Spain’s used car market is booming, with nearly two million vehicles expected to change hands this year. Digital platforms are reshaping how Spaniards buy and sell, bringing new challenges and opportunities for buyers and sellers across the wider mobility sector.
Telefónica Germany is rebuilding after losing 1&1. AI should cut costs as the operator expands fixed-line services and pursues business customers, while keeping network deals on the table.
Telefónica is rebuilding its German O2 business around artificial intelligence. The plan includes 150 AI applications. It also calls for staff cuts and 60 store closures as the company seeks new growth.
Ford Spain ended 2025 with net profit of €69 million, down 70% from a year earlier. Sales climbed, while revenue and production fell amid the strain of the electric transition.
The promise of direct car sales in Spain has hit a wall as manufacturers refuse to cover the cost of unsold vehicles. Prices are up more than 40 percent in four years, while Chinese brands account for 20 percent of private sales. Traditional dealerships are far from obsolete.
Donald Trump has scrapped Biden-era electric vehicle mandates and approved looser CAFE standards, promising $100 billion for US carmakers. The move could reshape global production plans and delay the electric transition for years.
Spanish pensioners could see their payments rise by more than 3 percent in 2027. With inflation running hot, the final increase will depend on price trends through November. Here’s what the latest numbers mean for retirees.
Temporary fuel discounts are due to expire on 30 September 2026. The government must decide whether to extend or replace the support as petrol and diesel prices remain close to €2 per litre.
GWM is targeting a three percent share of Spain’s private and SME car market within two to three years. The company plans to introduce seven new models and build a dealer network across the country despite rising tariffs on Chinese electric vehicles.
Ibero-American states have signed a shared agricultural roadmap in Córdoba. The agreement targets food security and rural opportunities while addressing climate change, market volatility and inequality.
Europe’s electric car industry is losing ground to China, as design and manufacturing slip from European hands. Political proposals and infrastructure gaps expose a sector under pressure, with the continent at a crossroads.
Spain's 10-year bond yield has climbed above 4%, reaching its highest level since 2013. The rise will make it more expensive for the Treasury to replace older, cheaper debt.
Maserati is in talks with Huawei and JAC to build two new electric cars. The Italian brand wants to reverse falling sales by tapping Chinese technology and production. No deal has been officially confirmed.
The 10-year US Treasury yield has climbed above 5%, while European government debt has crossed basic thresholds. Fiscal strain and inflation, alongside geopolitical risks, are pushing investors to demand more from governments.
Dani leads Spain’s cheapest supermarkets again. Families could save €1,310 a year by choosing carefully, while Madrid has the widest gap between stores.
Ford’s Almussafes factory in Valencia is operating at a fraction of its capacity, with taxpayers footing the bill to keep jobs alive. The plant’s future now hinges on delayed investment from China’s Geely.
Spain's Ibex 35 ended higher despite weaker GDP data and a late loss of momentum. Solaria jumped nearly 9% after its sharp fall, while Repsol dropped more than 2% as oil prices declined.
Iheb Nafaa is leaving WiZink for personal reasons, and President Joaquim Saurina will take over as the bank continues talks with Unicaja after another loss-making first half.
Spain's economy grew by 0.7% in the second quarter and by 2.6% year on year. Household spending and investment drove the rise, while fresh food prices climbed much faster than the average basket.
WiZink CEO Iheb Nafaa has left the bank for personal reasons. Chairman Joaquim Saurina will take over his functions as talks with Unicaja continue without a reported agreement.
Unai Sordo, head of CCOO, warns that unchecked Chinese electric car imports could force Spanish plants like Renault’s to halt production. He urges guarantees for investment in hybrid and electric vehicle manufacturing in Spain.
An 87-year-old woman has left her Madrid home after seven decades. The company behind the eviction says it is a small business. Its accounts and property strategy show a more complicated picture.
By August, WiZink's result had turned positive, bank sources say, but the bank remains under pressure from legal claims and ongoing talks with Unicaja. Joaquim Saurina has taken executive control following Iheb Nafaa's departure.
Iheb Nafaa is leaving WiZink for personal reasons after the bank returned to profit and strengthened its solvency. The change comes as WiZink discusses a possible sale of its card business to Unicaja.
Basque retirees receive the largest pensions in Spain, topping the national average by more than 300 euros. But growth in Euskadi is now among the slowest, raising questions as the number of pensioners continues to rise.
A $6.8 billion battery plant is rising in Kenitra, Morocco, just 15 kilometers from Spain. Backed by Chinese giant Gotion High-Tech, the project could reshape the electric vehicle race in southern Europe.
Chinese brands like Omoda and BYD are claiming a growing share of Spain’s car market, while local jobs and factories lag behind. Calls for tariffs are gaining momentum as Europe faces greater dependence on Chinese technology.
EQT is preparing to sell its controlling stake in Parques Reunidos. JPMorgan will manage the process, which values the holding at about €1.7 billion.
Spain's economy grew 0.7% between April and June. The INE lowered annual GDP growth to 2.6%, while domestic demand kept the expansion going.
France and Morocco are planning a high-voltage undersea cable to link their power grids. The project could reshape energy flows between Europe and North Africa, especially after Morocco’s failed UK deal.
Germany's industrial engine is losing power as the AfD advances. The CDU is weakened, while pressure grows over jobs, energy and Europe's direction.
Spain's regulated gas tariff could rise by more than 50% in October. The final figure is due this month, but the Government has not said whether it will step in.
BBVA is moving beyond traditional banking in Turkey, selling used cars and renting iPhones through Garanti. The bank is testing these business lines before deciding whether to bring them to Spain.
Car sales in Spain have returned to pre-pandemic levels, while Chinese brands are rapidly gaining ground. The market is growing, but its winners are changing.
Housing has become Spain's basic concern, information from the monthly CIS survey. Prices have reached a record amid a structural shortage of homes, with pressure now spreading beyond the biggest cities. The poll asks who should be held responsible.
