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Automotive industry

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Image for UK Export Finance guarantees 1 billion pound loan to Ford UK
Headlines

UK Export Finance guarantees 1 billion pound loan to Ford UK

LONDON (Reuters) -A British government agency is providing a 1 billion pound export development guar...

31st July, 2025

Image for Aptiv forecasts better-than-expected 2025 profit despite auto tariffs hit
Finance

Aptiv forecasts better-than-expected 2025 profit despite auto tariffs hit

(Reuters) -Aptiv PLC forecast a bigger-than-expected annual adjusted profit on Thursday, banking on...

31st July, 2025

Image for Ferrari has scope to trim US premium after EU tariff deal
Headlines

Ferrari has scope to trim US premium after EU tariff deal

MILAN (Reuters) -Luxury sports-car maker Ferrari said on Thursday its core earnings rose 6% in the s...

31st July, 2025

Image for German auto supplier ZF ramps up restructuring with possible layoffs
Finance

German auto supplier ZF ramps up restructuring with possible layoffs

(Reuters) -Germany's second-largest automotive supplier ZF Friedrichshafen said on Thursday it is in...

31st July, 2025

Image for BMW sticks with guidance despite profit drop, Trump tariffs
Finance

BMW sticks with guidance despite profit drop, Trump tariffs

BERLIN (Reuters) -German carmaker BMW maintained its full-year guidance on Thursday, holding strong...

31st July, 2025

Image for Renault taps insider Provost as new CEO to keep growth strategy on track
Headlines

Renault taps insider Provost as new CEO to keep growth strategy on track

PARIS (Reuters) -Renault named Francois Provost, its chief procurement officer, as CEO on Wednesday,...

30th July, 2025

Image for Mercedes-Benz to cut EV prices in the US, pause some deliveries as demand falters
Finance

Mercedes-Benz to cut EV prices in the US, pause some deliveries as demand falters

By Alessandro Parodi and Amir Orusov (Reuters) -Mercedes-Benz will pause deliveries of its EQ electr...

30th July, 2025

Image for Aston Martin warns on profit as US tariffs, stagnant Chinese demand bite
Finance

Aston Martin warns on profit as US tariffs, stagnant Chinese demand bite

(Reuters) -Luxury carmaker Aston Martin lowered its profit view on Wednesday due to "evolving and di...

30th July, 2025

Image for Porsche, Aston Martin hike US prices as hopes for tariff sweeteners fade
Finance

Porsche, Aston Martin hike US prices as hopes for tariff sweeteners fade

(Corrects headline to say million, not billion; no changes to text) By Amir Orusov and Alessandro Pa...

30th July, 2025

Image for Motor racing-Revolut to become title partner of Audi F1 team
Headlines

Motor racing-Revolut to become title partner of Audi F1 team

By Alan Baldwin LONDON (Reuters) -British financial technology giant Revolut will become title partn...

30th July, 2025

Image for Porsche trims outlook in 'storm' of US tariff woes and China slump
Headlines

Porsche trims outlook in 'storm' of US tariff woes and China slump

BERLIN (Reuters) -Volkswagen's embattled luxury brand Porsche cut its full-year profitability target...

30th July, 2025

Image for Brake maker Brembo posts 14% profit drop, shares fall
Finance

Brake maker Brembo posts 14% profit drop, shares fall

(Reuters) -Italian brake maker Brembo on Tuesday posted a 14.4% drop in its first-half core profit (...

29th July, 2025