automotive-industry

Image for French industry minister committed to 2035 fossil-fuel car regulations, but open to softening themHeadlines

French Industry Minister Committed to 2035 Fossil-Fuel Car Regulations, but Open to Softening Them

Image for Stellantis 'fine for June' on rare earth supplies, top manager saysFinance

Stellantis 'fine for June' on Rare Earth Supplies, Top Manager Says

Image for Stellantis’ Elkann urges adoption of smaller, cheaper, Japanese-style ‘kei’ carsFinance

Stellantis’ Elkann Urges Adoption of Smaller, Cheaper, Japanese-Style ‘kei’ Cars

Image for Polestar restarts market expansion with FranceHeadlines

Polestar Restarts Market Expansion With France

Image for Auto companies 'in full panic' over rare-earths bottleneck

Auto Companies 'in Full Panic' Over Rare-Earths Bottleneck

Date: June 9, 2025

By Christina Amann, Nick Carey and Kalea Hall BERLIN/LONDON/DETROIT (Reuters) -Frank Eckard, CEO of a German magnet maker, has been fielding a flood of calls in recent weeks. Exasperated automakers...

Image for Geely chairman says global auto industry faces 'serious overcapacity'

Geely Chairman Says Global Auto Industry Faces 'serious Overcapacity'

Date: June 7, 2025

SHANGHAI (Reuters) -Geely's chairman and founder Li Shufu said on Saturday that the global automotive industry was facing "serious overcapacity" and that the Chinese automaker had decided not to build...

Image for Porsche not planning to shift final assembly of cars to US

Porsche Not Planning to Shift Final Assembly of Cars to US

Date: June 6, 2025

(Reuters) - Porsche is considering shifting certain parts of its model assembly to the U.S. to mitigate the impact President Donald Trump's tariffs on imported vehicles, Bloomberg News reported on...

Image for Stellantis, Ferrari workers in Italy agree salary increases over 2025-2026 period

Stellantis, Ferrari Workers in Italy Agree Salary Increases Over 2025-2026 Period

Date: June 6, 2025

MILAN (Reuters) -Italy's largest automotive groups, led by Stellantis, and unions on Friday signed an agreement for an overall 6.6% salary increase over the 2025-2026 period for their workers in Italy...

Image for France's Dassault Systemes delays earnings target timeline until 2029

France's Dassault Systemes Delays Earnings Target Timeline Until 2029

Date: June 6, 2025

By Anna Peverieri (Reuters) -French software company Dassault Systemes extended the target period of its medium-term earnings per share (EPS) forecast by one year on Friday, at a time when weak auto...

Image for Germany's Merz eyes car tariff offsetting mechanism after Trump talks

Germany's Merz Eyes Car Tariff Offsetting Mechanism After Trump Talks

Date: June 6, 2025

BERLIN (Reuters) -German Chancellor Friedrich Merz said on Friday that he would pursue a deal under which U.S. cars could be imported into Europe duty free in exchange for tariff waivers on the same...