GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →

Automotive

Latest articles

Image for BMW to cut several thousand jobs in latest blow to German auto sector
Finance

BMW to cut several thousand jobs in latest blow to German auto sector

BERLIN, July 29 (Reuters) - Premium carmaker BMW will cut several thousand jobs in Germany by the en...

29th July, 2026

Image for Porsche restructuring starting to pay off, says CEO
Finance

Porsche restructuring starting to pay off, says CEO

BERLIN, July 29 (Reuters) - Porsche confirmed its 2026 guidance on Wednesday despite persistent chal...

29th July, 2026

Image for Under pressure over China backers, Mercedes CEO pledges to defend US business
Finance

Under pressure over China backers, Mercedes CEO pledges to defend US business

By Rachel More BERLIN, July 28 (Reuters) - Mercedes-Benz's CEO pledged on Tuesday to shield its U.S....

28th July, 2026

Image for Stellantis sells car-sharing business as CEO Filosa focuses on core auto-making
Finance

Stellantis sells car-sharing business as CEO Filosa focuses on core auto-making

MILAN, July 28 (Reuters) - Stellantis has agreed to sell its Free2move car-sharing unit to German in...

28th July, 2026

Image for Cost cuts help Mercedes stabilise profit but China woes loom
Finance

Cost cuts help Mercedes stabilise profit but China woes loom

BERLIN, July 28 (Reuters) - German premium carmaker Mercedes-Benz reported a 22% rise in second-quar...

28th July, 2026

Image for France opposes EU approval of Tesla's FSD driver assistance software for now
Finance

France opposes EU approval of Tesla's FSD driver assistance software for now

AMSTERDAM, July 23 (Reuters) - France opposes the use of Tesla's Full Self-Driving (FSD) driver assi...

23rd July, 2026

Image for China's Geely to make electric SUVs at Ford Spain plant, jointly develop model for Europe
Finance

China's Geely to make electric SUVs at Ford Spain plant, jointly develop model for Europe

By Nick Carey LONDON, July 23 (Reuters) - Geely Auto will build two electric SUVs at Ford's factory...

23rd July, 2026

Image for BMW to recall over 318,000 US vehicles over starter motor overheating risk
Finance

BMW to recall over 318,000 US vehicles over starter motor overheating risk

July 23 (Reuters) - BMW is recalling 318,495 U.S. vehicles as an engine starter may overheat and cat...

23rd July, 2026

Image for Renault's hit EV helps fend off Chinese rivals as quarterly sales rebound
Finance

Renault's hit EV helps fend off Chinese rivals as quarterly sales rebound

PARIS, July 23 (Reuters) - Renault reported a slight drop in sales volumes in the first half of the...

23rd July, 2026

Image for Electrified cars drive Europe auto sales growth as Chinese brands gain ground
Finance

Electrified cars drive Europe auto sales growth as Chinese brands gain ground

July 23 (Reuters) - Demand for electrified cars continued to underpin growth in Europe's auto market...

23rd July, 2026

Image for Valeo first-half sales fall, but beat market expectations
Finance

Valeo first-half sales fall, but beat market expectations

July 22 (Reuters) - French car parts supplier Valeo reported a fall in first-half sales on Thursday,...

22nd July, 2026

Image for Porsche supervisory board backs tougher restructuring
Finance

Porsche supervisory board backs tougher restructuring

BERLIN, July 22 (Reuters) - Porsche could double its current redundancy programme with plans to cut...

22nd July, 2026