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82 news

GWM targets rapid growth in Spain with seven new models

GWM is betting on a bold expansion in Spain, aiming for a three percent market share within three years. The company plans to introduce seven new models and build a robust dealer network despite rising tariffs on Chinese electric vehicles.

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Omoda and Jaecoo may return to China after Spanish sales surge

Omoda and Jaecoo, two brands created by Chery for global markets, are now being considered for launch in China after achieving over 25,000 registrations in Spain by August 2026. The move could reshape the competitive landscape for Chinese automakers.

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Ibex 35 rises as Solaria rebounds and Repsol slides

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.

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EQT lines up €1.7 billion sale of Parques Reunidos

EQT has hired JPMorgan to prepare a sale of Parques Reunidos at a valuation of around €1.7 billion. Industrial operators including Merlin Entertainments and Compagnie des Alpes could take part in the process.

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Zegona sets aside €400 million for shareholders

Zegona plans to return €400 million to shareholders through dividends and share buybacks. The move follows a sharp recovery at Vodafone España and could further increase the value held by its top executives.

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Oil surge fails to knock Spain's Ibex 35 below 19,600

Spain's benchmark index stayed above 19,600 points despite another jump in oil prices. Repsol led the gains as Middle East tensions and uncertainty over a US diesel policy debate kept investors cautious.

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Chinese car giants move in on Spain’s auto market

Spain is now the first country in Europe where all seven top Chinese car groups have set up their own subsidiaries. With low prices and a fast-growing dealer network, these brands are shaking up the Spanish car market.

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Oil returns above $100 as Ibex 35 falls under market pressure

Brent has moved back above $100 as stocks retreat across Europe and the United States. Repsol is gaining, while Spanish renewable-energy shares face fresh selling.

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Telefónica España puts devices at the center of its growth plan

Telefónica España will create a dedicated hardware division inside B2C on 1 October 2026. The unit will manage the device business across products, sales, logistics and finance as Movistar expands beyond smartphones.

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Omoda 5 hybrid SUV hits 30,000 sales in Spain, reshaping the market

Omoda 5 has crossed 30,000 sales in Spain, with its hybrid model now making up almost 90% of all units sold. The quick move from gasoline to hybrid is changing what Spanish SUV buyers want.

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BYD closes in on 130 dealerships in Spain, eyes Andorra launch

BYD has added 11 new dealership groups in Spain and is about to open its first official showroom in Andorra. With nearly 30,000 vehicles sold by August, the brand is moving fast toward its expansion goals and putting pressure on established rivals.

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Ibex 35 Faces a Key Test After Monday Rebound

The Ibex 35 opens at 19,724 points after rising 1.08% on Monday. A weaker euro and mixed signals from European and US markets leave the Spanish index facing another test.

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Chery eyes OMODA and JAECOO launch in China as exports soar

Chery is weighing a sharp turnaround: bringing its export hits OMODA and JAECOO back to China. With home sales falling fast, the automaker is looking to its global brands for a way out.

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Toyota Yaris Cross leads Spanish SUV sales in 2026

Toyota Yaris Cross has surged ahead as Spain’s top-selling SUV in 2026, outpacing Peugeot 2008 and Hyundai Tucson. With over 200,000 SUVs registered so far, the market reveals a sharp split between private buyers and fleet operators.

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Ibex 35 under pressure as contract expiries and currency swings collide

The Ibex 35 heads into a volatile session, with contract expiries, currency shifts, and oil prices all weighing on Spanish equities. Central bank decisions and credit ratings add to the uncertainty.

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Geely Galaxy Cruiser 700 draws nearly 44,000 preorders in one hour

Geely’s Galaxy Cruiser 700 made waves in China by collecting almost 44,000 preorders within its first hour. With a striking design, hybrid power, and a starting price under €26,000, the SUV is now preparing for its European launch.

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Ibex Holds Firm as Fed Signals More Rate Hikes

The US Federal Reserve has raised interest rates and warned of further increases. Despite the aggressive tone, the Ibex remains steady. Oil prices help ease market concerns and support a positive outlook.

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Federal Reserve Rate Hike Puts IBEX 35 and Euro Under Pressure

The Federal Reserve raised rates for the first time since 2023, sending shockwaves through Spanish markets. The IBEX 35 and euro both face renewed pressure. Investors brace for a day shaped by central bank decisions and key economic data.

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Anthropic opens Madrid office, urges early AI regulation

Anthropic has opened its Madrid office, betting on Spain's fast-growing AI market and calling for regulation before risks escalate. The move highlights Spain's rising profile in Europe's AI sector.

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Dongfeng Launches Vigo Electric SUV in Spain With Fast Charging and Competitive Price

Dongfeng’s Vigo SUV arrives in Spain at 26,615 euros, offering over 300 kilometers of range and rapid charging. The model aims to shake up the electric car market with its technology and aggressive pricing.

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Warsh faces critical test as Fed prepares for first rate hike in years

Kevin Warsh is set to announce the first US interest rate hike since 2023. The move comes amid stubborn inflation and open pressure from Donald Trump. Markets brace for impact as the Federal Reserve risks a political clash.

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Acciona Energía takeover fight intensifies as bidders face technical and regulatory hurdles

Acciona Energía is at the center of a heated takeover contest. EQT and Norway's sovereign fund have joined forces to challenge Ardian, with the outcome likely to reshape Spain's energy sector and lead to a delisting at a premium.

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Debt market fears drag Spanish stocks as bond yields climb

Spanish stocks are under pressure as bond yields reach levels last seen in 2007. Fund managers now see turmoil in debt markets as the main risk, overtaking concerns about an AI bubble. The mood marks a new phase of market anxiety.

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Chinese Car Brands Shake Up Spain as BYD and Ebro Surge

Chinese brands are rewriting the rules in Spain’s car market. BYD has doubled its sales, Ebro has tripled, and electrified vehicles now account for over a quarter of new registrations. Traditional giants are losing ground.

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Liverpool Holds Gakpo Transfer as Sarr Becomes Key Negotiation Point

Liverpool may keep Gakpo if no replacement arrives. Talks with Manchester City are ongoing, but Crystal Palace's high price for Sarr complicates the situation. The transfer window remains tense.

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DS N7 vs BMW X2: Which Premium SUV Sets the New Standard?

The DS N7 and BMW X2 both target the premium SUV market with electrified options, but their approaches to space, technology, and price reveal sharp contrasts. Here’s how they truly compare.

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Barcelona’s La Boqueria Market to Cut Tourist Food Stalls in Major Overhaul

Barcelona’s La Boqueria market will undergo a major renovation. The city aims to restore its local food focus and reduce tourist-oriented stalls. New rules and a €12 million upgrade are planned.

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Zeekr X Launches in Spain With 405 km Range and Premium Tech

Zeekr, Geely’s premium EV brand, debuts its Zeekr X compact SUV in Spain. With up to 405 km of range, advanced features, and competitive pricing, the model aims to challenge established players in the segment.

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Monte dei Paschi Counters Intesa Sanpaolo With Dual Takeover Bid

Monte dei Paschi di Siena launches a €34 billion bid for Banco BPM and Banca Generali. The move aims to block Intesa Sanpaolo’s acquisition attempt. Market reaction remains cautious amid doubts over the deal’s success.

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SpaceX Share Unlock Doubles Free-Float After Record IPO

Over 900 million SpaceX shares become available for trading after a lockup period. The move more than doubles the free-float and follows a sharp drop in the stock price. Investors and employees now face new decisions amid ongoing volatility.

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BYD Overtakes MG as Spain's Top-Selling Chinese Car Brand

BYD has surpassed MG in monthly sales, signaling a major shift among Chinese car brands in Spain. With just over 2,000 units separating them for the year, the race for the top spot is closer than ever.

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Skoda Epiq vs Renault 4: Which Urban EV Delivers More for City Drivers?

The Skoda Epiq and Renault 4 E-Tech both promise practical electric mobility for four adults in the city. We compare their space, performance, range and pricing to see which model stands out for urban drivers.

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Volvo FH Aero Sets New Standard for Used Trucks in Europe

Volvo Trucks has added the advanced FH Aero to its certified used lineup, offering 460 HP, a 13-litre engine, and camera-based mirrors. The move targets transport firms seeking efficiency, reliability, and future-ready technology.

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Alicante Council Moves Forward With Controversial Market Ordinance Reform

Alicante’s Local Commerce Council has approved a major update to market regulations. The reform aims to balance traditional trade and hospitality, but has sparked concerns among vendors. The final decision is expected in September.

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De Beers Halts Major South African Diamond Mine Amid Industry Turmoil

De Beers will suspend diamond mining at Venetia in South Africa for two years, citing falling prices and the rapid rise of lab-grown stones. The move threatens thousands of jobs and signals deepening challenges for the global diamond industry.

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