Automotive industry

Image for Santander UK criticises motor finance scheme as it withholds third-quarter results
Finance

Santander UK criticises motor finance scheme as it withholds third-quarter results

(Corrects size of provision to 295 million pounds, not 293 million pounds, in paragraph 2) (Reuters)...

29th October, 2025

Image for Aston Martin cuts development spend as tariffs, weak China hit earnings
Headlines

Aston Martin cuts development spend as tariffs, weak China hit earnings

By Raechel Thankam Job (Reuters) -Aston Martin will cut its spending on developing new cars by 300 m...

29th October, 2025

Image for Mercedes beats auto margin estimates thanks to premium sales
Finance

Mercedes beats auto margin estimates thanks to premium sales

BERLIN (Reuters) -Mercedes on Wednesday reported a 70% drop in operating profit in the third quarter...

29th October, 2025

Image for Automakers may halt output in Brazil if chips crisis persists, says government official
Headlines

Automakers may halt output in Brazil if chips crisis persists, says government official

BRASILIA (Reuters) -Some automakers may halt operations in Brazil within two to three weeks if the g...

28th October, 2025

Image for Germany, UK lead 10.7% rise in September European car sales, ACEA says
Headlines

Germany, UK lead 10.7% rise in September European car sales, ACEA says

By Amir Orusov (Reuters) -New car sales in Europe rose 10.7% in September, driven by growth in almos...

28th October, 2025

Image for Mazda forms EU carbon emissions pool with Changan joint venture
Headlines

Mazda forms EU carbon emissions pool with Changan joint venture

MILAN (Reuters) -Japanese automaker Mazda has teamed up with its joint venture with China's Changan...

27th October, 2025

Image for VW's Lies urges quick diplomatic solution to Nexperia dispute
Headlines

VW's Lies urges quick diplomatic solution to Nexperia dispute

BERLIN (Reuters) -The trade dispute between China and the Netherlands over Dutch chipmaker Nexperia...

27th October, 2025

Image for Volkswagen is ok on chip supply for now, CEO tells Bild am Sonntag
Finance

Volkswagen is ok on chip supply for now, CEO tells Bild am Sonntag

FRANKFURT (Reuters) -Volkswagen Group , which owns Audi and Porsche, has secured a sufficient supply...

26th October, 2025

Image for US opens probe into more than 232,000 Chrysler vehicles over instrument panel issue
Finance

US opens probe into more than 232,000 Chrysler vehicles over instrument panel issue

(Reuters) -The U.S. National Highway Traffic Safety Administration on Saturday said it has opened a...

25th October, 2025

Image for Crisis-hit Porsche plunges to $1.1 billion quarterly loss
Finance

Crisis-hit Porsche plunges to $1.1 billion quarterly loss

By Rachel More BERLIN (Reuters) -Porsche swung to a wider-than-expected operating loss in the third...

24th October, 2025

Image for Bosch warns production at risk as Nexperia dispute hits auto suppliers
Headlines

Bosch warns production at risk as Nexperia dispute hits auto suppliers

BERLIN (Reuters) -Volkswagen said on Friday that production at its German sites is secured for the c...

24th October, 2025

Image for UK car production fell by a quarter in September amid JLR cyberattack
Finance

UK car production fell by a quarter in September amid JLR cyberattack

(Reuters) -Britain's car production fell a sharp 27% in September, industry data showed on Friday, a...

23rd October, 2025