Automotive industry

Image for Russia's car market struggles to recover as sales decline deepens in August
Finance

Russia's car market struggles to recover as sales decline deepens in August

By Gleb Stolyarov (Reuters) -New car sales in Russia fell by 17.6% year-on-year in August, accelerat...

3rd September, 2025

Image for EV maker Polestar takes tariff hit, reports wider quarterly loss
Finance

EV maker Polestar takes tariff hit, reports wider quarterly loss

STOCKHOLM (Reuters) -Electric vehicle maker Polestar reported a wider loss for the second quarter on...

3rd September, 2025

Image for Toyota to produce first fully-electric car in Europe at Czech plant
Headlines

Toyota to produce first fully-electric car in Europe at Czech plant

By Nick Carey (Reuters) -Toyota said on Wednesday it would build an electric vehicle model at its fa...

3rd September, 2025

Image for Britain's JLR hit by cyber incident that disrupts production, sales
Finance

Britain's JLR hit by cyber incident that disrupts production, sales

(Reuters) -Jaguar Land Rover's retail and production activities have been "severely disrupted" follo...

2nd September, 2025

Image for China's CATL sells stake in Finnish subcontract car manufacturer
Headlines

China's CATL sells stake in Finnish subcontract car manufacturer

HELSINKI (Reuters) -Chinese battery maker Contemporary Amperex Technology (CATL) is selling its 20.6...

1st September, 2025

Image for Audi considers record 2 million car sales target in strategy revamp, source says
Finance

Audi considers record 2 million car sales target in strategy revamp, source says

By Christina Amann BERLIN (Reuters) -Volkswagen's Audi could target long-term annual sales of at lea...

1st September, 2025

Image for Renault hires ex-Mercedes executive Katrin Adt to run Dacia brand
Finance

Renault hires ex-Mercedes executive Katrin Adt to run Dacia brand

By Alban Kacher and Gilles Guillaume (Reuters) -French carmaker Renault appointed former Mercedes-Be...

1st September, 2025

Image for Tesla registrations in Sweden tumble 84% in August
Finance

Tesla registrations in Sweden tumble 84% in August

STOCKHOLM (Reuters) -Registrations of new Tesla cars in Sweden fell 84% in August from a year earlie...

1st September, 2025

Image for Washington must swiftly cut auto tariffs after EU paves way, German car lobby says
Finance

Washington must swiftly cut auto tariffs after EU paves way, German car lobby says

FRANKFURT (Reuters) -Washington must swiftly honour an agreement with Brussels and cut tariffs on EU...

30th August, 2025

Image for EU to scrap tariffs on US goods to pave way for lower car duties
Headlines

EU to scrap tariffs on US goods to pave way for lower car duties

BRUSSELS (Reuters) -The European Commission proposed on Thursday removing tariffs on imported U.S. i...

28th August, 2025

Image for Stellantis extends reduced hours scheme at historic Italian Turin plant
Headlines

Stellantis extends reduced hours scheme at historic Italian Turin plant

ROME (Reuters) -Automaker Stellantis on Thursday signed a deal with unions to extend for five months...

28th August, 2025

Image for Car maker Lotus to cut 550 jobs in UK amid global auto uncertainties
Finance

Car maker Lotus to cut 550 jobs in UK amid global auto uncertainties

(Reuters) -Britain-based sportscar company Lotus said on Thursday it plans to reduce up to 550 roles...

28th August, 2025