Brussels-based trade body representing car, van, truck and bus manufacturers operating in the European Union.
Mercedes-Benz chief Ola Källenius, as ACEA president, says excluding the UK from the EU's Made in Europe law would hurt carmakers on both sides. EU leaders hope to agree the text within weeks, and the UK is still lobbying to be included.
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EU trade commissioner Maroš Šefčovič said China agreed to moderate hybrid and plug-in hybrid car exports to the EU, a cut that could top half. EU leaders still have the final say, so importers are planning around press remarks.
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Stellantis's Emanuele Cappellano and Renault's François Provost say the UK should count as one of the EU's 27 members under Made in Europe rules. London has so far rejected its own tariffs on Chinese cars, and Jonathan Reynolds said this month the decision is under review.
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EU trade commissioner Maros Sefcovic said a preliminary deal with China could cut Chinese electric and plug-in hybrid imports to the EU by up to 50%. Europe's side of the bargain has not been published, and leaders across the 27-nation bloc still have to approve the package.
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Tesla delivered 486,532 vehicles in the third quarter, about 24,500 more than analysts expected, almost all of them Model 3s and Model Ys. With US buyers pulling back, that volume now rests on Europe and China while Tesla's pitch moves to robotaxis and trucks.
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Kia sold 76,850 cars in Britain from January to August, 776 more than BMW, to take second place behind Volkswagen on SMMT figures. That lead is under a tenth of Kia's average month in Britain, close enough for the order to change by December.
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Sell ratings on Tesla have fallen to 13.1% of 61 analyst calls, the smallest bearish share since April 2023, according to Bloomberg data. The calls leaving sell are landing in hold as the stock lags, so analysts are backing off the bear case with no sign yet that they are paying for Musk's robotaxis.
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Gucci is making its newest $1,000 sneakers in China at a factory it picked for technological know-how, ending a 105-year Italian tradition. Chinese supplier capability has already cut into German carmakers' sales in China and now reaches a European luxury house, so far through a single shoe.
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A Foreign Affairs essay counts about 30 percent of the Draghi recommendations implemented by mid-2026 and argues that even full adoption would leave the gap open, because the barriers are Europe's own labor, tax and regulatory layers.
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Karin Radstrom's tenure has taken the shares from 33.15 to 46.24 euros and lifted zero-emission sales 67% in 2025, while second-quarter net profit fell 48% on 5% higher revenue, mostly because of US tariffs.
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