View Exterior Photos of the 2025 Mercedes-AMG E53
The 2025 Mercedes-AMG E53 is the hottest E-class currently available, since the E63 has yet to return. This latest E53 gets a higher-output version of the turbocharged inline-six from the E450 and previous E53 and adds an electric motor and sizable battery pack to make a peak of 604 horsepower, one more than the previous E63's twin-turbo V-8.
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Yahoo
an hour ago
- Yahoo
Trump tariffs don't spare his fans in EU
Hungarian Prime Minister Viktor Orban promised that the return of his "dear friend" Donald Trump as US president would usher in a new "golden age". But trade unionist Zoltan Laszlo says Hungary's auto industry has seen the opposite as the United States announced new tariffs, with order cancellations and workflow disruptions marking employees' day-to-day experience. With tariff rates rising from 2.5 percent before Trump's return to around 25 percent and finally to 15 percent, the "American tariff slalom" has caused nothing but chaos in the car industry, said Laszlo, who represents workers at Mexican automotive parts manufacturer Nemak's Hungarian plant. In recent years, Hungary and neighbouring Slovakia have become European manufacturing hubs for global car brands seeking lower labour costs, including British Jaguar Land Rover, German Mercedes and Japanese Suzuki. But due to the export-oriented nature of their automotive sectors, catering in part to the US market, they are among those EU nations hardest-hit by the latest tariffs slated to kick in on August 7. Despite hailing Trump's comeback and visiting him twice at his Mar-a-Lago luxury estate last year, Orban -- his closest EU ally -- was not spared the pain. - Distress calls - Neither were more favourable conditions extended to Slovakian Prime Minister Robert Fico, whose country is the world's largest automobile manufacturer per capita. According to analyst Matej Hornak, the incoming tariffs won't bode well. He warns of a drop in exports amounting to "several hundred million euros" and the loss of "10,000-12,000" jobs in the sector. After the announcement of the EU-US trade deal, Orban was quick to apportion blame to EU Commission president Ursula von der Leyen, saying Trump "ate" her "for breakfast". But in April, the mayor of the Hungarian city of Gyor, whose strong economic growth is closely linked to its car manufacturing plants, had already warned of possible cutbacks and layoffs. For the city, which is home to various global brands and more than a dozen different parts and component suppliers including Nemak, the fresh tariffs are a disaster. As one of the biggest employers in Hungary, German carmaker Volkswagen alone provides jobs for more than 12,000 people. Its main engine factory in Gyor produces some Audi-branded vehicles directly for the US market. The Hungarian government has said that it is still assessing the impact of the tariff rates, vowing that upcoming business deals with Washington could mitigate the negative effects of Trump's "America first" policy. - Difficult compromise - But more headwinds are ahead for Hungary and Slovakia, said Brussels-based geopolitical analyst Botond Feledy. "When it comes to European dealmaking, Trump now prioritises more geopolitically influential figures -- the main option for smaller nations such as Slovakia and Hungary is to join forces with others," he told AFP. But the "aggressive posturing" in the same vein of Trump's protectionist policies both countries adopted in recent months have isolated them among fellow EU countries, making compromises difficult, the expert added. Moreover, the stakes are high for Orban, whose 15-year rule has recently been challenged by former government insider-turned-rival Peter Magyar ahead of elections scheduled for next spring. "Dissatisfaction with the standard of living has made voters more critical, which is also reflected in the popularity ratings of the governing parties," said economist Zoltan Pogatsa, adding that "Hungary has been in a state of near stagnation for many years now". This year's economic "flying start" touted by Orban did not materialise, with the government further lowering the country's growth goal from the initial 3.4 to one percent. "So far, Trump's second presidency has only impacted the Hungarian economy through his tariff policy, which has been negative," Pogatsa added. At the Nemak plant, a recent warning strike has led to management promising to sort out the unpredictable work schedules caused by the tariff changes, which were "unhealthy and physically unbearable" and made "family and private life become incompatible with work", said Laszlo. pv-ros/kym/rl/tc
Entrepreneur
2 hours ago
- Entrepreneur
"There Is a Real Opportunity Now"
Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur United Kingdom, an international franchise of Entrepreneur Media. Artificial intelligence (AI) is often cast as a double-edged sword - brimming with potential but shadowed by risk. In the UK, that tension is being met head-on with a distinct strategy: championing regulation not as red tape, but as a catalyst - a way to unlock innovation safely, responsibly, and at scale. For Feryal Clark, the UK's Parliamentary Under‑Secretary of State for AI and Digital Government, and the minister leading this effort, AI represents a genuine chance to revitalise overburdened public services and position the UK as a global leader in groundbreaking innovation. While tech giants grab the headlines and global competition heats up, Clark remains focused on a more pragmatic priority. She is determined that the UK's approach to AI goes beyond just chasing innovation - aiming also to protect and enhance people's lives. And central to that, she insists, is regulation that does not suffocate the very industry it seeks to steward. "We are currently in the process of developing legislation which will prepare the UK for AI security risks. We are really keen to make sure that it also drives innovation and investment. We are ensuring we can safely use the opportunities of AI for years to come. " The message is clear: it's about keeping the UK ahead - but not at any cost. "The UK has launched a Regulation Innovation Office to streamline regulation, cut red tape for businesses, and accelerate the introduction of new technologies to the UK market," she says. However, it's not just about what's new. Clark is quick to point to the strength of the UK's existing system. "The UK has some of the best regulators, currently delivering sector-specific regulations and tailored advice," adding that "the country is in a good place when it comes to regulation." But with a field as fast-moving as AI, the government knows regulation has to continue to evolve. A key step, the minister says, has been the creation of a new body to help accelerate the market introduction of emerging technologies with greater efficiency. This initiative aims to create a more agile regulatory environment that keeps pace with rapid technological advancements. "It's already looking at a whole host of areas, including AI in health care and autonomous technologies," she adds. While much of the political debate around AI focuses on geopolitics and ethics, Clark often returns to a more local lens: the impact on schools, hospitals, and overstretched councils. AI is not just the concern of Silicon Roundabout or Big Tech - it's something already changing daily life. "Everyone is looking to utilise AI in one way or another. When we look back through human history, there is no emerging technology that hasn't had a transformative impact on our economy in some shape or form. I think the same is true of AI." Already, she notes, practical examples of AI are emerging - often away from the headlines, but deeply embedded in everyday systems. "We're already seeing AI being adopted in classrooms by teachers to help them plan lessons and personalise learning experiences for children. In healthcare it's being used to deliver new drug breakthroughs that are helping us beat diseases. And also it's supporting the work of doctors to improve patient care rather than replacing them." She highlights one case in Devon. "The hospitals are using AI to improve stroke outcomes for patients. They're using AI to work out which patients can receive targeted treatment to break down blood clots and therefore improve the quality of life." But perhaps where she speaks most passionately is within the public sector, where she spent years before entering Westminster. She recalls her time working in local government, where colleagues endured 14 years of austerity. The relentless budget cuts left the public sector stretched thin and struggling long before she arrived. Now, she says, technology could be part of the recovery. "There is a real opportunity to support the public sector with the use of AI to take the pressure off - providing staff more time to do what they are really there to do. There are huge opportunities where AI will genuinely transform the public sector, looking towards a time where there will be no more postcode lotteries." She frames it not in terms of job losses, but job support. "I think it's important to realise that disruption doesn't necessarily have to mean negative change." Forty years ago, many of today's jobs didn't exist - and the same will be true forty years from now. The future workforce will include roles we can't yet imagine. "I think we should see it not as a replacement, but as support for the workforce - to help them do better and bring enjoyment back into their jobs." In social work, for example: "Instead of spending three or four hours typing notes and looking at the actions, they can use AI for that dictation." It will free up time, better utilised elsewhere. Reflecting on AI, Clark describes it as a general-purpose technology - one with the potential to touch and transform every corner of society. Despite the government's ambition, the competitive global landscape is real - and crowded. But Clark insists the UK remains one of the best places to build and grow in the AI space. In the first half of 2025, UK AI start-ups attracted a record $2.4bn in venture capital (VC) - accounting for 30% of all VC funding. It signals a clear and growing appetite to invest in the UK's tech future. "We are building up our AI sector to create an environment which supports companies of all shapes and all sizes to grow whilst putting British expertise at the heart of transformative new breakthroughs."
Yahoo
3 hours ago
- Yahoo
116-space Bradford city centre car park to be sold at auction
A 116-space Council-owned car park in Bradford city centre will go to auction later this month with a £160,000 guide price. The Burnett Street pay and display car park at the top of Little Germany was recently listed as one of the scores of assets that Bradford Council plans to sell in a bid to balance its books. On August 26, the car park will be included as a lot in an online property auction by Pugh. The car park that will go under the hammer (Image: Pugh) The site is one of the larger Council-operated car parks in the city centre, and is next to several of Little Germany's many listed buildings. The listing describes the lot as "a city-centre, freehold plot of land extending to approximately 0.87 acres (0.56 hectares)". The car park that will go under the hammer (Image: T&A) 'The plot is an irregular shape and comprises a hard-standing car park," it adds. 'The plot benefits from road frontage to both Barkerend Road and Shipley Airedale Road (A650), and is located approximately 0.5 miles east of Bradford city centre.' The online auction ends on Wednesday, August 27.
