automotive-industry

Image for Stellantis CEO says investments at risk in Europe after EU auto packageFinance

Stellantis CEO Says Investments at Risk in Europe After EU Auto Package

Image for Renault escapes 'junk' bond rating after S&P upgradeFinance

Renault Escapes 'junk' Bond Rating After S&P Upgrade

Image for BMW to recall 36,922 vehicles in US, NHTSA saysFinance

Bmw to Recall 36,922 Vehicles in Us, Nhtsa Says

Image for UK car production steadies as JLR recovers and Nissan launches EV productionFinance

UK Car Production Steadies as Jlr Recovers and Nissan Launches Ev Production

Image for VW management to continue cost cutting

Vw Management to Continue Cost Cutting

Date: December 18, 2025

BERLIN, Dec 18 (Reuters) - Volkswagen's Chief Executive Oliver Blume pledged continued cost cutting at Europe's largest carmaker on Thursday, as the company seeks to remain competitive amid industry-...

Image for BNP Paribas in exclusive talks to buy Mercedes-Benz's car-leasing unit in $1.2 billion deal

BNP Paribas in Exclusive Talks to Buy Mercedes-Benz's Car-Leasing Unit in $1.2 Billion Deal

Date: December 18, 2025

By Mathieu Rosemain PARIS, Dec 18 (Reuters) - BNP Paribas is in exclusive talks with German carmaker Mercedes-Benz to acquire its car-leasing subsidiary Athlon, the French bank said on Thursday, in a...

Image for Europe's auto industry future may be electric even after EU climbdown

Europe's Auto Industry Future May Be Electric Even After EU Climbdown

Date: December 18, 2025

By Nick Carey LONDON, Dec 18 (Reuters) - Brussels' proposal to abandon a 2035 deadline for a total shift to fully electric driving allows Europe's legacy carmakers more time to sell hybrids, but for...

Image for Stellantis says EU proposals fall short on auto industry's energy transition needs

Stellantis Says EU Proposals Fall Short on Auto Industry's Energy Transition Needs

Date: December 16, 2025

MILAN, Dec 16 (Reuters) - Stellantis said on Tuesday the European Commission's proposals to support the auto industry's energy transition failed to address key challenges, including a roadmap for...

Image for EU drops 2035 combustion engine ban as global EV shift faces reset

EU Drops 2035 Combustion Engine Ban as Global Ev Shift Faces Reset

Date: December 16, 2025

By Philip Blenkinsop STRASBOURG, Dec 16 (Reuters) - The European Commission unveiled a plan on Tuesday to drop the EU's effective ban on new combustion-engine cars from 2035 after pressure from the...

Image for Volkswagen welcomes EU move to drop combustion engine ban

Volkswagen Welcomes EU Move to Drop Combustion Engine Ban

Date: December 16, 2025

FRANKFURT, Dec 16 (Reuters) - Volkswagen, Europe's largest automaker, on Tuesday said an EU proposal to drop an effective ban on new combustion-engine cars from 2035 was "economically sound". "Opening...