automotive-industry

Image for Toyota’s Nov global vehicle production rises 1.5% to record 833,104Top Stories

Toyota’s Nov Global Vehicle Production Rises 1.5% to Record 833,104

Image for UK new car sales rise in November, fail to zoom past 2019 levels- SMMTTop Stories

UK New Car Sales Rise in November, Fail to Zoom Past 2019 Levels- Smmt

Image for Volkswagen to discuss new software roadmap on Dec. 15 -HandelsblattTop Stories

Volkswagen to Discuss New Software Roadmap on Dec. 15 -Handelsblatt

Image for BYD set to be China’s top-selling car brand for Nov, Tesla gains -dataTop Stories

Byd Set to Be China’s Top-Selling Car Brand for Nov, Tesla Gains -Data

Image for Material shortages ease in German industry but carmakers struggling

Material Shortages Ease in German Industry but Carmakers Struggling

Date: November 30, 2022

BERLIN (Reuters) – Material supply problems in German industry have fallen to their lowest level in over a year and a half, according to a survey released on Wednesday, although many orders still cannot be processed with well over half of companies reporting issues. In November, 59.3% of companies surveyed reported material shortages, the Ifo...

Image for UK govt must take urgent action to help EV transition – car lobby

UK Govt Must Take Urgent Action to Help Ev Transition – Car Lobby

Date: November 29, 2022

By Nick Carey LONDON (Reuters) – The UK’s car lobby on Tuesday called on the government to take urgent action to help the industry transition to electric vehicle (EV) production, including support for high energy costs, tax reform and investment in charging infrastructure. The Society of Motor Manufacturers and Traders (SMMT) said the UK auto...

Image for Ford recalls 634,000 vehicles worldwide over fire risks

Ford Recalls 634,000 Vehicles Worldwide Over Fire Risks

Date: November 29, 2022

By David Shepardson (Reuters) -Ford Motor Co is recalling 634,000 sport utility vehicles (SUVs) worldwide over fire risks from possible cracked fuel injectors and will urge owners to have their cars inspected, it said on Thursday. America’s No.2 automaker by sales said the recall covers 2020-2023 model year Bronco Sport and Escape SUVs with 3...

Image for Credit Agricole is weighing foray into German car-sharing: media report

Credit Agricole Is Weighing Foray Into German Car-Sharing: Media Report

Date: November 28, 2022

FRANKFURT (Reuters) – French bank Credit Agricole is weighing plans to offer car-sharing financial services in Germany because the growing market offers opportunities to challenge incumbent players, an executive told trade publication Automobilwoche. The French bank’s consumer finance arm has been in a push to increase mobility-related revenues from its car leasing joint venture with...

Image for Chinese carmakers target more European sales with five-star EVs

Chinese Carmakers Target More European Sales With Five-Star EVs

Date: November 21, 2022

By Nick Carey SOLIHULL, England (Reuters) – Chinese electric vehicle (EV) makers have set their sights on winning over European drivers and large corporate customers with more affordable cars that come with top safety ratings and lots of high-tech features. In the last few months, several Chinese EVs have received five-star European New Car Assessment...

Image for Toyota revamps Prius in bid to give hybrids back their halo

Toyota Revamps Prius in Bid to Give Hybrids Back Their Halo

Date: November 16, 2022

By Satoshi Sugiyama TOKYO (Reuters) – Toyota Motor Corp rolled out a 2-litre plug-in version of its Prius on Wednesday, in an attempt to reboot the 25-year-old hybrid that was once at the cutting edge of low-emissions technology and appeal more widely to cost-conscious drivers. Toyota billed the new Prius, with its shark-like front and...