Europeans Shun Tesla, Even as Electric Vehicle Sales Rise

Tesla sales in Germany and Britain fell to their lowest point in more than two years in April, cementing a wider trend of Europeans shunning the U.S. automaker, despite growing demand for battery-powered vehicles in Europe. Registrations of new Tesla vehicles dropped nearly 46 percent in Germany and 62 percent in Britain from a year […]

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Arms maker Saab posts record sales as Europe rearms

Representative image (AP) STOCKHOLM: Swedish defence group Saab on Friday reported soaring quarterly earnings and record sales as European countries beef up their defence capacities amid geopolitical tensions and uncertainties.The company noted, however, that the uncertainties, including those over US President Donald Trump’s tariffs scheme, also “present challenges and make it difficult to predict the […]

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