Automotive industry

Image for Mercedes-Benz expects higher margin on car division in fourth quarter, analysts say
Finance

Mercedes-Benz expects higher margin on car division in fourth quarter, analysts say

(Reuters) - Mercedes-Benz told investors on Monday it expected the adjusted margin of its passenger...

27th January, 2025

Image for JLR to invest $80 million to meet demand for custom luxury car colours
Finance

JLR to invest $80 million to meet demand for custom luxury car colours

(Reuters) - Jaguar Land Rover (JLR) will invest 65 million pounds ($80.71 million) to expand its lux...

27th January, 2025

Image for Global companies likely to be affected by Trump's promised tariffs
Finance

Global companies likely to be affected by Trump's promised tariffs

(Reuters) -U.S. President Trump said he could impose 25% tariffs on Canada and Mexico from Feb. 1, s...

25th January, 2025

Image for Hyundai Motor forecasts slowing revenue growth in 2025 after Q4 miss
Finance

Hyundai Motor forecasts slowing revenue growth in 2025 after Q4 miss

SEOUL (Reuters) -South Korea's Hyundai Motor expected on Thursday its 2025 sales growth would halve...

23rd January, 2025

Image for Stellantis says well positioned to adapt to Trump's policy changes
Finance

Stellantis says well positioned to adapt to Trump's policy changes

MILAN (Reuters) - Stellantis is well positioned to adapt to policy changes announced by Donald Trump...

21st January, 2025

Image for Volkswagen looks forward to working with U.S. gov't amid tariff concerns, spokesperson says
Finance

Volkswagen looks forward to working with U.S. gov't amid tariff concerns, spokesperson says

BERLIN (Reuters) - Volkswagen is looking forward to working with the new U.S. administration, the Ge...

21st January, 2025

Image for European car sales up 0.9% in 2024, Renault overtakes Stellantis in Dec, ACEA says
Finance

European car sales up 0.9% in 2024, Renault overtakes Stellantis in Dec, ACEA says

By Alessandro Parodi (Reuters) - New car sales in Europe were up by 0.9% in 2024, led by double-digi...

21st January, 2025

Image for Factbox-Global companies likely to be affected by Trump's promised tariffs
Finance

Factbox-Global companies likely to be affected by Trump's promised tariffs

(Reuters) - U.S. President Trump said he could impose 25% tariffs on Canada and Mexico from Feb. 1,...

21st January, 2025

Image for Asian car and battery makers hit as Trump gets to work
Finance

Asian car and battery makers hit as Trump gets to work

TOKYO/SEOUL (Reuters) - Shares of Japanese automakers and South Korean battery makers were hit on Tu...

21st January, 2025

Image for EU to host auto sector talks to tackle waning competitiveness
Finance

EU to host auto sector talks to tackle waning competitiveness

BRUSSELS (Reuters) - The European Commission will host European automakers, suppliers and trade unio...

20th January, 2025

Image for Renault low-cost brand will add more electric vehicles in the future
Finance

Renault low-cost brand will add more electric vehicles in the future

PARIS (Reuters) - Renault's low-cost brand Dacia will add more electric vehicles in the future, star...

16th January, 2025

Image for Car plants in Europe, N. America face closures in 2025, Gartner says in report
Finance

Car plants in Europe, N. America face closures in 2025, Gartner says in report

(Reuters) - Several European and North American car factories are at risk of being closed or sold th...

16th January, 2025