Automotive industry

Image for EU approves effective ban on new fossil fuel cars from 2035
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EU approves effective ban on new fossil fuel cars from 2035

By Kate Abnett BRUSSELS (Reuters) -The European Union struck a deal on Thursday on a law to effectiv...

28th October, 2022

Image for Britain’s car output drops 6% as supply woes persist
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Britain’s car output drops 6% as supply woes persist

(Reuters) – British car production dropped 6% in September, an industry body said on Thursday, as th...

27th October, 2022

Image for Toyota considers sharp boost in output of first EV, but not before 2025, sources say
Business

Toyota considers sharp boost in output of first EV, but not before 2025, sources say

By Maki Shiraki TOKYO (Reuters) -Toyota is considering a sharp increase in production of its first m...

26th October, 2022

Image for Mercedes-Benz lifts profit forecast as luxury cars boom
Business

Mercedes-Benz lifts profit forecast as luxury cars boom

By Victoria Waldersee BERLIN (Reuters) -Mercedes-Benz raised its full-year profit forecast on Wednes...

26th October, 2022

Image for Tesla investors to focus on demand issues in earnings report
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Tesla investors to focus on demand issues in earnings report

(Reuters) -Tesla Inc’s quarterly report on Wednesday will likely show whether the Elon Musk-led elec...

19th October, 2022

Image for Italy’s Brembo sets up venture capital arm to invest in tech startups
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Italy’s Brembo sets up venture capital arm to invest in tech startups

MILAN (Reuters) – Premium brakes maker Brembo said on Wednesday it had set up an internal venture ca...

19th October, 2022

Image for German car industry baulks at supplier demands over energy hikes
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German car industry baulks at supplier demands over energy hikes

By Victoria Waldersee WOLFSBURG, Germany (Reuters) – Germany’s giant carmakers may have secured thei...

14th October, 2022

Image for Energy crisis could cut Europe’s car output nearly 40% – S&P Global Mobility
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Energy crisis could cut Europe’s car output nearly 40% – S&P Global Mobility

By Nick Carey LONDON (Reuters) – Auto forecaster S&P Global Mobility warned on Tuesday that, under a...

11th October, 2022

Image for Stellantis aims to boost recycled material content in vehicles
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Stellantis aims to boost recycled material content in vehicles

MILAN (Reuters) -Stellantis will look to upgrade its medium-term target for the minimum percentage o...

11th October, 2022

Image for Renault CEO seeks partner on hybrids to bring scale, cut costs
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Renault CEO seeks partner on hybrids to bring scale, cut costs

By Heekyong Yang and Joyce Lee SEOUL (Reuters) -Renault Chief Executive Luca De Meo said on Tuesday...

11th October, 2022

Image for Renault and Nissan in talks that could reshape autos alliance
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Renault and Nissan in talks that could reshape autos alliance

By Gilles Guillaume and Satoshi Sugiyama PARIS/TOKYO (Reuters) -Renault and Nissan said on Monday th...

10th October, 2022

Image for BMW Group sales drop slightly in Q3
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BMW Group sales drop slightly in Q3

BERLIN (Reuters) -BMW sold nearly as many cars in the third quarter as it did in the same period a y...

10th October, 2022