Automotive industry

Image for BMW expects slight growth in 2023, cuts Germany gas intake by 15%
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BMW expects slight growth in 2023, cuts Germany gas intake by 15%

BERLIN (Reuters) -BMW expects to reach the higher end of its 7-9% margin target for the cars busines...

26th September, 2022

Image for Auto suppliers feel the green squeeze as carmakers get clean
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Auto suppliers feel the green squeeze as carmakers get clean

By Nick Carey, Victoria Waldersee and Giulio Piovaccari TAMWORTH, England (Reuters) – The auto indus...

26th September, 2022

Image for Tesla is sued by drivers over alleged false Autopilot, Full Self-Driving claims
Technology

Tesla is sued by drivers over alleged false Autopilot, Full Self-Driving claims

By Jonathan Stempel (Reuters) – Tesla Inc was sued on Wednesday in a proposed class action accusing...

15th September, 2022

Image for Ferrari woos super rich with $400,000, petrol-fuelled SUV
Business

Ferrari woos super rich with $400,000, petrol-fuelled SUV

By Giulio Piovaccari MILAN (Reuters) – Ferrari unveiled on Tuesday its first SUV, the 390,000 euro (...

13th September, 2022

Image for Motor racing-Porsche’s Formula One plans stall as Red Bull talks collapse
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Motor racing-Porsche’s Formula One plans stall as Red Bull talks collapse

BERLIN (Reuters) – Porsche and Red Bull have ended talks over Porsche joining Formula One, but the G...

9th September, 2022

Image for German new passenger car registrations up 3% in August – industry source
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German new passenger car registrations up 3% in August – industry source

(Reuters) – German new passenger car registrations rose 3% in August to nearly 200,000 vehicles, an...

6th September, 2022

Image for New U.S. rules on EV subsidies slam Hyundai, Kia’s dreams
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New U.S. rules on EV subsidies slam Hyundai, Kia’s dreams

By Heekyong Yang and Ben Klayman SEOUL/DETROIT (Reuters) -After grabbing the No. 2 spot in the U.S....

2nd September, 2022

Image for Toyota’s July global vehicle output drops again, puts annual target in doubt
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Toyota’s July global vehicle output drops again, puts annual target in doubt

(Reuters) -Toyota Motor Corp said on Tuesday its July global vehicle production had fallen 8.6% year...

30th August, 2022

Image for Nissan to cease producing cylinder heads for Renault from 2024
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Nissan to cease producing cylinder heads for Renault from 2024

PARIS (Reuters) – Nissan said it would stop production of cylinder heads for French car maker Renaul...

24th August, 2022

Image for McLaren to enter India market later this year
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McLaren to enter India market later this year

(Reuters) – British sportscar maker McLaren said on Monday it was entering the Indian market, with i...

23rd August, 2022

Image for Exclusive-China’s EVE to supply BMW with large Tesla-like cylindrical batteries in Europe -sources
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Exclusive-China’s EVE to supply BMW with large Tesla-like cylindrical batteries in Europe -sources

SHANGHAI (Reuters) -China’s EVE Energy Co Ltd will supply BMW with large cylindrical batteries for i...

17th August, 2022

Image for Volkswagen, Mahindra deepen electric vehicle component cooperation
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Volkswagen, Mahindra deepen electric vehicle component cooperation

FRANKFURT (Reuters) – Volkswagen AG and Mahindra & Mahindra on Monday expanded their cooperation and...

15th August, 2022