automotive-industry
FinanceBmw Sees No Need for Special Deal to Avoid US Tariffs, Executive Says
FinanceOPmobility's Full-Year Revenue Rises, Led by Growth in North America
FinanceMercedes-Benz Cuts Costs, Renews Focus on Combustion Engine Models in Bid to Revive Earnings
FinanceJapan's Suzuki Trims India Sales Target Amid Competition, Scales Back Ev Launches
German Industry Slams Trump's Car Tariff Threat, Calls for Deal
Date: February 19, 2025
BERLIN (Reuters) - Threats by U.S. President Donald Trump to impose tariffs of around 25% on car imports are a "provocation," Germany's car lobby group said on Wednesday, calling on Brussels to strike...
Zf Considering Spin-Off of Electric Drive Division, Handelsblatt Reports
Date: February 18, 2025
BERLIN (Reuters) - German automotive supplier ZDF is considering a spin-of of its electric drive train division, the Handelsblatt business news outlet reported on Tuesday, citing company sources. ZF...
China's Byd Taps Italian Parts Makers to Supply Plants in Hungary, Turkey
Date: February 10, 2025
TURIN (Reuters) - China's BYD will meet Italian auto parts makers next week to discuss potential supplies for its two upcoming plants which will serve the European market, the EV maker's special...
Nylon Maker Ems Chemie Says It Has Taken Steps to Avoid US Tariff Fallout
Date: February 7, 2025
(Reuters) -Swiss nylon maker EMS Chemie reported on Friday a 9.5% rise in 2024 net operating income (EBIT), despite a stronger Swiss franc, and said it would not be affected by proposed U.S. tariffs...
TomTom Sees Lower 2025 Earnings on Automotive Market Slowdown, Shares Drop
Date: February 4, 2025
By Hugo Lhomedet and Mathias de Rozario (Reuters) -Dutch digital mapping specialist TomTom reported a 2% drop in its annual revenue on Tuesday, slightly above estimates and said it expects lower 2025...
Tesla Loses Market Share in Sweden, Norway as Musk Looms Large
Date: February 3, 2025
OSLO (Reuters) - Tesla lost market share in Sweden and Norway in January, car registration data showed on Monday as the U.S. electric vehicle maker faces a test of popularity following billionaire CEO...