automotive-industry
FinanceVw Shareholder Porsche Se Eyes Higher Defence Exposure as Auto Sector Flails
Car Shipper Says US Tariff Haze Still Affecting Auto Trade Flows
Mercedes CEO Calls for 'reality Check', Slamming EU Combustion Engine Ban
Germany's Auto Association Says EU-US Trade Deal Must Take Effect Now
Toyota Warns of $9.5 Billion Tariff Hit, Slashes Annual Profit Forecast
Date: August 7, 2025
TOKYO (Reuters) -Toyota Motor cut its full-year operating profit forecast by 16% on Thursday, expecting a nearly $10 billion hit from U.S. tariffs on imported cars and grappling with higher material...
Trump Wants More American Pick-Ups in Tokyo and London. That May Be a Hard Sell
Date: August 7, 2025
By David Dolan, Maki Shiraki and Marie Mannes TOKYO/STOCKHOLM, August 7 (Reuters) -Donald Trump is right that Japan and Europe buy few American-made cars - but it has little to do with trade barriers....
Trump Order Lowering Tariffs on EU Autos Still Days Away, Source Says
Date: August 6, 2025
BRUSSELS (Reuters) -The European Union will likely have to wait a few more days for an executive order by U.S. President Donald Trump lowering tariffs on imports of European cars and car parts, a...
Castrol India's Second-Quarter Profit Rises on Higher Demand
Date: August 5, 2025
(Reuters) -Castrol India reported a 5.1% rise in second-quarter profit on Tuesday, fuelled by steady demand for its automobile and industrial lubrication products. The engine oil and industrial...
Russia's New Car Sales Decline Slows in July, Autostat Says
Date: August 5, 2025
(Reuters) -The decline in sales of new passenger cars in Russia slowed in July, Russian analytical agency Autostat said on Tuesday, with the first signs of recovery on show as some consumers took...
Toyota, Honda Brace for Profit Falls as US Tariffs, Strong Yen Weigh
Date: August 5, 2025
By Daniel Leussink TOKYO (Reuters) -Toyota Motor and Honda Motor are expected to report weaker first-quarter earnings this week, as U.S. import tariffs and a stronger yen weigh on profits despite...