automotive-industry
Explainer-European Carmakers Hope for Reprieve on 2035 Combustion Engine Ban
Volkswagen Plans to Export Chinese-Made Cars to More Overseas Markets but Rules Out Europe
Carmakers, Rental and Leasing Firms Urge EU to Avoid Mandatory Ev Fleet Targets
EU Could Delay Auto Package as Pressure Mounts on 2035 Target, Newspaper Reports
Trump's U-Turn on Fuel Economy Rules Lifts European Carmakers' Shares
Date: December 8, 2025
Dec 4 (Reuters) - Shares of European carmakers jumped between 2.5% and 5% in early Thursday trading after U.S. President Donald Trump proposed slashing fuel economy standards finalised by his...
Tesla Launches Low-Cost Model 3 Variant in Europe
Date: December 8, 2025
By Marie Mannes STOCKHOLM, Dec 5 (Reuters) - Tesla launched the new, lower-priced version of its Model 3 car in Europe on Friday, two months after its U.S. debut, aiming to boost sales as competition...
Six Member States Push EU to Water Down 2035 Ban on Internal Combustion Engine Cars
Date: December 8, 2025
BRUSSELS, Dec 5 (Reuters) - Six European Union countries have on Friday asked the European Commission to water down an effective ban on the sale of internal combustion engine cars slated for 2035...
Volkswagen to Invest $186 Billion Through 2030, CEO Says
Date: December 8, 2025
FRANKFURT, Dec 6 (Reuters) - Volkswagen Group plans to invest 160 billion euros ($186 billion) through 2030, its CEO Oliver Blume said, reflecting belt-tightening as Europe's top automaker faces a...
EU Could Announce Package to Support Auto Industry on December 16, Industry Source Says
Date: December 8, 2025
FRANKFURT, Dec 7 (Reuters) - The European Commission could announce a package to support the local automotive sector, including a possible watered down version of its 2035 combustion engine phase-out,...
Lg Energy Solution Wins $1.4 Billion Order to Supply Mercedes-Benz Ev Batteries
Date: December 8, 2025
SEOUL, Dec 8 (Reuters) - South Korea's LG Energy Solution said in a regulatory filing on Monday it won a $1.4 billion order from Mercedes-Benz to supply electric vehicle batteries. The order will run...