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China-based EV makers hit with European Union tariffs
LONDON (Reuters) -The European Commission confirmed on Tuesday it would apply additional duties of u...
20th August, 2024
Automotive industry
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Volvo Cars’ July sales rise 6% driven by European EVs
COPENHAGEN (Reuters) -Volvo Cars’ sales rose 6% year-on-year in July to 57,447 cars, driven by an in...
2nd August, 2024
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Exclusive-Audi’s new China EV series won’t have signature four-ring logo, sources say
SHANGHAI (Reuters) – Audi’s new electric cars series developed in China for the Chinese market will...
2nd August, 2024
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Ford profit disappoints, stock falls 11% as quality issues dog automaker
By Nora Eckert, Nathan Gomes (Reuters) -Ford Motor reported a dip in second-quarter adjusted profit...
25th July, 2024
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UK car output logs fourth consecutive monthly fall in June, data shows
(Reuters) – UK’s car output fell for the fourth consecutive month in June, as more manufacturers wou...
25th July, 2024
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Porsche cuts forecasts due to alloy shortage, shares fall
By Victoria Waldersee (Reuters) -Porsche AG cut its sales and profit outlook on Tuesday due to an un...
23rd July, 2024
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GM beats quarterly expectations and raises forecast, but shares dive
By Nora Eckert DETROIT (Reuters) -General Motors reported second-quarter profit and revenue on Tuesd...
23rd July, 2024
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Xpeng, Volkswagen set up project house to roll out new EV architecture
(Reuters) -Chinese electric vehicle (EV) maker Xpeng has established project houses for engineers in...
22nd July, 2024
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EU new car sales rise 4.3% in June, industry body ACEA says
By Greta Rosen Fondahn and Alessandro Parodi (Reuters) -New car sales in the European Union rose 4.3...
18th July, 2024
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BYD to introduce three more car models to Vietnam market
HANOI (Reuters) – Chinese electric carmaker BYD will introduce three more models to the Vietnamese m...
18th July, 2024
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Tesla launches new Model 3 long-range variant at $42,490, website shows
Tesla launches new Model 3 long-range variant at $42,490, website shows (Reuters) – Tesla on Thursda...
12th July, 2024
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Porsche AG reports sharp fall in China deliveries
Porsche AG reports sharp fall in China deliveries (Reuters) -German sportscar maker Porsche said on...
9th July, 2024