automotive-industry
Top StoriesNissan and Honda Consider Partnership on EVs, AI
Top StoriesPorsche Sees Lower Returns in Year of Major Model Launches
Top StoriesSiblings Help China’s Byd Grab Early Lead in Thai Ev Market
Top StoriesRenault Unveils New R5 as It Taps Past Success for Electric Future
Facing Chinese Ev Rivals, Europe’s Automakers Squeeze Suppliers on Costs
Date: February 26, 2024
Facing Chinese EV rivals, Europe’s automakers squeeze suppliers on costs By Nick Carey LONDON (Reuters) -Europe’s automakers and their already-stretched suppliers face a tough year as they race to cut costs for electric models to counter leaner Chinese rivals which are bringing cheaper vehicles to challenge them on their home turf. A big question is...
China’s Xpeng Signs Partnership With UAE’s Ali&Sons, Eyes Italian Market
Date: February 22, 2024
China’s Xpeng signs partnership with UAE’s Ali&Sons, eyes Italian market BEIJING (Reuters) – China’s Xpeng on Thursday said it has established a strategic partnership with UAE-based Ali&Sons and added Italy to its Europe plans, as the electric vehicle maker ramps up overseas expansion. The announcement adds to Xpeng’s partnerships with local dealers for the Egypt,...
Swedish Union to Exempt Some Tesla Cars From Mechanic Strike
Date: February 15, 2024
Swedish union to exempt some Tesla cars from mechanic strike STOCKHOLM (Reuters) – Swedish labour union IF Metall on Wednesday said it would permit its mechanics to fix some Tesla cars at independent workshops during a 10-week period, exempting them from a strike that has targeted the electric vehicle maker since October. Tesla is facing...
UK’s New Car Registrations up Nearly 8% in January – Smmt
Date: February 5, 2024
UK’s new car registrations up nearly 8% in January – SMMT (Reuters) – New car registrations in the United Kingdom rose about 8% in January, preliminary industry data showed on Monday. The Society of Motor Manufacturers and Traders (SMMT) will provide the final figures for the month at 0900 GMT. (Reporting by Prerna Bedi...
Industry Pain Abounds as Electric Car Demand Hits Slowdown
Date: January 30, 2024
Industry pain abounds as electric car demand hits slowdown By Nick Carey and Joseph White (Reuters) – While automakers and suppliers are betting big on future demand for electric vehicles, a near-term global slowdown is causing pain, including bankruptcies, scrapped initial public offerings and production cuts. Investment in capacity and technology development has outrun actual...
Cars Sold as an ‘Italian Jewel’ Must Be Made in Italy, PM Tells Stellantis
Date: January 24, 2024
Cars sold as an ‘Italian jewel’ must be made in Italy, PM tells Stellantis ROME (Reuters) – A car being sold as an “Italian jewel” needs to be made in Italy, Prime Minister Giorgia Meloni said, telling lawmakers that Fiat’s parent company Stellantis has sometimes made choices which were against the country’s interests. Asked about...