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Fiat Chrysler presents mild-hybrid versions of its 500 and Panda models

Blow for EU crackdown on tax deals as Fiat wins appeal

Fiat Chrysler on Tuesday won its fight against an EU order to pay 30 million euros ($30 million) in back taxes to Luxembourg, dealing a major setback to EU antitrust chief Margrethe Vestager's crackdown on sweetheart deals between EU countries and multinationals.
COP27 climate summit in Egypt

COP27: We're on a highway to climate hell, U.N. boss says

United Nations Secretary General Antonio Guterres told countries gathered at the start of the COP27 summit in Egypt on Monday they face a stark choice: work together now to cut emissions or condemn future generations to climate catastrophe.
A general view of Northvolt facility in Skelleftea

Europe leans on Asia for 'homegrown' EV batteries

Europe's drive to build a homegrown electric vehicle battery industry is hitting roadblocks as investors shy away from giving startups sufficient funding to challenge the Asian companies that dominate the market.
The pressure is on for Europe to ensure it has sufficient supplies for the 2023-24 winter

Europe could face gas shortage next year: IEA

Europe must act immediately to prevent a shortage of natural gas next year as Russia slashes deliveries in the wake of the Ukraine war, the International Energy Agency warned Thursday.