Automotive industry

Image for BMW quarterly profit misses expectations due to weak China sales, brake issues
Top Stories

BMW quarterly profit misses expectations due to weak China sales, brake issues

By Nick Carey and Christoph Steitz LONDON/FRANKFURT (Reuters) -BMW on Wednesday reported a 61% drop...

6th November, 2024

Image for Honda posts 15% fall in Q2 operating profit, missing forecasts
Business

Honda posts 15% fall in Q2 operating profit, missing forecasts

TOKYO (Reuters) -Japan’s Honda Motor reported a surprise 15% drop in second-quarter operating profit...

6th November, 2024

Image for UK new car sales fall 6% in October, industry data shows
Business

UK new car sales fall 6% in October, industry data shows

(Reuters) – New car registrations in the UK fell for the second time this year, dropping 6% to 144,2...

5th November, 2024

Image for Toyota to post first profit drop in 2 years as demand cools after big run
Business

Toyota to post first profit drop in 2 years as demand cools after big run

By Daniel Leussink TOKYO (Reuters) – Toyota Motor is expected to post its first profit drop in two y...

5th November, 2024

Image for China EV price deal needs be as effective as tariffs, says EU official
Business

China EV price deal needs be as effective as tariffs, says EU official

BRUSSELS (Reuters) – Any agreement reached with Chinese producers on minimum prices for electric veh...

4th November, 2024

Image for Volvo Cars October sales rise 3% year-on-year
Business

Volvo Cars October sales rise 3% year-on-year

COPENHAGEN (Reuters) -Volvo Cars’ sales rose 3% year-on-year in October to 61,686 cars driven primar...

4th November, 2024

Image for China’s Nio plans to sell its first hybrid car overseas only, sources say
Business

China’s Nio plans to sell its first hybrid car overseas only, sources say

SHANGHAI (Reuters) – Chinese electric vehicle maker Nio is planning to launch its first hybrid model...

4th November, 2024

Image for Czech Republic joining Italy to fight carmakers’ CO2 fines
Top Stories

Czech Republic joining Italy to fight carmakers’ CO2 fines

PRAGUE (Reuters) – The Czech Republic will join Italy in seeking to prevent carmakers from facing he...

4th November, 2024

Image for ST targets China growth after trimming forecast again
Business

ST targets China growth after trimming forecast again

By Nathan Vifflin (Reuters) -European chipmaker STMicroelectronics (ST) on Thursday trimmed its reve...

31st October, 2024

Image for Stellantis revenue slides as automaker cuts bloated inventories
Investing

Stellantis revenue slides as automaker cuts bloated inventories

By Giulio Piovaccari and Gilles Guillaume MILAN (Reuters) -Reduced shipments and lower pricing power...

31st October, 2024

Image for Nissan may partner with Renault on new small EV for Europe
Business

Nissan may partner with Renault on new small EV for Europe

DOUAI, France (Reuters) – French automaker Renault is in talks with Nissan to help the Japanese firm...

31st October, 2024

Image for Exclusive-China tells carmakers to pause investment in EU countries backing EV tariffs, sources say
Technology

Exclusive-China tells carmakers to pause investment in EU countries backing EV tariffs, sources say

SHANGHAI (Reuters) – China has told its automakers to halt big investment in European countries that...

30th October, 2024