Automotive industry

Image for Lamborghini delays first EV launch to 2029 as market not ready
Business

Lamborghini delays first EV launch to 2029 as market not ready

SANT’AGATA BOLOGNESE, Italy (Reuters) -Italy’s Lamborghini will always make cars in Italy as it plan...

16th December, 2024

Image for Stellantis swiftly reshapes strategy under Elkann after Tavares exit
Business

Stellantis swiftly reshapes strategy under Elkann after Tavares exit

By Giulio Piovaccari and Nora Eckert MILAN/DETROIT (Reuters) – Steered by Chairman John Elkann, Stel...

16th December, 2024

Image for Analysis-China automakers pivot to hybrids for Europe to counter EV tariffs
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Analysis-China automakers pivot to hybrids for Europe to counter EV tariffs

SHANGHAI (Reuters) – Automakers in China are ramping up exports of hybrid vehicles to Europe and pla...

5th December, 2024

Image for UK new car sales dip about 2% in November, preliminary data shows
Business

UK new car sales dip about 2% in November, preliminary data shows

(Reuters) – New car registrations in Britain fell about 2% in November, according to preliminary ind...

5th December, 2024

Image for Volvo Cars reports 5% rise in November sales
Business

Volvo Cars reports 5% rise in November sales

COPENHAGEN (Reuters) -Volvo Cars’ sales rose 5% year on year in November to 66,977 vehicles, led by...

4th December, 2024

Image for Analysis-Why GM could suffer under Trump policies to ‘save’ Detroit automakers
Business

Analysis-Why GM could suffer under Trump policies to ‘save’ Detroit automakers

By Nora Eckert and Chris Kirkham (Reuters) – It might seem like U.S. President-elect Donald Trump’s...

3rd December, 2024

Image for How India says Volkswagen evaded $1.4 billion in import taxes
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How India says Volkswagen evaded $1.4 billion in import taxes

NEW DELHI (Reuters) -India has alleged Volkswagen evaded $1.4 billion in taxes by “wilfully” paying...

3rd December, 2024

Image for Factbox-How India says Volkswagen evaded $1.4 billion in import taxes
Business

Factbox-How India says Volkswagen evaded $1.4 billion in import taxes

NEW DELHI (Reuters) – India has alleged Volkswagen evaded $1.4 billion in taxes by “wilfully” paying...

2nd December, 2024

Image for Stellantis drops after CEO Tavares resigns
Business

Stellantis drops after CEO Tavares resigns

(Reuters) -Shares in Stellantis slumped as much as 8.9% on Monday, hitting their lowest in more than...

2nd December, 2024

Image for Nissan October production down globally except in Mexico, but Trump tariff threat looms
Business

Nissan October production down globally except in Mexico, but Trump tariff threat looms

TOKYO (Reuters) – Nissan Motor said on Thursday its global production fell for a fifth straight mont...

28th November, 2024

Image for UK car output drops for eighth straight month in October, data shows
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UK car output drops for eighth straight month in October, data shows

(Reuters) – British car production experienced its eighth consecutive month of decline in October, a...

28th November, 2024

Image for Stellantis to shut Vauxhall van plant in Britain
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Stellantis to shut Vauxhall van plant in Britain

LONDON (Reuters) – Stellantis plans to shut its Vauxhall van factory in southern England, putting mo...

27th November, 2024