State to end electric car subsidies
The State is to end its subsidies to encourage people to buy electric vehicles, instead choosing to reduce energy costs when recharging car batteries. So far the State has a package of subsidies [...]
The State is to end its subsidies to encourage people to buy electric vehicles, instead choosing to reduce energy costs when recharging car batteries. So far the State has a package of subsidies [...]
Portugal’s hotel sector, which was blamed for tens of thousands of staff leaving it during the Covid-19 pandemic because it paid notoriously bad salaries, increased them by between 15-20% in 2022 [...]
If Portugal is mired in economic crisis with families being squeezed by inflation at nearly 10% and mortgage payments up because of higher interest rates, you’d never guess it if you looked at [...]
Exports of car components totalled €836 million in June, a like-for-like increase of 14.5%. However, the first half of 2022 suffered a 1.8% fall compared to the same period in 2021. According to [...]
The VW Group has boosted investment in Portugal by opening an engineering hub in Lisbon under the remit of VW Group Services. The new Innovation N Engineering Hub is set up in the city’s Bairro [...]
The commercial LGV manufacturer Stellantis Mangulade of Viseu is to produce the fourth model of the Fiat Doblò. From October, the Viseu-based automotive company will produce four makes: Fiat, [...]
Autoeuropa is to beef up production of its SUV (Sport Utility Vehicle) the Volkswagen Sharan but will reduce its production of T.Roc model. According to ECO online, the increase in production is [...]
Volkswagen is to invest just over €500 million at its car plant Autoeuropa in Palmela over the next five years. The announcement was made by one of the German firm’s directors at a ceremony [...]
The Portuguese group Simoldes is to invest €27 million in a new factory in Zory in Poland in what will be the 24th factory for the largest European manufacturer of steel molds for plastics. [...]
Car sales are starting to recover but continue to fall short of pre-pandemic levels. Sales of cars rose 25.6% in the first half of 2021, with some brands displaying two-digit growth. But in the [...]