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Automotive industry

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Image for BMW sees earnings hit from US tariffs as EU warns against escalation
Headlines

BMW sees earnings hit from US tariffs as EU warns against escalation

FRANKFURT (Reuters) - German carmaker BMW said on Friday it expected tariffs to cost it 1 billion eu...

14th March, 2025

Image for Mercedes-Benz names Jason Hoff to newly created position of North America CEO
Finance

Mercedes-Benz names Jason Hoff to newly created position of North America CEO

(Reuters) - Mercedes-Benz said on Tuesday it has appointed Jason Hoff to the newly created role of N...

12th March, 2025

Image for Stellantis' Maserati brand cancels plans for electric sports car
Finance

Stellantis' Maserati brand cancels plans for electric sports car

MILAN (Reuters) - Stellantis-owned Maserati has cancelled plans for an electric version of its MC20...

11th March, 2025

Image for Exclusive-Mercedes to develop smart cars for global markets with China's Hesai lidar
Finance

Exclusive-Mercedes to develop smart cars for global markets with China's Hesai lidar

SHANGHAI (Reuters) - Mercedes-Benz will develop smart driving cars for global markets equipped with...

11th March, 2025

Image for Embattled Nissan picks chief planning officer Espinosa to succeed CEO Uchida
Finance

Embattled Nissan picks chief planning officer Espinosa to succeed CEO Uchida

YOKOHAMA, Japan (Reuters) - Nissan on Tuesday named chief planning officer Ivan Espinosa to take the...

11th March, 2025

Image for VW says new entry-level electric car to be built in Portugal
Headlines

VW says new entry-level electric car to be built in Portugal

BERLIN (Reuters) - Volkswagen will build its 20,000-euro ($21,636.00) electric car launching in Euro...

10th March, 2025

Image for Factbox-Who could be the next Nissan CEO after Uchida?
Finance

Factbox-Who could be the next Nissan CEO after Uchida?

(Reuters) - Nissan CEO Makoto Uchida is under deepening pressure over the Japanese automaker's weake...

7th March, 2025

Image for VW may avoid 25% Trump tariff, but BMW and others face trade levy
Headlines

VW may avoid 25% Trump tariff, but BMW and others face trade levy

By Nora Eckert and Victoria Waldersee DETROIT (Reuters) -Volkswagen said Thursday that its vehicles...

6th March, 2025

Image for Leonardo CEO denies talks with automakers on military production
Headlines

Leonardo CEO denies talks with automakers on military production

ROME (Reuters) - Italy's Leonardo is not talking to automotive producers, such as Stellantis, about...

6th March, 2025

Image for European auto stocks jump on Trump tariff pause as Stellantis pledges 'more American cars'
Finance

European auto stocks jump on Trump tariff pause as Stellantis pledges 'more American cars'

MILAN (Reuters) - Automaker Stellantis said on Thursday it shared U.S. President Donald Trump's goal...

6th March, 2025

Image for Volkswagen's entry-level electric car targeted at Europe, brand chief says
Headlines

Volkswagen's entry-level electric car targeted at Europe, brand chief says

DUESSELDORF (Reuters) - Volkswagen will focus the sales strategy for its 20,000-euro ($21,580.00) el...

6th March, 2025

Image for Russian monthly car sales fall in February for first time in almost two years
Headlines

Russian monthly car sales fall in February for first time in almost two years

(Reuters) - Sales of new passenger cars in Russia plummeted by 24.9% year-on-year in February, marki...

6th March, 2025