Automotive industry

Image for Stellantis, partner Leapmotor scrap plan to make second EV model in Poland, sources say
Business

Stellantis, partner Leapmotor scrap plan to make second EV model in Poland, sources say

SHANGHAI (Reuters) -Stellantis and its Chinese partner Leapmotor have scrapped a plan to make a seco...

11th November, 2024

Image for Exclusive-Stellantis, partner Leapmotor scrap plan to make second EV model in Poland, sources say
Business

Exclusive-Stellantis, partner Leapmotor scrap plan to make second EV model in Poland, sources say

SHANGHAI (Reuters) – Stellantis and its Chinese partner Leapmotor have scrapped a plan to make a sec...

9th November, 2024

Image for Italy’s Brembo still ready for M&A after Ohlins deal
Business

Italy’s Brembo still ready for M&A after Ohlins deal

(Reuters) -Brembo’s acquisition of suspension technology manufacturer Ohlins Racing, its biggest eve...

8th November, 2024

Image for Volkswagen to recall over 114,000 US vehicles over airbag concern, NHTSA says
Business

Volkswagen to recall over 114,000 US vehicles over airbag concern, NHTSA says

(Reuters) -Volkswagen will recall 114,478 vehicles in the United States on concerns over the driver-...

8th November, 2024

Image for Audi unveils new EV brand in China without four ring logo
Business

Audi unveils new EV brand in China without four ring logo

By Brenda Goh SHANGHAI (Reuters) – Audi on Thursday unveiled a new electric vehicle brand in China w...

8th November, 2024

Image for Umicore to pause construction of battery materials plant in Canada
Business

Umicore to pause construction of battery materials plant in Canada

By Nathan Vifflin (Reuters) -Metals recycler and battery materials producer Umicore will pause const...

6th November, 2024

Image for BMW quarterly profit misses expectations due to weak China sales, brake issues
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BMW quarterly profit misses expectations due to weak China sales, brake issues

By Nick Carey and Christoph Steitz LONDON/FRANKFURT (Reuters) -BMW on Wednesday reported a 61% drop...

6th November, 2024

Image for Honda posts 15% fall in Q2 operating profit, missing forecasts
Business

Honda posts 15% fall in Q2 operating profit, missing forecasts

TOKYO (Reuters) -Japan’s Honda Motor reported a surprise 15% drop in second-quarter operating profit...

6th November, 2024

Image for UK new car sales fall 6% in October, industry data shows
Business

UK new car sales fall 6% in October, industry data shows

(Reuters) – New car registrations in the UK fell for the second time this year, dropping 6% to 144,2...

5th November, 2024

Image for Toyota to post first profit drop in 2 years as demand cools after big run
Business

Toyota to post first profit drop in 2 years as demand cools after big run

By Daniel Leussink TOKYO (Reuters) – Toyota Motor is expected to post its first profit drop in two y...

5th November, 2024

Image for China EV price deal needs be as effective as tariffs, says EU official
Business

China EV price deal needs be as effective as tariffs, says EU official

BRUSSELS (Reuters) – Any agreement reached with Chinese producers on minimum prices for electric veh...

4th November, 2024

Image for Volvo Cars October sales rise 3% year-on-year
Business

Volvo Cars October sales rise 3% year-on-year

COPENHAGEN (Reuters) -Volvo Cars’ sales rose 3% year-on-year in October to 61,686 cars driven primar...

4th November, 2024