Automotive industry

Image for UK new car sales recover in May as EV discounts attract buyers, SMMT data shows
Finance

UK new car sales recover in May as EV discounts attract buyers, SMMT data shows

(Reuters) -Britain's new car sales rose from a year earlier in May, marking the second month of reco...

5th June, 2025

Image for US auto suppliers say immediate action needed on China rare earths restrictions
Headlines

US auto suppliers say immediate action needed on China rare earths restrictions

WASHINGTON (Reuters) - A group representing auto suppliers in the United States called on Wednesday...

5th June, 2025

Image for Mercedes-Benz: in talks with suppliers over rare earth 'buffers'
Finance

Mercedes-Benz: in talks with suppliers over rare earth 'buffers'

By Christoph Steitz RASTATT, Germany (Reuters) -Mercedes-Benz is talking to its top suppliers about...

4th June, 2025

Image for Autoliv works to prevent disruptions from China rare earths
Headlines

Autoliv works to prevent disruptions from China rare earths

STOCKHOLM (Reuters) - The CEO of Autoliv, the world's biggest maker of airbags and seatbelts, said o...

4th June, 2025

Image for China's rare earth export curbs hit the auto industry worldwide
Headlines

China's rare earth export curbs hit the auto industry worldwide

BERLIN (Reuters) -Several European auto supplier plants and production lines have been shut down due...

4th June, 2025

Image for Volvo Cars sales fall 12% in May
Headlines

Volvo Cars sales fall 12% in May

COPENHAGEN (Reuters) -Volvo Cars sold 59,822 cars in May, down 12% from a year earlier, the Sweden-b...

4th June, 2025

Image for Tesla's UK car sales drop over 45% in May, New AutoMotive early data shows
Headlines

Tesla's UK car sales drop over 45% in May, New AutoMotive early data shows

(Reuters) -Tesla's new car sales in Britain tumbled more than 45% from a year earlier in May, prelim...

3rd June, 2025

Image for Exclusive-Germany lobby group says China's rare earth curbs could halt auto output
Headlines

Exclusive-Germany lobby group says China's rare earth curbs could halt auto output

By Victoria Waldersee BERLIN (Reuters) -China's export restrictions on rare earths that are widely u...

3rd June, 2025

Image for Italy's new car market was flat in May
Finance

Italy's new car market was flat in May

ROME (Reuters) -Italy's market for new cars was flat in May, with sales down only marginally by 0.16...

3rd June, 2025

Image for Exclusive-China's rare earth export curbs risk halting German car production, lobby group warns
Headlines

Exclusive-China's rare earth export curbs risk halting German car production, lobby group warns

By Victoria Waldersee BERLIN (Reuters) -Germany's auto lobby warned on Tuesday that export restricti...

3rd June, 2025

Image for VW's Wolfsburg plant may move to four-day week from 2027, works council says
Headlines

VW's Wolfsburg plant may move to four-day week from 2027, works council says

BERLIN (Reuters) -Volkswagen's plan to cut 35,000 jobs in Germany by 2030 is on track, with over 20,...

3rd June, 2025

Image for Mood darkens further in German auto sector under strain of tariffs
Headlines

Mood darkens further in German auto sector under strain of tariffs

BERLIN (Reuters) -Sentiment in the German automotive industry deteriorated further in May, the Ifo i...

3rd June, 2025