automotive-industry
Top StoriesFactbox-Chinese Ev Makers Set Sights on European Production
Top StoriesHonda Sees Full-Year Profit Rising 2.8%
Top StoriesChina’s Largest Auto Show Showcases All-Electric Future, Local Brands Dominate
Top StoriesRenault Says New Models to Lift 2024 Sales, Confirms Profit Outlook
After Vw Plant Victory, Uaw Sets Its Sights on Mercedes in Alabama
Date: April 22, 2024
After VW plant victory, UAW sets its sights on Mercedes in Alabama By Nora Eckert CHATTANOOGA, Tennessee (Reuters) – The United Auto Workers has made history by winning its first unionization vote at an auto factory in the U.S. South. Now it needs to prove the success wasn’t a fluke by pulling off a second...
Gm and Ford Count on Gas-Powered Trucks as Ev Growth Slows
Date: April 19, 2024
GM and Ford count on gas-powered trucks as EV growth slows By Joseph White DETROIT (Reuters) – U.S. automakers General Motors and Ford face a challenge in common when they report first-quarter results next week: Explaining to investors where profit growth will come from in the months ahead as EV growth slows. The slowdown in...
Navigation Firm TomTom Posts Operating Loss as Auto Sales Slow
Date: April 17, 2024
Navigation firm TomTom posts operating loss as auto sales slow By Gaelle Sheehan and Mathias de Rozario (Reuters) -Digital mapping company TomTom’s operating result turned to a wider-than-expected loss in the first quarter, hit by slower car sales and higher investments in AI and automated driving, it said on Wednesday. Its shares fell 12.5% to...
Xiaomi’s Ev Buyers Face up to Seven-Month Wait for Car, App Shows
Date: April 1, 2024
Xiaomi’s EV buyers face up to seven-month wait for car, app shows By Yelin Mo and Brenda Goh BEIJING (Reuters) -Xiaomi is advising would-be buyers of its new SU7 electric sedan that they could face an up to seven-month wait, its app showed on Monday, in a sign that the Chinese electronics maker is enjoying...
French Company Valeo to Use More Google Cloud AI Tools
Date: March 28, 2024
French company Valeo to use more Google Cloud AI tools PARIS (Reuters) – French car parts maker Valeo said on Thursday it would be using more Google Cloud AI tools at Valeo, highlighting the growing importance of the technology in the cars sector. Valeo said one such area where it would be using artificial intelligence...
Ferrari to Expand Cooperation With Battery Supplier Sk On
Date: March 27, 2024
Ferrari to expand cooperation with battery supplier SK On MILAN (Reuters) – Luxury sports car manufacturer Ferrari has entered a preliminary agreement with its electric-vehicle (EV) battery supplier SK On on further expansion of their cooperation. South Korea’s SK On has been supplying battery cells for Ferrari models since 2019, including for the SF90 Stradale,...