Automotive industry

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

Image for Tariffs hit Inchcape's Asia-Pacific sales, shares drop 10%
Finance

Tariffs hit Inchcape's Asia-Pacific sales, shares drop 10%

(Reuters) -Inchcape reported a 4% drop in first-half adjusted pre-tax profit at constant currency on...

29th July, 2025

Image for European carmakers get a reality check from Trump as shares slide
Headlines

European carmakers get a reality check from Trump as shares slide

By Christina Amann and Philip Blenkinsop BRUSSELS (Reuters) -Europe's carmakers, already battling st...

28th July, 2025

Image for Audi cuts forecast over US tariffs and restructuring costs
Finance

Audi cuts forecast over US tariffs and restructuring costs

(Reuters) -Volkswagen's premium brand Audi on Monday cut its its full-year guidance, citing the impa...

28th July, 2025

Image for Renault designer Gilles Vidal moves back to Stellantis
Finance

Renault designer Gilles Vidal moves back to Stellantis

PARIS (Reuters) -Stellantis on Friday appointed Gilles Vidal, credited with overhauling Renault's li...

25th July, 2025

Image for Volkswagen CEO hopes for own tariff deal with 'attractive' investments
Headlines

Volkswagen CEO hopes for own tariff deal with 'attractive' investments

By Rachel More BERLIN (Reuters) -Europe's largest car manufacturer Volkswagen is hoping investment c...

25th July, 2025

Image for Volkswagen cuts 2025 guidance after $1.5-billion tariff hit in first half
Headlines

Volkswagen cuts 2025 guidance after $1.5-billion tariff hit in first half

By Rachel More BERLIN (Reuters) -Volkswagen on Friday gave its first assessment of how U.S. Presiden...

25th July, 2025