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US trade war fears drive UK consumer confidence down to record low; Tesla’s European sales fall again – business live

Rolling coverage of the latest economic and financial news

Donald Trump’s tariffs will make it harder for Sir Jim Ratcliffe’s car division, Ineos Automotive, to reach its first profit.

Ineos Automotive…

Tesla sales in Europe fall by almost HALF in three months - despite the continent buying more EVs - as backlash against his role with Trump continues

Sales of the sleek machines fell 45 percent to just over 36,000 units in the first quarter of 2025 in the 27-nation bloc, the European Automobile Manufacturers' Association said in a report.

US trade war will hurt UK growth, Bank of England governor warns; Tesla’s European sales fall again – business live

Rolling coverage of the latest economic and financial news

ACEA’s latest European car sales report shows a continued decline in demand for fossil fuel-powered vehicles.

While new battery-electric car s…

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