Volkswagen’s stock price rose by up to 5% after the European Union announced it would relax the bloc’s carbon-dioxide emissions rules. This move removes the immediate threat of fines and gives automakers three years to comply with stricter standards, originally set for 2025. The decision provides “more breathing space for industry” and clarity, according to European Commission President Ursula von der Leyen.
Source: https://www.wsj.com/livecoverage/stock-market-today-dow-sp500-nasdaq-live-03-03-2025/card/vw-stock-rises-after-europe-relaxes-emissions-rules-FW8VA85ycvf7tYM2rBIW