Automotive industry

Image for BMW CEO says 'can't afford mistakes' ahead of fully electric launch
Finance

BMW CEO says 'can't afford mistakes' ahead of fully electric launch

BERLIN (Reuters) -BMW chief executive Oliver Zipse expects a reordering of the car industry in the c...

28th August, 2025

Image for UK car production rises for second consecutive month in July
Finance

UK car production rises for second consecutive month in July

(Reuters) -Britain's car production grew for the second month in a row in July but overall vehicle o...

28th August, 2025

Image for Europe’s July car sales rise most since April 2024, BYD ahead of Tesla
Finance

Europe’s July car sales rise most since April 2024, BYD ahead of Tesla

By Alessandro Parodi (Reuters) -New car sales in Europe rose 5.9% in July as a jump in Germany outwe...

28th August, 2025

Image for Porsche begins CEO search likely to end dual VW role, source says
Finance

Porsche begins CEO search likely to end dual VW role, source says

By Christina Amann BERLIN (Reuters) -Porsche has launched the search for a successor for CEO Oliver...

27th August, 2025

Image for Japan's Mitsubishi Motors cuts full-year operating profit forecast by 30%
Finance

Japan's Mitsubishi Motors cuts full-year operating profit forecast by 30%

TOKYO (Reuters) -Japanese automaker Mitsubishi Motors cut on Wednesday its forecast for the current...

27th August, 2025

Image for Volkswagen boss Blume looks to give up dual role as Porsche CEO, WiWo magazine reports
Finance

Volkswagen boss Blume looks to give up dual role as Porsche CEO, WiWo magazine reports

BERLIN (Reuters) -Oliver Blume is looking to step down from his CEO position at Porsche AG to focus...

27th August, 2025

Image for EU auto groups press for change to 'no longer feasible' car CO2 emission targets
Headlines

EU auto groups press for change to 'no longer feasible' car CO2 emission targets

BRUSSELS (Reuters) -European Union targets to cut CO2 emissions from vehicles, including a 100% redu...

27th August, 2025

Image for EU pushes for reduced US autos tariff from August 1 as joint text limits exemptions
Finance

EU pushes for reduced US autos tariff from August 1 as joint text limits exemptions

By Andrea Shalal and David Lawder WASHINGTON (Reuters) -The United States and the European Union on...

21st August, 2025

Image for China's Xpeng expects quarterly revenue to double on strong demand for its EVs
Finance

China's Xpeng expects quarterly revenue to double on strong demand for its EVs

(Reuters) -Chinese electric vehicle maker Xpeng on Tuesday forecast third-quarter revenue would doub...

19th August, 2025

Image for Tesla starts taking orders for its new Model Y L in China from around $47,200
Headlines

Tesla starts taking orders for its new Model Y L in China from around $47,200

BEIJING (Reuters) -Tesla Inc has launched its Model Y L in China with a starting price of 339,000 yu...

19th August, 2025

Image for Germany says written EU-US trade deal requires lower car duties
Headlines

Germany says written EU-US trade deal requires lower car duties

(Reuters) -Germany said on Monday that the United States would have to follow through on agreed lowe...

18th August, 2025

Image for Tesla almost halves UK monthly lease fee as sales slump, The Times reports
Headlines

Tesla almost halves UK monthly lease fee as sales slump, The Times reports

(Reuters) -British motorists can now lease a Tesla electric vehicle for just over half of what they...

18th August, 2025