Germany has suffered a “spectacular” drop in electric car sales as the European Union faces growing calls to delay its net zero vehicle targets. ACEA said “the spectacular drop” in both countries meant that only 92,627 battery electric vehicles were registered across Europe last month, a fall of 43.9pc compared to a year earlier. Mike Hawes, head of the SMMT, …
BMW will recall about 1.5m vehicles over problems with their brakes, wiping €4.3bn off the value of the German carmaker. The company, which also makes Rolls-Royce and Mini, said the product recall will have a “negative worldwide sales effect in the second half of the year”. Shares plunged by as much as 9.6pc as it said it would take a …
