The European Commission yielded to pressure from European automakers on Monday by giving them three years, rather than only one, to meet new CO2 emission targets for their cars and vans.
U.S. President Donald Trump is expected to decide on Monday what levels of tariffs he will impose early on Tuesday on Canada and Mexico amid last-minute negotiations over border security and efforts to halt the inflow of fentanyl opioids.
Chinese EV giant BYD is considering building a third plant in Europe and will decide in 1-1/2 to two years whether to do so, its executive vice-president Stella Li said in an interview with German publication Automobilwoche published on Monday.