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Automotive industry

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Image for Forvia clinches new supply deals with China’s BYD and Xiaomi, shares jump
Business

Forvia clinches new supply deals with China’s BYD and Xiaomi, shares jump

By Nathan Vifflin and Mara Vilcu (Reuters) -French car part supplier Forvia has secured new deals wi...

21st October, 2024

Image for French bank Credit Agricole to buy 50% of GAC’s leasing unit
Banking

French bank Credit Agricole to buy 50% of GAC’s leasing unit

By Mathieu Rosemain and Sudip Kar-Gupta PARIS (Reuters) -Credit Agricole is planning to buy a 50% st...

16th October, 2024

Image for Tesla’s sporty, two-seater robotaxi design puzzles experts
Technology

Tesla’s sporty, two-seater robotaxi design puzzles experts

By Abhirup Roy and Chris Kirkham SAN FRANCISCO (Reuters) -Tesla’s reveal of a robotaxi designed as a...

15th October, 2024

Image for Varta seals auto battery investment from Porsche
Investing

Varta seals auto battery investment from Porsche

GDANSK (Reuters) – Struggling German battery maker Varta said luxury car maker Porsche AG would inve...

9th October, 2024

Image for Exclusive-Germany to vote against EU tariffs on Chinese electric vehicles, sources say
Top Stories

Exclusive-Germany to vote against EU tariffs on Chinese electric vehicles, sources say

By Andreas Rinke FRANKFURT (Reuters) -Germany on Friday will vote against the introduction of Europe...

4th October, 2024

Image for Analysis-Investors shun European car stocks despite rock bottom valuations
Investing

Analysis-Investors shun European car stocks despite rock bottom valuations

By Sruthi Shankar and Danilo Masoni (Reuters) – European auto stocks are so unpopular right now that...

20th September, 2024

Image for Germany considering ways to support VW, economy minister says
Business

Germany considering ways to support VW, economy minister says

FRANKFURT/BERLIN (Reuters) -Germany’s government is considering ways to support Volkswagen, German e...

20th September, 2024

Image for UAW to hold strike votes at Stellantis local chapters, union president says
Business

UAW to hold strike votes at Stellantis local chapters, union president says

By Nora Eckert and Abhirup Roy DETROIT (Reuters) -The United Auto Workers union plans to hold strike...

18th September, 2024

Image for Analysis-China, price cuts and costs: the fuel driving Volkswagen’s crisis
Business

Analysis-China, price cuts and costs: the fuel driving Volkswagen’s crisis

By Victoria Waldersee, Christina Amann and Christoph Steitz BERLIN/FRANKFURT (Reuters) – In May, Vol...

7th September, 2024

Image for EU new car sales flat in July as battery-electric slumps, industry body ACEA says
Business

EU new car sales flat in July as battery-electric slumps, industry body ACEA says

By Alessandro Parodi and Greta Rosen Fondahn (Reuters) -New car sales in the European Union rose 0.2...

29th August, 2024

Image for Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineup
Top Stories

Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineup

By Heekyong Yang and Joyce Lee SEOUL (Reuters) -Hyundai Motor said on Wednesday it was targeting ann...

28th August, 2024

Image for EV startup Rivian’s production chief joins Stellantis
Top Stories

EV startup Rivian’s production chief joins Stellantis

By Abhirup Roy SAN FRANCISCO (Reuters) – Rivian’s head of manufacturing is leaving the electric vehi...

21st August, 2024