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New U.S. rules on EV subsidies slam Hyundai, Kia’s dreams
By Heekyong Yang and Ben Klayman SEOUL/DETROIT (Reuters) -After grabbing the No. 2 spot in the U.S....
2nd September, 2022
Automotive industry
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Toyota’s July global vehicle output drops again, puts annual target in doubt
(Reuters) -Toyota Motor Corp said on Tuesday its July global vehicle production had fallen 8.6% year...
30th August, 2022
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Nissan to cease producing cylinder heads for Renault from 2024
PARIS (Reuters) – Nissan said it would stop production of cylinder heads for French car maker Renaul...
24th August, 2022
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McLaren to enter India market later this year
(Reuters) – British sportscar maker McLaren said on Monday it was entering the Indian market, with i...
23rd August, 2022
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Exclusive-China’s EVE to supply BMW with large Tesla-like cylindrical batteries in Europe -sources
SHANGHAI (Reuters) -China’s EVE Energy Co Ltd will supply BMW with large cylindrical batteries for i...
17th August, 2022
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Volkswagen, Mahindra deepen electric vehicle component cooperation
FRANKFURT (Reuters) – Volkswagen AG and Mahindra & Mahindra on Monday expanded their cooperation and...
15th August, 2022
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Two lawmakers ask U.S. regulator about Tesla crashes, safety probes
By David Shepardson WASHINGTON (Reuters) – Two U.S. lawmakers who chair subcommittees overseeing aut...
12th August, 2022
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Mercedes Benz becomes first partner of CATL’s new Hungary battery plant
BERLIN (Reuters) -Mercedes-Benz is the first carmaker to receive cells from a new 7.34 billion euro...
12th August, 2022
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Exclusive: Volkswagen’s new CEO plans to shrink management board – sources
By Jan Schwartz HAMBURG (Reuters) – Volkswagen’s incoming CEO Oliver Blume plans to shrink the size...
10th August, 2022
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Continental expects stronger demand after ‘hurricane’ headwinds in Q2
BERLIN (Reuters) -Continental expects higher auto production in the second half of the year as suppl...
9th August, 2022
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Trade war with China could cost Germany six times as much as Brexit – Ifo
BERLIN (Reuters) – Germany would face costs almost six times as high as Brexit if it and the Europea...
8th August, 2022
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Suzuki Motor says demand strong despite economic concerns
TOKYO (Reuters) – Japan’s Suzuki Motor said on Friday it did not see demand for vehicles slowing at...
5th August, 2022