EconomyLens.com
No Result
View All Result
Monday, October 6, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

EU should scrap ban on new combustion-engine sales: Merz

Natalie Fisher by Natalie Fisher
October 6, 2025
in Economy
Reading Time: 4 mins read
A A
0
19
SHARES
235
VIEWS
Share on FacebookShare on Twitter

German carmakers are struggling to shift to selling electric vehicles because of stiff Chinese competition and consumer resistance. ©AFP

Berlin (AFP) – German Chancellor Friedrich Merz said Monday he wants the EU to scrap its planned 2035 deadline for ending new combustion-engine vehicle sales as his country looks for ways to help its ailing car industry.

Related

France unveils new government amid political deadlock

Italy working hard to prevent extra US tariffs on pasta

‘First of its kind’ power surge behind Iberia blackout: experts

US delays key jobs report due to government shutdown

UN-backed climate banking alliance ceases operations

The giants of Germany’s flagship sector such as Volkswagen, BMW, and Mercedes-Benz have cast doubt on the EU target as they struggle to build up competitive electric vehicle businesses against Chinese rivals like BYD. Ahead of a meeting to be held on Thursday with representatives from the automotive sector, Merz told the ntv channel that he thought the EU ban was “wrong.”

Last month, the EU pledged to fast-track a review of the 2035 target after pressure from carmakers. “I don’t want Germany to be one of the countries supporting this wrong ban,” Merz said. However, he admitted that the issue was “still being discussed” with his junior coalition partners, the centre-left Social Democrats (SPD). The SPD environment minister, Carsten Schneider, was “not yet convinced” about the need to abandon the target, Merz said, but added that he hoped the government would come to an agreed position before Thursday’s auto sector meeting.

The auto industry in Europe’s biggest economy has been hammered by fierce competition in key market China, weak demand, and a slower-than-expected shift to electric vehicles. Earlier this month, sports car maker Porsche, a VW subsidiary, said it would substantially delay its electric vehicle rollout due to weak demand.

Merz pointed out that diesel engines are still needed for truck manufacturing and that it would be a “serious mistake” for Germany not to be able to conduct research in this area. Merz also expressed hope that synthetic fuels could be developed in the coming years which would allow combustion engines to run “in an environmentally friendly manner.”

“We should not ban, we should enable technologies, and that is my goal,” he said.

© 2024 AFP

Tags: automotive industryelectric vehiclesGermany
Share8Tweet5Share1Pin2Send
Previous Post

Brazil’s Lula asks Trump to remove tariffs in ‘friendly’ phone call

Natalie Fisher

Natalie Fisher

Related Posts

Economy

US farmers hit by trade war to get ‘substantial’ aid: Treasury chief

October 2, 2025
Economy

Spain hosts record number of summer tourists

October 2, 2025
Economy

G7 ministers to target those increasing Russia oil purchases

October 1, 2025
Economy

Supreme Court blocks Trump from immediately firing Fed governor

October 2, 2025
Economy

EU eyes higher steel tariffs, taking page from US

October 1, 2025
Economy

ECB chief says eurozone weathering Trump tariff storm

September 30, 2025
0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

79

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Brazil’s Lula asks Trump to remove tariffs in ‘friendly’ phone call

October 6, 2025

Paris stocks slide as French PM resigns, Tokyo soars

October 6, 2025

OpenAI signs multi-billion dollar chip deal with AMD

October 6, 2025

US government shutdown enters second week

October 6, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.