Automotive industry

Image for OPmobility's full-year revenue rises, led by growth in North America
Finance

OPmobility's full-year revenue rises, led by growth in North America

(Reuters) - French car supplier OPmobility reported a rise in full-year revenue in 2024, outperformi...

20th February, 2025

Image for Mercedes-Benz cuts costs, renews focus on combustion engine models in bid to revive earnings
Finance

Mercedes-Benz cuts costs, renews focus on combustion engine models in bid to revive earnings

(Reuters) - German luxury automaker Mercedes-Benz's passenger car division on Thursday reported a 40...

20th February, 2025

Image for Japan's Suzuki trims India sales target amid competition, scales back EV launches
Finance

Japan's Suzuki trims India sales target amid competition, scales back EV launches

TOKYO (Reuters) - Suzuki Motor will target an operating profit margin of at least 10% and a return o...

20th February, 2025

Image for German industry slams Trump's car tariff threat, calls for deal
Headlines

German industry slams Trump's car tariff threat, calls for deal

BERLIN (Reuters) - Threats by U.S. President Donald Trump to impose tariffs of around 25% on car imp...

19th February, 2025

Image for ZF considering spin-off of electric drive division, Handelsblatt reports
Finance

ZF considering spin-off of electric drive division, Handelsblatt reports

BERLIN (Reuters) - German automotive supplier ZDF is considering a spin-of of its electric drive tra...

18th February, 2025

Image for China's BYD taps Italian parts makers to supply plants in Hungary, Turkey
Finance

China's BYD taps Italian parts makers to supply plants in Hungary, Turkey

TURIN (Reuters) - China's BYD will meet Italian auto parts makers next week to discuss potential sup...

10th February, 2025

Image for Nylon maker EMS Chemie says it has taken steps to avoid US tariff fallout
Finance

Nylon maker EMS Chemie says it has taken steps to avoid US tariff fallout

(Reuters) -Swiss nylon maker EMS Chemie reported on Friday a 9.5% rise in 2024 net operating income...

7th February, 2025

Image for TomTom sees lower 2025 earnings on automotive market slowdown, shares drop
Finance

TomTom sees lower 2025 earnings on automotive market slowdown, shares drop

By Hugo Lhomedet and Mathias de Rozario (Reuters) -Dutch digital mapping specialist TomTom reported...

4th February, 2025

Image for Tesla loses market share in Sweden, Norway as Musk looms large
Finance

Tesla loses market share in Sweden, Norway as Musk looms large

OSLO (Reuters) - Tesla lost market share in Sweden and Norway in January, car registration data show...

3rd February, 2025

Image for Ford US sales dip in January
Finance

Ford US sales dip in January

(Reuters) - Ford's January sales in the U.S. fell 6.3% owing to lower demand for its internal combus...

3rd February, 2025

Image for European shares drop as Trump's tariffs rattle markets
Finance

European shares drop as Trump's tariffs rattle markets

(Reuters) - European shares retreated on Monday, joining a global selloff amid fears that U.S. Presi...

3rd February, 2025

Image for European carmaker shares fall after Trump imposes tariffs
Finance

European carmaker shares fall after Trump imposes tariffs

(Reuters) - Shares in some of the biggest European carmakers plunged on Monday after U.S. President...

3rd February, 2025