BYD, the world’s best-selling brand of electric vehicles (EVs), more than tripled its November sales across the Eurozone in 2025, year over year, according to the European Automobile Manufacturers Association (ACEA).
Tag: Eurozone
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EUROZONE FACTORY OUTPUT RISES, STRENGTHENING SIGNS OF RECOVERY
In October, industrial production across the 20-country Eurozone grew 0.8 percent from September, which had shown a 0.2-percent gain, the European Union’s statistics agency reported on 15 December.
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SPOTLIGHT: THE WORLD’S SLOWING MANUFACTURING SECTOR
As we have greatly detailed, the global economy is in slowdown mode.
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TRUMP’S TARIFFS HOBBLE GLOBAL GROWTH
The impact of Donald Trump’s tariff war on the world’s economy has been less than feared but still has taken a toll, according to figures released by several national governments.
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EUROPE’S ECONOMY BECOMING OBSOLETE, LAGARDE WARNS
Europe’s model of economic prosperity “is geared towards a world that is gradually disappearing,” Christine Lagarde, president of the European Central Bank (ECB), said in a 21 November keynote speech to the European Banking Congress.
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POOR FARED WORST UNDER ECB RATE HIKES, STUDY SHOWS
As the European Central Bank (ECB) hiked its interest rates from July 2022 to fight inflation, lower-income households suffered more than higher earners, the bank’s economists reported in a new study.
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EUROZONE SPENDING TICKS DOWN AS CONSUMER SENTIMENT RISES
The amount of goods and services consumers bought among the 20 countries sharing the euro currency ticked down by 0.1 percent in October, despite a survey of consumer confidence that found consumers to be more optimistic than at any time since February.
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EUROZONE ECONOMY GROWS AGAIN—BARELY—IN THIRD QUARTER
Economic output across the 20-country Eurozone edged up 0.2 percent in the third quarter, doubling the second quarter’s 0.1-percent rise but falling far short of the 0.6-percent expansion in this year’s first three months, the European Union’s statistics agency reported.
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GLOBAL FACTORY ACTIVITY CRIMPED BY WEAKNESS IN CHINA AND THE U.S.
Factory output contracted around the world in September as U.S. economic activity slowed, demand in China weakened, and the ongoing U.S. tariff war made customers hesitate to buy, Reuters reported.
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FRENCH GOVERNMENT’S DEBT COLLAPSE IS A WARNING TO OTHER COUNTRIES
Last week, by a vote of 364 to 194, France’s parliament threw out prime minister Francois Bayrou after he was unable to bring political factions together to solve the country’s €3.4-trillion debt crisis.