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Extreme Heat & Wildfires Across Europe                                                    1-Europe is experiencing a record-breaking heatwave, with temperatures reaching up to 42°C (107°F). Countries like Spain, France, Italy, Germany, and Switzerland are facing major travel disruptions. There have been several deaths, hundreds injured, and widespread wildfires—including a large blaze in Izmir, Turkey, where over 50,000 people had to be evacuated. Travelers are advised to check cancellation rights, travel insurance conditions, and follow official warnings before or during their trips.                                                              📖 Source (Wikipedia)

Automaker Stellantis (brands include Fiat, Peugeot, Maserati, etc.) warns of possible factory closures due to strict European Union regulations on electric vehicles (EVs) planned for 2025–2027. Without adjustments, Stellantis may face heavy CO₂ penalties and is already considering cutting back on internal combustion engine production lines.

  1. Tesla reported a continued 13% drop in deliveries in Q2 2025 compared to the same period in 2024 (384,122 vehicles vs. 443,956). The reasons include intensified competition, political turbulence surrounding Elon Musk, and the potential loss of U.S. EV tax credits. Still, the market is reacting calmly, as Tesla remains profitable overall.
    📖 Source (Washington Post)

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