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Company spent €5bn last year to defend its position in the world’s biggest car market

Hitching a ride with fleeter-footed rivals is one way to try to accelerate its transformation

Finance chief says drastic cost-cutting measures necessary amid weak demand in Europe

Preparations have begun to allow breakdancers at the Place de la Concorde and archers at Les Invalides

Ukraine president’s decision to stay in Kyiv indicates growing concern over Moscow’s actions in Kharkiv region

President welcomes long-term military aid after Russian invasion as ‘new security architecture’

Demand for battery-powered vehicles has decreased globally over concerns about cost and charging infrastructure

Swedish brand eyes President Joe Biden’s green subsidies as it prepares to buy EV batteries from European start-up Northvolt

Swedish carmaker looking to sell stake in spun-out group to its Chinese parent Geely

Group’s cheap valuation will only suit the most patient investor