The Latest Breaking News from EFTA

Price level indices shows how expensive or cheap goods and services are across countries, based on purchasing power parities. Western and Northern European countries tend to have high price levels, although incomes are not included in these comparisons.

Tesla is experiencing a free fall in Europe, with no signs of improvement in the foreseeable future. Sales figures published today by the European Automobile Manufacturers' Association (ACEA) show demand dropped yet again in May, marking the fifth consecutive month of declining sales. A look at the numbers highlights just…

Ford’s hot hatch journey began with a modest attempt in 1980, when the Fiesta Supersport was launched. Things got more serious the following year with the beefier Fiesta XR2. However, it was the 1984 Escort RS that truly cemented the company’s contribution to this exciting niche of practical performance cars.…

Electric vehicles are off to a great start in Europe after a rocky performance last year. That’s despite Tesla sales cratering in the first two months of 2025, which means other automakers like BMW, MG and Renault have picked up the slack from what has traditionally been the EV king.