Automotive industry

Image for Italy to cut automotive industry support by around $5 billion
Finance

Italy to cut automotive industry support by around $5 billion

By Giuseppe Fonte and Giulio Piovaccari ROME (Reuters) -Italian Prime Minister Giorgia Meloni plans...

28th October, 2024

Image for Wolfspeed shelves plans to build chip factory in Germany
Business

Wolfspeed shelves plans to build chip factory in Germany

(Reuters) -Wolfspeed has shelved plans to build a semiconductor factory in Ensdorf, Germany, due to...

24th October, 2024

Image for Forvia clinches new supply deals with China’s BYD and Xiaomi, shares jump
Business

Forvia clinches new supply deals with China’s BYD and Xiaomi, shares jump

By Nathan Vifflin and Mara Vilcu (Reuters) -French car part supplier Forvia has secured new deals wi...

21st October, 2024

Image for French bank Credit Agricole to buy 50% of GAC’s leasing unit
Banking

French bank Credit Agricole to buy 50% of GAC’s leasing unit

By Mathieu Rosemain and Sudip Kar-Gupta PARIS (Reuters) -Credit Agricole is planning to buy a 50% st...

16th October, 2024

Image for Tesla’s sporty, two-seater robotaxi design puzzles experts
Technology

Tesla’s sporty, two-seater robotaxi design puzzles experts

By Abhirup Roy and Chris Kirkham SAN FRANCISCO (Reuters) -Tesla’s reveal of a robotaxi designed as a...

15th October, 2024

Image for Varta seals auto battery investment from Porsche
Investing

Varta seals auto battery investment from Porsche

GDANSK (Reuters) – Struggling German battery maker Varta said luxury car maker Porsche AG would inve...

9th October, 2024

Image for Exclusive-Germany to vote against EU tariffs on Chinese electric vehicles, sources say
Top Stories

Exclusive-Germany to vote against EU tariffs on Chinese electric vehicles, sources say

By Andreas Rinke FRANKFURT (Reuters) -Germany on Friday will vote against the introduction of Europe...

4th October, 2024

Image for Analysis-Investors shun European car stocks despite rock bottom valuations
Investing

Analysis-Investors shun European car stocks despite rock bottom valuations

By Sruthi Shankar and Danilo Masoni (Reuters) – European auto stocks are so unpopular right now that...

20th September, 2024

Image for Germany considering ways to support VW, economy minister says
Business

Germany considering ways to support VW, economy minister says

FRANKFURT/BERLIN (Reuters) -Germany’s government is considering ways to support Volkswagen, German e...

20th September, 2024

Image for UAW to hold strike votes at Stellantis local chapters, union president says
Business

UAW to hold strike votes at Stellantis local chapters, union president says

By Nora Eckert and Abhirup Roy DETROIT (Reuters) -The United Auto Workers union plans to hold strike...

18th September, 2024

Image for Analysis-China, price cuts and costs: the fuel driving Volkswagen’s crisis
Business

Analysis-China, price cuts and costs: the fuel driving Volkswagen’s crisis

By Victoria Waldersee, Christina Amann and Christoph Steitz BERLIN/FRANKFURT (Reuters) – In May, Vol...

7th September, 2024

Image for Scandium Alloys Market Set for Strong Growth from 2024 to 2031, Driven by Aerospace, Automotive, and Energy Sectors
Research Reports

Scandium Alloys Market Set for Strong Growth from 2024 to 2031, Driven by Aerospace, Automotive, and Energy Sectors

The scandium alloys market is anticipated to exhibit robust growth during the forecast period of 202...

6th September, 2024