automotive-industry
FinanceUK Vehicle Output Ends 2024 Below One Million Units, Industry Data Shows
FinanceTesla Commits to Cheaper Cars in First Half, Sees Autonomous Vehicles 'in the Wild' in June
FinanceRenault Seeking to Maximize Value of Nissan Shares in Honda Merger, Says Source
HeadlinesCarmaker Stellantis Buys Full Control of Punch Powertrain Venture
Volkswagen Considers US Production Sites for Audi, Porsche Brands, Handelsblatt Reports
Date: January 29, 2025
FRANKFURT (Reuters) - German carmaker Volkswagen is considering setting up production sites in the United States for its high-end Audi and Porsche brands to avert fallout from tariffs threatened by...
American Axle to Buy Gkn Automotive Owner Dowlais in $1.4 Billion Deal
Date: January 29, 2025
(Reuters) - British automotive parts supplier Dowlais said on Wednesday that it would be acquired by U.S.-based autoparts maker American Axle and Manufacturing in a cash-and-share deal, valuing the...
Volkswagen Considers US Production Sites for Audi, Porsche Brands, Handelsblatt Reports
Date: January 29, 2025
FRANKFURT (Reuters) - German carmaker Volkswagen is considering setting up production sites in the United States for its high-end Audi and Porsche brands to avert fallout from tariffs threatened by...
Bmw CEO Proposes Cutting EU Tariff on US Vehicle Imports to 2.5%
Date: January 28, 2025
BERLIN (Reuters) - BMW will propose this week that the European Union lower its tariff on U.S. car imports to 2.5% from 10%, in line with the current U.S. import tariff, the German automaker's CEO...
Gm Results Aren't Enough for Investors, Shares Skid 9% on Tariff Worries
Date: January 28, 2025
By Kalea Hall DETROIT (Reuters) - General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations as the U.S. automaker continued to see...
Volkswagen India Faced Customs Clearance Delays Over Alleged Tax Evasion Case, Sources Say
Date: January 28, 2025
By Aditi Shah and Nikunj Ohri NEW DELHI (Reuters) - Some air shipments of car components by Volkswagen India were briefly held up by custom authorities in Mumbai due to a $1.4 billion tax demand,...