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Automotive industry

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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

Image for STMicro to buy part of NXP Semiconductors' sensor business for up to $950 million
Finance

STMicro to buy part of NXP Semiconductors' sensor business for up to $950 million

(Reuters) -French-Italian chipmaker STMicroelectronics said on Thursday it would acquire part of NXP...

25th July, 2025

Image for Valeo cuts 2025 sales outlook, sees 750 million euros impact from weak dollar
Finance

Valeo cuts 2025 sales outlook, sees 750 million euros impact from weak dollar

By Alessandro Parodi (Reuters) -French car parts supplier Valeo cut its 2025 sales outlook on Thursd...

24th July, 2025

Image for UK auto production to drop 15% in 2025, recovery expected in 2026, SMMT data shows
Finance

UK auto production to drop 15% in 2025, recovery expected in 2026, SMMT data shows

(Reuters) -Britain's new vehicle production is expected to decline by 15% in 2025, weighed down by g...

24th July, 2025

Image for European car sales slump in June as automakers' woes deepen
Headlines

European car sales slump in June as automakers' woes deepen

(Reuters) -New car sales in Europe fell more than 5% in June, the European Automobile Manufacturers...

24th July, 2025

Image for Japan trade deal sparks hope for US investors, frustration for automakers
Headlines

Japan trade deal sparks hope for US investors, frustration for automakers

By Nora Eckert and David Shepardson DETROIT (Reuters) -Shares of General Motors, Ford Motor, and Jee...

23rd July, 2025

Image for Chinese automakers gain ground in contracting European market, data shows
Finance

Chinese automakers gain ground in contracting European market, data shows

By Amir Orusov (Reuters) -Car registrations across Europe declined in June, with a 4.4% year-on-year...

23rd July, 2025