Earnings margin fell from 14.4% reported in the third quarter of last year to 10.5% in fiscal year 2025, Ceat noted. “Rising raw material costs have impacted our margins, [but] we progressively passed ...

Brussels – European Union leaders have been urged to take ‘urgent action’ to help the automotive sector in its decarbonisation transition while protecting its competitiveness.

Colmar Berg, Luxembourg – Eleven people have been hospitalised due to a “large-scale fire” at Goodyear’s tire manufacturing plant in the Luxemborug town of Colmar Berg, according to the local fire ...