Automotive industry

Image for Exclusive-In high-wage Germany, VW’s labour costs outstrip the competition
Business

Exclusive-In high-wage Germany, VW’s labour costs outstrip the competition

By Victoria Waldersee and Christoph Steitz BERLIN/FRANKFURT (Reuters) – As Volkswagen and unions gea...

20th November, 2024

Image for Volkswagen appoints former Rivian executive as head of American business
Business

Volkswagen appoints former Rivian executive as head of American business

By Nora Eckert DETROIT (Reuters) -Volkswagen appointed former Rivian executive Kjell Gruner as head...

20th November, 2024

Image for Stellantis unveils technology to support flexible EV and hybrid auto production
Technology

Stellantis unveils technology to support flexible EV and hybrid auto production

By Nora Eckert DETROIT (Reuters) -Stellantis said on Tuesday it will deploy a new vehicle system tha...

19th November, 2024

Image for Central Europe to feel impact of any US tariff hit to Germany
Finance

Central Europe to feel impact of any US tariff hit to Germany

By Gergely Szakacs BUDAPEST (Reuters) – If U.S. President-elect Donald Trump delivers on a pledge to...

14th November, 2024

Image for Porsche SE earnings down a third as German carmakers struggle
Investing

Porsche SE earnings down a third as German carmakers struggle

(Reuters) – Porsche SE’s earnings after tax fell a third, to 2.5 billion euros ($2.65 billion), in t...

13th November, 2024

Image for Volkswagen investment chief steps down from Northvolt board
Investing

Volkswagen investment chief steps down from Northvolt board

STOCKHOLM (Reuters) -The head of investments at German auto maker Volkswagen is leaving the board of...

12th November, 2024

Image for Stellantis, partner Leapmotor scrap plan to make second EV model in Poland, sources say
Business

Stellantis, partner Leapmotor scrap plan to make second EV model in Poland, sources say

SHANGHAI (Reuters) -Stellantis and its Chinese partner Leapmotor have scrapped a plan to make a seco...

11th November, 2024

Image for Exclusive-Stellantis, partner Leapmotor scrap plan to make second EV model in Poland, sources say
Business

Exclusive-Stellantis, partner Leapmotor scrap plan to make second EV model in Poland, sources say

SHANGHAI (Reuters) – Stellantis and its Chinese partner Leapmotor have scrapped a plan to make a sec...

9th November, 2024

Image for Italy’s Brembo still ready for M&A after Ohlins deal
Business

Italy’s Brembo still ready for M&A after Ohlins deal

(Reuters) -Brembo’s acquisition of suspension technology manufacturer Ohlins Racing, its biggest eve...

8th November, 2024

Image for Volkswagen to recall over 114,000 US vehicles over airbag concern, NHTSA says
Business

Volkswagen to recall over 114,000 US vehicles over airbag concern, NHTSA says

(Reuters) -Volkswagen will recall 114,478 vehicles in the United States on concerns over the driver-...

8th November, 2024

Image for Audi unveils new EV brand in China without four ring logo
Business

Audi unveils new EV brand in China without four ring logo

By Brenda Goh SHANGHAI (Reuters) – Audi on Thursday unveiled a new electric vehicle brand in China w...

8th November, 2024

Image for Umicore to pause construction of battery materials plant in Canada
Business

Umicore to pause construction of battery materials plant in Canada

By Nathan Vifflin (Reuters) -Metals recycler and battery materials producer Umicore will pause const...

6th November, 2024