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Stellantis sees India as profitable auto market amid challenges in China, Russia
By Aditi Shah NEW DELHI (Reuters) – Stellantis chief Carlos Tavares expects India to be a profitable...
18th May, 2022
Automotive industry
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REE Automotive to build commercial EV plant in UK’s Coventry
By Nick Carey LONDON (Reuters) – REE Automotive, which develops rolling chassis for commercial elect...
16th May, 2022
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Volkswagen to build 800,000 fully-electric cars this year
BERLIN (Reuters) – Volkswagen is planning to build 800,000 fully electric cars worldwide this year a...
12th May, 2022
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EV maker Lucid to launch luxury sedans in Europe in late 2022
(Reuters) – Electric carmaker Lucid Group plans to launch luxury sedans in Europe later this year, a...
10th May, 2022
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Volkswagen CEO sees tight race with Tesla for e-car crown by 2025
FRANKFURT (Reuters) -Volkswagen faces a tough road ahead to reach its self-imposed target of becomin...
9th May, 2022
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UK auto industry cuts 2022 outlook on supply snags, rising cost of living
(Reuters) – British new car sales this year will be lower than previously thought as the cost-of-liv...
5th May, 2022
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BMW profit gets lift from Chinese joint venture, strong prices
By Nick Carey LONDON (Reuters) – BMW posted a rise in first-quarter profit on Thursday, boosted by a...
5th May, 2022
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Bentley Q1 profit soars despite cars lost at sea and stuck in China
By Nick Carey LONDON (Reuters) – Luxury British carmaker Bentley on Thursday said its first-quarter...
5th May, 2022
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Volkswagen sticks to outlook as size offset supply chain woes
By Christoph Steitz and Jan Schwartz FRANKFURT (Reuters) -Volkswagen, Europe’s top carmaker, on Wedn...
4th May, 2022
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Audi, Porsche to join Formula One, VW CEO says
BERLIN (Reuters) -Volkswagen’s premium brands Audi and Porsche will join Formula One after convincin...
2nd May, 2022
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Gas-guzzling German carmakers face uphill struggle to go green
By Victoria Waldersee BERLIN (Reuters) – As Germany speeds up investment in renewables, the energy c...
29th April, 2022
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China, supply chain issues hurt Beiersdorf adhesives unit’s outlook
FRANKFURT (Reuters) -Beiersdorf, the maker of Nivea skin care products and Tesa glue, cut the foreca...
28th April, 2022