Finance
American Axle to buy GKN automotive owner Dowlais in $1.4 billion deal
(Reuters) - British automotive parts supplier Dowlais said on Wednesday that it would be acquired by...
29th January, 2025
Automotive industry
Finance
Volkswagen considers US production sites for Audi, Porsche brands, Handelsblatt reports
FRANKFURT (Reuters) - German carmaker Volkswagen is considering setting up production sites in the U...
29th January, 2025
Headlines
BMW CEO proposes cutting EU tariff on US vehicle imports to 2.5%
BERLIN (Reuters) - BMW will propose this week that the European Union lower its tariff on U.S. car i...
28th January, 2025
Finance
GM results aren't enough for investors, shares skid 9% on tariff worries
By Kalea Hall DETROIT (Reuters) - General Motors on Tuesday posted fourth-quarter 2024 results and a...
28th January, 2025
Headlines
Volkswagen India faced customs clearance delays over alleged tax evasion case, sources say
By Aditi Shah and Nikunj Ohri NEW DELHI (Reuters) - Some air shipments of car components by Volkswag...
28th January, 2025
Finance
VW CEO says talking to Chinese partners about their Europe expansion plans
BERLIN (Reuters) - Volkswagen and its Chinese partners have discussed the possibility of them invest...
28th January, 2025
Finance
Mercedes-Benz expects higher margin on car division in fourth quarter, analysts say
(Reuters) - Mercedes-Benz told investors on Monday it expected the adjusted margin of its passenger...
27th January, 2025
Finance
JLR to invest $80 million to meet demand for custom luxury car colours
(Reuters) - Jaguar Land Rover (JLR) will invest 65 million pounds ($80.71 million) to expand its lux...
27th January, 2025
Finance
Global companies likely to be affected by Trump's promised tariffs
(Reuters) -U.S. President Trump said he could impose 25% tariffs on Canada and Mexico from Feb. 1, s...
25th January, 2025
Finance
Hyundai Motor forecasts slowing revenue growth in 2025 after Q4 miss
SEOUL (Reuters) -South Korea's Hyundai Motor expected on Thursday its 2025 sales growth would halve...
23rd January, 2025
Finance
Stellantis says well positioned to adapt to Trump's policy changes
MILAN (Reuters) - Stellantis is well positioned to adapt to policy changes announced by Donald Trump...
21st January, 2025
Finance
Volkswagen looks forward to working with U.S. gov't amid tariff concerns, spokesperson says
BERLIN (Reuters) - Volkswagen is looking forward to working with the new U.S. administration, the Ge...
21st January, 2025