automotive-industry

Image for Tesla registrations in Sweden tumble 84% in AugustFinance

Tesla Registrations in Sweden Tumble 84% in August

Image for Washington must swiftly cut auto tariffs after EU paves way, German car lobby saysFinance

Washington Must Swiftly Cut Auto Tariffs After EU Paves Way, German Car Lobby Says

Image for EU to scrap tariffs on US goods to pave way for lower car dutiesHeadlines

EU to Scrap Tariffs on US Goods to Pave Way for Lower Car Duties

Image for Stellantis extends reduced hours scheme at historic Italian Turin plantHeadlines

Stellantis Extends Reduced Hours Scheme at Historic Italian Turin Plant

Image for Car maker Lotus to cut 550 jobs in UK amid global auto uncertainties

Car Maker Lotus to Cut 550 Jobs in UK Amid Global Auto Uncertainties

Date: August 28, 2025

(Reuters) -Britain-based sportscar company Lotus said on Thursday it plans to reduce up to 550 roles across its business, months after denying reports of closure of a factory in eastern England. The...

Image for BMW CEO says 'can't afford mistakes' ahead of fully electric launch

Bmw CEO Says 'can't Afford Mistakes' Ahead of Fully Electric Launch

Date: August 28, 2025

BERLIN (Reuters) -BMW chief executive Oliver Zipse expects a reordering of the car industry in the coming years, warning in an interview on Thursday that the sector cannot afford mistakes, as the...

Image for UK car production rises for second consecutive month in July

UK Car Production Rises for Second Consecutive Month in July

Date: August 28, 2025

(Reuters) -Britain's car production grew for the second month in a row in July but overall vehicle output fell, hurt by a slump in commercial vehicle manufacturing, data from the Society of Motor...

Image for Europe’s July car sales rise most since April 2024, BYD ahead of Tesla

Europe’s July Car Sales Rise Most Since April 2024, Byd Ahead of Tesla

Date: August 28, 2025

By Alessandro Parodi (Reuters) -New car sales in Europe rose 5.9% in July as a jump in Germany outweighed drops in Britain, France and Italy, European Automobile Manufacturers Association data showed...

Image for Porsche begins CEO search likely to end dual VW role, source says

Porsche Begins CEO Search Likely to End Dual Vw Role, Source Says

Date: August 27, 2025

By Christina Amann BERLIN (Reuters) -Porsche has launched the search for a successor for CEO Oliver Blume, who will give up the position to focus on his role as head of parent company Volkswagen,...

Image for Japan's Mitsubishi Motors cuts full-year operating profit forecast by 30%

Japan's Mitsubishi Motors Cuts Full-Year Operating Profit Forecast by 30%

Date: August 27, 2025

TOKYO (Reuters) -Japanese automaker Mitsubishi Motors cut on Wednesday its forecast for the current fiscal year's operating profit by 30% due to the negative impact from U.S. tariffs, lower expected...