automotive-industry
InvestingRenault Shares Gain on Honda-Nissan Tie-Up Talks
InvestingExperts’ Comments on Talks Between Honda and Nissan to Deepen Ties
BusinessFactbox-How Nissan and Honda Stack up Against Each Other
InvestingDollar Strong Ahead of Fed Meeting, Japan Auto Shares Surge on Honda-Nissan News
Honda, Nissan in Talks to Set up Holding Company, Source Says
Date: December 18, 2024
By Maki Shiraki (Reuters) -Japanese auto giants Honda and Nissan are in talks to set up a holding company, according to a person with knowledge of the matter, a move that would allow them to share more resources amid competition upending the global industry. The talks, first reported by the Nikkei newspaper, would allow the...
Honda Aims to Double Hybrid Car Sales by 2030 as ‘bridge’ to Ev Era
Date: December 17, 2024
TOKYO (Reuters) – Honda Motor aims to double its global hybrid car sales to 1.3 million vehicles annually by 2030 from 2023 levels, providing a “bridge” until fully electric vehicles become more widespread, the Japanese automaker said on Wednesday. From 2026, Honda will start to install new, more fuel-efficient hybrid systems for compact and mid-sized...
Europe’s Carmakers Discount EVs, Hike Petrol Car Prices as New Emissions Rules Loom
Date: December 17, 2024
By Gilles Guillaume and Alessandro Parodi PARIS/GDANSK (Reuters) – European automakers are raising prices of petrol cars and readying discounts on electric vehicles as they brace for yet another challenge – tougher emissions rules that threaten to further shrink profits across the struggling industry. The European Union will drastically lower its cap on automotive carbon...
Lamborghini Delays First Ev Launch to 2029 as Market Not Ready
Date: December 16, 2024
SANT’AGATA BOLOGNESE, Italy (Reuters) -Italy’s Lamborghini will always make cars in Italy as it plans to launch its first electric model only in 2029, amid a market for luxury sports cars which is not ripe for full electrification, CEO Stephan Winkelmann said on Monday. Lamborghini, a unit of Volkswagen, had previously said its first EV...
Stellantis Swiftly Reshapes Strategy Under Elkann After Tavares Exit
Date: December 16, 2024
By Giulio Piovaccari and Nora Eckert MILAN/DETROIT (Reuters) – Steered by Chairman John Elkann, Stellantis, owner of 14 brands including Fiat, Jeep and Ram, is acting swiftly to dismantle the legacy of its former CEO and repair relations with dealers, industry partners, governments and workers. Carlos Tavares abruptly resigned on Dec. 1, almost 18 months...
Analysis-China Automakers Pivot to Hybrids for Europe to Counter Ev Tariffs
Date: December 5, 2024
SHANGHAI (Reuters) – Automakers in China are ramping up exports of hybrid vehicles to Europe and planning more models for the key market, exposing the limits of the European Union’s electric vehicle tariff scheme. The bloc’s latest EV tariffs to protect its auto industry from a flood of cheap Chinese imports do not apply to...