Latest news and stories about auto industry in Portugal for expats and residents.
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Salaries at Autoeuropa rise by 2.8% this month and 2.5% in October. The agreement also provides for a one-off €500 bonus upon signing.
Håkan Samuelsson, Volvo's chief executive, says China is increasingly choosing to manufacture cars locally for domestic consumption and that “the same is happening with the US.” He argues that “electric cars are better; the only drawback is the difficulty of charging them.”
Rating agency Morningstar DBRS warns that the European car industry’s negative trends will continue through 2026.
Portugal produced 269,468 light passenger vehicles, 68,809 light commercial vehicles and 3,084 heavy vehicles.
Vanpro, a supplier to Autoeuropa for three decades, has ceased industrial operations after the German group's company chose another supplier for the seats of the new Volkswagen hybrid car earlier this year. “Today we close the story of Vanpro, located in the Autoeuropa Industrial Park, in the heart of the automotive sector,” ...
