automotive-industry

Image for Volkswagen boss Blume looks to give up dual role as Porsche CEO, WiWo magazine reportsFinance

Volkswagen Boss Blume Looks to Give up Dual Role as Porsche Ceo, WiWo Magazine Reports

Image for EU auto groups press for change to 'no longer feasible' car CO2 emission targetsHeadlines

EU Auto Groups Press for Change to 'no Longer Feasible' Car CO2 Emission Targets

Image for EU pushes for reduced US autos tariff from August 1 as joint text limits exemptionsFinance

EU Pushes for Reduced US Autos Tariff From August 1 as Joint Text Limits Exemptions

Image for China's Xpeng expects quarterly revenue to double on strong demand for its EVsFinance

China's Xpeng Expects Quarterly Revenue to Double on Strong Demand for Its EVs

Image for Tesla starts taking orders for its new Model Y L in China from around $47,200

Tesla Starts Taking Orders for Its New Model Y L in China From Around $47,200

Date: August 19, 2025

BEIJING (Reuters) -Tesla Inc has launched its Model Y L in China with a starting price of 339,000 yuan ($47,184), according to its post on Chinese social media platform Weibo. The Model Y L is a six-...

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

Germany Says Written EU-US Trade Deal Requires Lower Car Duties

Date: August 18, 2025

(Reuters) -Germany said on Monday that the United States would have to follow through on agreed lower tariffs on Europe-made cars before a wider agreement on trade can be finalised in writing. "In...

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

Tesla Almost Halves UK Monthly Lease Fee as Sales Slump, the Times Reports

Date: August 18, 2025

(Reuters) -British motorists can now lease a Tesla electric vehicle for just over half of what they would have paid a year ago, The Times reported on Monday, citing industry sources. Tesla has been...

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

Brazil Is Open for Business, Lula Says at Chinese Factory Opening

Date: August 15, 2025

SAO PAULO (Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Friday that foreign companies that want to do business in Brazil are welcome, speaking at the opening ceremony for a factory...

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

Toyota to Enter South Africa's Ev Market With Three Models in 2026

Date: August 14, 2025

By Nqobile Dludla GQEBERHA, South Africa (Reuters) -Toyota plans to introduce three fully-electric models in South Africa in 2026, a senior executive said on Thursday, entering a nascent EV market...

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

South Africa's Auto Sector Hit by Job Losses and Company Closures

Date: August 13, 2025

By Nqobile Dludla GQEBERHA, South Africa (Reuters) -Low domestic sales of locally made cars, an influx of imports and low levels of local content have led to 12 company closures and over 4,000 job...