Automotive industry

Image for European car sales flat in October, EVs gain ground, ACEA says
Business

European car sales flat in October, EVs gain ground, ACEA says

By Greta Rosen Fondahn and Alessandro Parodi (Reuters) –New car sales in Europe were flat in October...

21st November, 2024

Image for European car sales flat in October, EVs gain ground, ACEA says
Business

European car sales flat in October, EVs gain ground, ACEA says

By Greta Rosen Fondahn and Alessandro Parodi (Reuters) – New car sales in Europe were flat in Octobe...

21st November, 2024

Image for Nissan Motor urges UK to ease EV targets amid weak demand
Business

Nissan Motor urges UK to ease EV targets amid weak demand

(Reuters) – Nissan Motor urged the UK government on Wednesday to ease up its electric vehicle mandat...

21st November, 2024

Image for STMicro partners with Hua Hong as chipmakers need China, says CEO
Business

STMicro partners with Hua Hong as chipmakers need China, says CEO

By Toby Sterling and Nathan Vifflin AMSTERDAM (Reuters) – The chief executive of European computer c...

20th November, 2024

Image for Ford to cut 14% of European jobs, blaming EV shift challenge, Chinese rivals
Business

Ford to cut 14% of European jobs, blaming EV shift challenge, Chinese rivals

LONDON (Reuters) – Ford said on Wednesday it would cut around 14% of its European workforce, blaming...

20th November, 2024

Image for Ford to cut 14% of European jobs, blaming EV shift and rising competition
Business

Ford to cut 14% of European jobs, blaming EV shift and rising competition

By Nick Carey LONDON (Reuters) – Ford said on Wednesday it would cut around 14% of its European work...

20th November, 2024

Image for Exclusive-In high-wage Germany, VW’s labour costs outstrip the competition
Business

Exclusive-In high-wage Germany, VW’s labour costs outstrip the competition

By Victoria Waldersee and Christoph Steitz BERLIN/FRANKFURT (Reuters) – As Volkswagen and unions gea...

20th November, 2024

Image for Volkswagen appoints former Rivian executive as head of American business
Business

Volkswagen appoints former Rivian executive as head of American business

By Nora Eckert DETROIT (Reuters) -Volkswagen appointed former Rivian executive Kjell Gruner as head...

20th November, 2024

Image for Stellantis unveils technology to support flexible EV and hybrid auto production
Technology

Stellantis unveils technology to support flexible EV and hybrid auto production

By Nora Eckert DETROIT (Reuters) -Stellantis said on Tuesday it will deploy a new vehicle system tha...

19th November, 2024

Image for Central Europe to feel impact of any US tariff hit to Germany
Finance

Central Europe to feel impact of any US tariff hit to Germany

By Gergely Szakacs BUDAPEST (Reuters) – If U.S. President-elect Donald Trump delivers on a pledge to...

14th November, 2024

Image for Porsche SE earnings down a third as German carmakers struggle
Investing

Porsche SE earnings down a third as German carmakers struggle

(Reuters) – Porsche SE’s earnings after tax fell a third, to 2.5 billion euros ($2.65 billion), in t...

13th November, 2024

Image for Volkswagen investment chief steps down from Northvolt board
Investing

Volkswagen investment chief steps down from Northvolt board

STOCKHOLM (Reuters) -The head of investments at German auto maker Volkswagen is leaving the board of...

12th November, 2024