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UK new car sales up by nearly a quarter in October – SMMT
(Reuters) – British new car registrations rose for the third consecutive month in October, up by aro...
4th November, 2022
Automotive industry
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Europe – the warning light flashing on carmakers’ dashboards
By Nick Carey (Reuters) – Carmakers BMW and Stellantis on Thursday expressed concerns about Europe’s...
3rd November, 2022
Business
Toyota cuts output target amid chip crunch as profit tumbles 25%
By Satoshi Sugiyama TOKYO (Reuters) – Toyota Motor Corp on Tuesday posted a worse-than-expected 25%...
1st November, 2022
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Toyota cuts output target amid chip crunch as profit tumbles 25%
TOKYO (Reuters) -Toyota Motor Corp on Tuesday posted a worse-than-expected 25% drop in quarterly pro...
1st November, 2022
Business
Volkswagen says supply jams here to stay as earnings stagnate
By Victoria Waldersee BERLIN (Reuters) – Volkswagen said supply chain troubles were the new norm as...
28th October, 2022
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EU approves effective ban on new fossil fuel cars from 2035
By Kate Abnett BRUSSELS (Reuters) -The European Union struck a deal on Thursday on a law to effectiv...
28th October, 2022
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Britain’s car output drops 6% as supply woes persist
(Reuters) – British car production dropped 6% in September, an industry body said on Thursday, as th...
27th October, 2022
Business
Toyota considers sharp boost in output of first EV, but not before 2025, sources say
By Maki Shiraki TOKYO (Reuters) -Toyota is considering a sharp increase in production of its first m...
26th October, 2022
Business
Mercedes-Benz lifts profit forecast as luxury cars boom
By Victoria Waldersee BERLIN (Reuters) -Mercedes-Benz raised its full-year profit forecast on Wednes...
26th October, 2022
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Tesla investors to focus on demand issues in earnings report
(Reuters) -Tesla Inc’s quarterly report on Wednesday will likely show whether the Elon Musk-led elec...
19th October, 2022
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Italy’s Brembo sets up venture capital arm to invest in tech startups
MILAN (Reuters) – Premium brakes maker Brembo said on Wednesday it had set up an internal venture ca...
19th October, 2022
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German car industry baulks at supplier demands over energy hikes
By Victoria Waldersee WOLFSBURG, Germany (Reuters) – Germany’s giant carmakers may have secured thei...
14th October, 2022