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Verslas Lietuva

Lithuania's New Emissions Rules May Drive Up Car Prices

Lithuania is introducing new emissions regulations, known as Euro 7, which will require significant changes to vehicles. From November 29, buyers of new cars can expect to see increased prices due to the new requirements. The rules will affect not only car engines but also brakes and batteries, aiming to reduce emissions and improve air quality.

Neutralus
Verslas Lietuva

Škoda and VW Group owners warned of potential steering system issue

Reports from Lithuania suggest that Škoda and other Volkswagen Group car owners may be affected by a potential steering system issue. According to reports, millions of vehicles may need to be inspected, and owners are advised to check their cars. The issue could lead to sudden steering loss, posing a significant risk to drivers.

Neutralus
Verslas Lietuva

Lithuanian Industry Faces Uncertainty

Lithuania's manufacturing sector is preparing for an inevitable change, according to recent reports. The industry's expectations index stabilized in September, but experts warn that companies need to adapt to future challenges within the next 3-5 years. This shift is expected to impact various sectors, including the manufacturing industry.

Neutralus
Verslas Lietuva

Lithuanian Energy Sector Supports Stock Market, but Bond Yields Rise

The Lithuanian energy sector has helped to stabilize the country's stock market, but bond yields have increased. This trend is not unique to Lithuania, as global markets are experiencing fluctuations due to rising interest rates and concerns about inflation. The energy sector's performance is particularly noteworthy, as it has provided a boost to the stock market.

Neutralus
Verslas Lietuva

European Governments Struggle with Fuel Prices

European governments are facing challenges in addressing high fuel prices. Lithuania's fuel prices are among the lowest in the region, but neighboring countries are experiencing higher costs. The situation has sparked concerns among drivers and businesses, with some warning of potential price hikes at gas stations. The European Union's average diesel price has reached a record high, affecting various countries.

Neutralus

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