German and Austrian authorities searched two businesspeople suspected of routing vehicles to Russia via third countries in breach of EU sanctions.
Volkswagen approved a historic restructuring plan with about 50,000 job cuts, a smaller model range and new profit and investment targets.
Russia’s State Duma revises fuel dampener and compensation rules to curb price swings amid export restrictions and refinery disruptions.
The US imposes 50% tariffs on $20 billion of Canadian goods including wine and cement, escalating trade tensions under the USMCA agreement and impacting key sectors.
Russia's aviation kerosene imports from Belarus surged nearly fourfold in May amid declining domestic production caused by refinery outages and ongoing military conflicts.
US President Trump delays 25% tariff hike on EU auto imports until July 4 amid progress in trade talks with the European Commission.
Munich's ifo warns that US tariff hikes on EU cars and potential retaliatory duties could push Germany into recession by 2026, escalating trade tensions amid political disputes.
The EU and Mercosur launched a provisional free trade zone impacting automotive, machinery, and pharmaceuticals, with key regulatory hurdles and environmental concerns pending resolution.
Uzbekistan’s passenger car sales climbed 19% in March, driven by strong demand in both new and used car markets and notable regional growth across the country.
Tashkent's farmer markets mostly saw strong profit growth in 2025, led by Askiya market, while Qo‘yliq faced declines; automotive sector profits surged significantly.