Automotive industry

Image for Germany says written EU-US trade deal requires lower car duties
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

Image for Tesla almost halves UK monthly lease fee as sales slump, The Times reports
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

Image for Brazil is open for business, Lula says at Chinese factory opening
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

Image for Toyota to enter South Africa's EV market with three models in 2026
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

Image for South Africa's auto sector hit by job losses and company closures
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

Image for VW shareholder Porsche SE eyes higher defence exposure as auto sector flails
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

Image for Car shipper says US tariff haze still affecting auto trade flows
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Car shipper says US tariff haze still affecting auto trade flows

By Marie Mannes STOCKHOLM (Reuters) -Europe's car exporters are still struggling with uncertainty ov...

12th August, 2025

Image for Mercedes CEO calls for 'reality check', slamming EU combustion engine ban
Headlines

Mercedes CEO calls for 'reality check', slamming EU combustion engine ban

BERLIN (Reuters) -The CEO of Mercedes-Benz criticised the European Union's plan to ban CO2-emitting...

11th August, 2025

Image for Germany's auto association says EU-US trade deal must take effect now
Headlines

Germany's auto association says EU-US trade deal must take effect now

BERLIN (Reuters) -Germany's VDA auto association said on Thursday that the promised trade agreement...

7th August, 2025

Image for Toyota warns of $9.5 billion tariff hit, slashes annual profit forecast
Finance

Toyota warns of $9.5 billion tariff hit, slashes annual profit forecast

TOKYO (Reuters) -Toyota Motor cut its full-year operating profit forecast by 16% on Thursday, expect...

7th August, 2025

Image for Trump wants more American pick-ups in Tokyo and London. That may be a hard sell
Headlines

Trump wants more American pick-ups in Tokyo and London. That may be a hard sell

By David Dolan, Maki Shiraki and Marie Mannes TOKYO/STOCKHOLM, August 7 (Reuters) -Donald Trump is r...

7th August, 2025

Image for Trump order lowering tariffs on EU autos still days away, source says
Headlines

Trump order lowering tariffs on EU autos still days away, source says

BRUSSELS (Reuters) -The European Union will likely have to wait a few more days for an executive ord...

6th August, 2025