Automotive industry

Image for EU plans law to give car services groups access to vehicle data
Finance

EU plans law to give car services groups access to vehicle data

By Foo Yun Chee BRUSSELS (Reuters) - The European Commission aims to propose draft legislation this...

4th March, 2025

Image for Automakers warn that Trump tariffs will hike vehicle prices as much as 25%
Headlines

Automakers warn that Trump tariffs will hike vehicle prices as much as 25%

(Reuters) - A trade group representing nearly all major automakers warned on Tuesday that new 25% ta...

4th March, 2025

Image for European auto stocks sink as U.S. tariffs on Mexico, Canada kick in
Headlines

European auto stocks sink as U.S. tariffs on Mexico, Canada kick in

FRANKFURT (Reuters) - Shares in European carmakers and automotive suppliers fell sharply on Tuesday,...

4th March, 2025

Image for Volvo Cars total sales rise 1% in February, EV sales fall
Finance

Volvo Cars total sales rise 1% in February, EV sales fall

COPENHAGEN (Reuters) -Volvo Cars sold 50,662 cars in February, up 1% from a year earlier, the Sweden...

4th March, 2025

Image for European shares log worst day in over six months after Trump's tariffs materialize
Finance

European shares log worst day in over six months after Trump's tariffs materialize

(Reuters) - European shares joined a global market selloff on Tuesday after U.S. tariffs on Canada,...

4th March, 2025

Image for Continental shares tumble on bleak 2025 autos outlook
Finance

Continental shares tumble on bleak 2025 autos outlook

(Reuters) - German car parts and tire maker Continental reported 2024 earnings in line with expectat...

4th March, 2025

Image for Ford's total February sales fall 9%
Finance

Ford's total February sales fall 9%

(Reuters) -Ford Motor Co on Monday reported an about 9% drop in its auto sales for February. Automak...

3rd March, 2025

Image for BYD considers third plant in Europe, to decide in next two years, Automobilwoche reports
Headlines

BYD considers third plant in Europe, to decide in next two years, Automobilwoche reports

(Reuters) - Chinese EV giant BYD is considering building a third plant in Europe and will decide in...

3rd March, 2025

Image for EU seeks to grant automakers 'breathing space' on CO2 emission targets
Headlines

EU seeks to grant automakers 'breathing space' on CO2 emission targets

BRUSSELS (Reuters) - The European Commission will propose revising planned fines for automakers whos...

3rd March, 2025

Image for Factbox-Which car companies are in firing line of Trump's tariffs on Mexico, Canada?
Headlines

Factbox-Which car companies are in firing line of Trump's tariffs on Mexico, Canada?

(Reuters) - The United States' proposed tariffs on Canada and Mexico will take effect on Tuesday, bu...

3rd March, 2025

Image for EU to propose push to boost EV demand, require more local batteries
Headlines

EU to propose push to boost EV demand, require more local batteries

(Refiles to remove garble in paragraph 2) BRUSSELS (Reuters) - The European Commission will present...

28th February, 2025

Image for Sweden's Autoliv sells Russian business to buyer of former Mercedes-Benz plant
Finance

Sweden's Autoliv sells Russian business to buyer of former Mercedes-Benz plant

(Reuters) - Swedish auto supplier Autoliv has sold its Russian business to local automotive group Av...

28th February, 2025