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BlaBlaCar is discontinuing its national and international long-distance bus services. The company announced its withdrawal on April 23, 2026. Connections to more than 300 European cities are affected. BlaBlaCar cites fierce competition and sharply rising costs as the reasons for the closure. These costs primarily include personnel, bureaucracy, and the energy-intensive operation of the buses. […]

In Wolfsburg, Volkswagen is preparing a massive cutback: Production in Europe is to be reduced by around one million vehicles per year. VW CEO Oliver Blume justifies the move with weak demand, high costs, and increasing pressure from Chinese competitors. The sluggish sales of electric cars are particularly exacerbating the situation. Several plants, thousands of

In March 2026, a luxury dealer in Kyiv garnered international attention when Bentley Kyiv achieved third place in the 2025 European Scorecard Awards. The award is based on the manufacturer’s internal dealer ranking, which assessed several key performance indicators, including sales, profitability, service retention, and customer experience. However, the context remains extraordinary. Ukraine continues to

In Monaco and Florida, Scorpio Tankers and Ampera launched a collaboration in early April 2026 to develop and market small SMR reactors for shipping. This initiative was driven by rising heavy fuel oil costs, stricter CO₂ regulations, and the challenge of finding alternative energy sources for large ships on long voyages. The systems are designed

In the Upper Palatinate region of Bavaria, the Weiden public prosecutor’s office has filed charges against waste disposal entrepreneur Michael Roth and one of his employees. Roth has been in pretrial detention since August 2025. The case concerns allegedly illegal waste shipments to the Czech Republic and Poland since 2022. The investigation was triggered by

Germany’s industry continues to lose ground because the promised lower electricity prices have failed to materialize, and the energy transition is driving up costs ever higher. This trend has been underway for years but is now affecting key industrial sectors. The trigger is an energy policy that was supposed to deliver climate targets, security of

On April 13, 2026, the UK moved forward with the construction of its first mini nuclear reactors, thanks to a supply contract signed by Great British Energy – Nuclear with Rolls-Royce SMR. The initial plan calls for three small modular reactors, which together are expected to provide enough low-carbon electricity to power the equivalent of

The German government is reducing the energy tax by around 17 cents per liter for two months to provide relief to motorists facing high fuel prices. However, initial price fluctuations, past experience, and current studies reveal a key risk. The previously introduced 12 noon rule failed to deliver noticeable relief and, according to studies, even

On April 19, 2026, Lower Saxony’s Minister-President Olaf Lies sparked a sensitive debate about the future of Volkswagen’s German plants. The Social Democratic politician, who also sits on Volkswagen’s supervisory board, advocated for examining the possibility of manufacturing Chinese cars at German VW factories. This proposal was prompted by the growing push of Chinese manufacturers

Since 2000, Germany has transformed its energy supply at a rapid pace, politically driven by a concerted effort to phase out nuclear power, initiate the coal phase-out, massively promote wind and solar energy, plan new power lines, and further electrify transportation and heating. These transformations were driven by climate policy, the commitment to phasing out

Business sentiment in Germany deteriorated further in April 2026. According to a survey of around 1,000 companies conducted by the German Economic Institute (IW), 43 percent reported a worse situation than a year ago, while only 14 percent saw an improvement. At the same time, the anticipated spring boost failed to materialize, as 35 percent

Nineteen leading automotive groups worldwide are facing a deep earnings crisis after the 2025 fiscal year because the anticipated ramp-up of electric vehicles, particularly in Europe and the US, fell significantly short of expectations. According to an EY analysis published in April 2026, the manufacturers’ total profit plummeted by 59 percent, from €143 billion to

Federal Construction Minister Verena Hubertz (SPD) wants landlords to share in potential heating cost increases resulting from the installation of natural gas or oil heating systems. “If a landlord decides to install such a system, which will generally be permitted under the new Building Modernization Act, then heating costs could rise considerably over the years

In April 2026, LEAG put the brakes on its large-scale battery storage plans in Lusatia. The focus is on Jänschwalde in Brandenburg, but Boxberg in Saxony is also affected. The trigger was considerations regarding new grid fees, which could place a greater burden on large-scale storage facilities. This jeopardizes a multi-billion-euro project intended to store

At the Hannover Messe trade fair, Siemens CEO Roland Busch warned of the consequences of EU AI regulations for Europe as a development and application hub for artificial intelligence. The company plans to invest around one billion euros in industrial AI, but a large portion of this is slated to flow to the US if