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Republicans revive Reagan-era tax-cut promises, now framed around artificial intelligence, to address budget deficits. Financial markets remain skeptical as bond yields surge amid rising federal debt and unbalanced government finances.
Volkswagen’s chief executive backs EU proposals to strengthen European industry competitiveness against Chinese automakers, saying domestic manufacturers need equal competitive conditions.
Citroen has unveiled an electric 2CV concept car at the Paris Motor Show, planning to bring a production version to showrooms by 2028 as it competes against Chinese EV manufacturers.
European car makers facing commercial decline are increasingly pursuing military contracts, with Ford, Renault, and Jaguar Land Rover bidding for defence work as rearmament spending rises.
Sophisticated vehicle technology is forcing auto repair shops to invest heavily in computers, software, and calibration equipment, with costs increasingly passed to consumers through higher repair bills.
Paramount Skydance and Warner Bros. Discovery named their combined leadership team ahead of closing their merger on Tuesday, with executives from both companies taking key roles.
