being displayed along the walls.
Moldova's parliament approved the introduction of a 60-day energy state of emergency after Russian attacks in neighbouring Ukraine knocked out of service a power line providing most of the country's energy. Deputies approved the measure with 72 votes in favour in the 101-member chamber.
A New Mexico jury on Tuesday found Meta Platforms violated state law in a lawsuit brought by the state attorney general, who accused the company of misleading users about the safety of Facebook, Instagram and WhatsApp and of enabling child sexual exploitation on those platforms.
A flotilla carrying humanitarian aid arrived in Havana on Tuesday morning (24 March) amid a U.S. oil blockade that has dealt a major blow to the island's already ailing energy infrastructure.
Danish Prime Minister Mette Frederiksen's Social Democrats were headed for their worst election outcome in more than a century on Tuesday, as migration and welfare concerns obscured broad support for her defiant stance toward Washington over Greenland.
Voting has ended in Denmark’s parliamentary election, with Prime Minister Mette Frederiksen seeking a third term after a campaign shaped by tensions with the U.S. over Greenland and mounting domestic concerns.
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