Finance
Japan's Mitsubishi Motors cuts full-year operating profit forecast by 30%
TOKYO (Reuters) -Japanese automaker Mitsubishi Motors cut on Wednesday its forecast for the current...
27th August, 2025
Automotive industry
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Finance
Volkswagen boss Blume looks to give up dual role as Porsche CEO, WiWo magazine reports
BERLIN (Reuters) -Oliver Blume is looking to step down from his CEO position at Porsche AG to focus...
27th August, 2025
Headlines
EU auto groups press for change to 'no longer feasible' car CO2 emission targets
BRUSSELS (Reuters) -European Union targets to cut CO2 emissions from vehicles, including a 100% redu...
27th August, 2025
Finance
EU pushes for reduced US autos tariff from August 1 as joint text limits exemptions
By Andrea Shalal and David Lawder WASHINGTON (Reuters) -The United States and the European Union on...
21st August, 2025
Finance
China's Xpeng expects quarterly revenue to double on strong demand for its EVs
(Reuters) -Chinese electric vehicle maker Xpeng on Tuesday forecast third-quarter revenue would doub...
19th August, 2025
Headlines
Tesla starts taking orders for its new Model Y L in China from around $47,200
BEIJING (Reuters) -Tesla Inc has launched its Model Y L in China with a starting price of 339,000 yu...
19th August, 2025
Headlines
Germany says written EU-US trade deal requires lower car duties
(Reuters) -Germany said on Monday that the United States would have to follow through on agreed lowe...
18th August, 2025
Headlines
Tesla almost halves UK monthly lease fee as sales slump, The Times reports
(Reuters) -British motorists can now lease a Tesla electric vehicle for just over half of what they...
18th August, 2025
Headlines
Brazil is open for business, Lula says at Chinese factory opening
SAO PAULO (Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Friday that foreign compa...
15th August, 2025
Headlines
Toyota to enter South Africa's EV market with three models in 2026
By Nqobile Dludla GQEBERHA, South Africa (Reuters) -Toyota plans to introduce three fully-electric m...
14th August, 2025
Headlines
South Africa's auto sector hit by job losses and company closures
By Nqobile Dludla GQEBERHA, South Africa (Reuters) -Low domestic sales of locally made cars, an infl...
13th August, 2025
Finance
VW shareholder Porsche SE eyes higher defence exposure as auto sector flails
By Amir Orusov (Reuters) -Holding company Porsche SE, Volkswagen's largest shareholder, cut its full...
13th August, 2025