Automotive industry

Image for EU kicks off auto support plan as carmakers blast fines
Headlines

EU kicks off auto support plan as carmakers blast fines

By Philip Blenkinsop BRUSSELS (Reuters) - European Commission chief Ursula von der Leyen hosts auto...

30th January, 2025

Image for UK vehicle output ends 2024 below one million units, industry data shows
Finance

UK vehicle output ends 2024 below one million units, industry data shows

(Reuters) - Britain's vehicle production dropped nearly 12% to below one million units in 2024, data...

30th January, 2025

Image for Tesla commits to cheaper cars in first half, sees autonomous vehicles 'in the wild' in June
Finance

Tesla commits to cheaper cars in first half, sees autonomous vehicles 'in the wild' in June

By Abhirup Roy and Akash Sriram (Reuters) -Tesla said it was on track to roll out new, cheaper elect...

29th January, 2025

Image for Renault seeking to maximize value of Nissan shares in Honda merger, says source
Finance

Renault seeking to maximize value of Nissan shares in Honda merger, says source

PARIS (Reuters) - Renault executives travelled to Japan this week to meet counterparts at Nissan in...

29th January, 2025

Image for Carmaker Stellantis buys full control of Punch Powertrain venture
Headlines

Carmaker Stellantis buys full control of Punch Powertrain venture

PARIS (Reuters) - Carmaker Stellantis, brands of which include Fiat, Peugeot and Vauxhall, said it h...

29th January, 2025

Image for Volkswagen considers US production sites for Audi, Porsche brands, Handelsblatt reports
Finance

Volkswagen considers US production sites for Audi, Porsche brands, Handelsblatt reports

FRANKFURT (Reuters) - German carmaker Volkswagen is considering setting up production sites in the U...

29th January, 2025

Image for American Axle to buy GKN automotive owner Dowlais in $1.4 billion deal
Finance

American Axle to buy GKN automotive owner Dowlais in $1.4 billion deal

(Reuters) - British automotive parts supplier Dowlais said on Wednesday that it would be acquired by...

29th January, 2025

Image for Volkswagen considers US production sites for Audi, Porsche brands, Handelsblatt reports
Finance

Volkswagen considers US production sites for Audi, Porsche brands, Handelsblatt reports

FRANKFURT (Reuters) - German carmaker Volkswagen is considering setting up production sites in the U...

29th January, 2025

Image for BMW CEO proposes cutting EU tariff on US vehicle imports to 2.5%
Headlines

BMW CEO proposes cutting EU tariff on US vehicle imports to 2.5%

BERLIN (Reuters) - BMW will propose this week that the European Union lower its tariff on U.S. car i...

28th January, 2025

Image for GM results aren't enough for investors, shares skid 9% on tariff worries
Finance

GM results aren't enough for investors, shares skid 9% on tariff worries

By Kalea Hall DETROIT (Reuters) - General Motors on Tuesday posted fourth-quarter 2024 results and a...

28th January, 2025

Image for Volkswagen India faced customs clearance delays over alleged tax evasion case, sources say
Headlines

Volkswagen India faced customs clearance delays over alleged tax evasion case, sources say

By Aditi Shah and Nikunj Ohri NEW DELHI (Reuters) - Some air shipments of car components by Volkswag...

28th January, 2025

Image for VW CEO says talking to Chinese partners about their Europe expansion plans
Finance

VW CEO says talking to Chinese partners about their Europe expansion plans

BERLIN (Reuters) - Volkswagen and its Chinese partners have discussed the possibility of them invest...

28th January, 2025