automotive-industry
Top StoriesWolfgang Porsche Announces Final Term on Volkswagen Supervisory Board
Top StoriesMercedes-Benz Launches E-Class, Its Last New Combustion Engine Model
Top StoriesMg Motor Launches Plug-In Hybrid Option in Mexico as Ev Race Heats Up
Top StoriesRenault Revenues Rise 30% in Q1 on Higher Sales and Prices
German Automakers Fight to Defend Their Turf From Chinese Rivals
Date: April 20, 2023
German automakers fight to defend their turf from Chinese rivals SHANGHAI/BERLIN (Reuters) -German automakers have turned up in full force at Shanghai’s Auto Show as they fight to stay on top of consumer trends in the country that will define whether they maintain their market dominance in the electric age both at home and abroad....
Exclusive-Nissan Seeks Tech Tie-Up Without Renault as Alliance Nears End of Road
Date: April 14, 2023
Exclusive-Nissan seeks tech tie-up without Renault as alliance nears end of road By Norihiko Shirouzu and Maki Shiraki (Reuters) – Nissan is developing growth plans in areas such as software and electric vehicles (EVs) independent of Renault SA as the automakers work to finalise terms of a sharply limited alliance, said seven people with knowledge...
Mercedes Posts Rise in Q1 Sales Boosted by EVs, Premium Cars
Date: April 12, 2023
(Reuters) -Mercedes-Benz Group sales rose moderately in the first quarter of the year, boosted by electric vehicles (EV) and premium cars, the German carmaker said on Wednesday. Worldwide sales increased 3% to 503,500 vehicles, with Europe posting the strongest growth at 8%. The firm saw the biggest sales plunge in the rest of the world...
India’s Tata Motors Jumps to a 7-month High on Strong Q4 Jlr Sales
Date: April 10, 2023
BENGALURU (Reuters) – Shares of Indian automaker Tata Motors Ltd rose as much as 8.15% to a seven-month high on Monday after its luxury car unit Jaguar Land Rover (JLR) reported strong fourth-quarter sales and forecast free cash flow of about $1 billion. Tata Motors’s shares were the top gainer on India’s bluechip Nifty 50...
UK New Car Sales Rise 17% in March; Best Ever Month for EVs
Date: April 5, 2023
(Reuters) – New car registrations in the United Kingdom rose for the eighth consecutive month in March, recording a more than 17% rise from a year earlier, according to preliminary industry data released on Wednesday. The Society of Motor Manufacturers and Traders (SMMT) said it was the biggest month ever for battery electric car registrations....
Tesla Posts Record Quarterly Deliveries After Price Cuts, up 4% From Q4
Date: April 3, 2023
By Akash Sriram and Hyunjoo Jin (Reuters) – Tesla Inc on Sunday posted record quarterly vehicle deliveries, but quarter-on-quarter sales growth was modest despite price cuts as rising competition and a bleak economic outlook weighed. Tesla delivered 422,875 vehicles for the first three months of this year, up 4% from the previous quarter. This was...