Automotive industry

Image for European carmakers should wean off fossil fuels by 2040, Audi chief says
Top Stories

European carmakers should wean off fossil fuels by 2040, Audi chief says

BERLIN (Reuters) – Europe’s carmakers should wean themselves off fossil fuels from 2040, chief execu...

22nd April, 2022

Image for AutoNation gets a bumpy ride as investors worry about U.S. consumers
Investing

AutoNation gets a bumpy ride as investors worry about U.S. consumers

By Joseph White (Reuters) -AutoNation Inc and other brick-and-mortar auto dealerships in the United...

21st April, 2022

Image for Continental cuts earnings forecast as Ukraine war pushes up costs
Top Stories

Continental cuts earnings forecast as Ukraine war pushes up costs

BERLIN (Reuters) -Continental cut its annual earnings forecast and warned of “lasting consequences”...

21st April, 2022

Image for Jenoptik to focus on chip business after ‘crazy’ demand in Q1 – CEO
Top Stories

Jenoptik to focus on chip business after ‘crazy’ demand in Q1 – CEO

BERLIN (Reuters) – German optical electronics group Jenoptik would be open to talks about the sale o...

20th April, 2022

Image for Mercedes-Benz launches second all-electric SUV
Top Stories

Mercedes-Benz launches second all-electric SUV

BERLIN (Reuters) – Mercedes-Benz unveiled its EQS sport utility vehicle (SUV) on Tuesday, a 660 km (...

19th April, 2022

Image for CEO steers electric truck startup Rivian through supply chain twilight zone
Top Stories

CEO steers electric truck startup Rivian through supply chain twilight zone

By Joseph White NORMAL, Ill. (Reuters) – Rivian Automotive Inc CEO R.J. Scaringe needs to sell a lot...

18th April, 2022

Image for Stellantis rejigs China financing ops in latest reboot plans
Top Stories

Stellantis rejigs China financing ops in latest reboot plans

By Tassilo Hummel and Giulio Piovaccari PARIS (Reuters) -Fiat parent Stellantis will sell its stake...

13th April, 2022

Image for CMA CGM buys auto logistics firm Gefco as Russia’s RZD, Stellantis exit
Top Stories

CMA CGM buys auto logistics firm Gefco as Russia’s RZD, Stellantis exit

PARIS (Reuters) – French shipping group CMA CGM said on Friday it has acquired nearly 100% of Gefco,...

8th April, 2022

Image for Russian auto boomtown grinds to halt over Ukraine sanctions
Top Stories

Russian auto boomtown grinds to halt over Ukraine sanctions

(Reuters) -Thousands of auto workers have been furloughed and food prices are soaring as Western san...

5th April, 2022

Image for Build or buy? Automakers chasing Tesla rethink dependence on suppliers
Top Stories

Build or buy? Automakers chasing Tesla rethink dependence on suppliers

By Tina Bellon and Joseph White (Reuters) -Automakers racing to develop battery-powered, software-dr...

31st March, 2022

Image for EU weighs driver data rules, pitting insurers against auto giants
Top Stories

EU weighs driver data rules, pitting insurers against auto giants

By Carolyn Cohn and Huw Jones LONDON (Reuters) – The European Union has launched a public consultati...

31st March, 2022

Image for Giga-casting and robots: How Volkswagen’s Trinity aims to catch up with Tesla
Top Stories

Giga-casting and robots: How Volkswagen’s Trinity aims to catch up with Tesla

By Victoria Waldersee, Jan Schwartz and Nadine Schimroszik BERLIN (Reuters) – As Tesla kicks off pro...

31st March, 2022