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News
Europe drives global EV sales growth in August, offsetting China, North America weakness
3+ day, 15+ hour ago (187+ words) Sept 11 (Reuters) – Global demand for electric vehicles rose for a sixth consecutive month in August, with Europe leading the growth, data from UK-based research firm Benchmark Mineral Intelligence showed on Friday. Sales of battery-electric and plug-in hybrid vehicles show growing…...
Ford caught in escalating Washington clash over China deals
4+ day, 13+ hour ago (850+ words) Sept 9 (Reuters) – Long-simmering tensions between Ford and the Trump administration over the automaker’s connections with Chinese companies boiled over this week in a contradictory flurry of Republican criticism and praise for the company. The dispute highlighted competing views of how…...
Stellantis to recall over 200,000 Jeep vehicles in US over tire-pressure monitor issue
5+ day, 6+ hour ago (165+ words) Sept 9 (Reuters) – Chrysler parent Stellantis is recalling 201,976 Jeep vehicles in the U.S. due to a software error that may cause the tire pressure monitoring system to fail to detect low tire pressure or illuminate the warning light, the U.S....
Trump administration blasts Ford business deals with Chinese firms
5+ day, 19+ hour ago (169+ words) WASHINGTON, Sept 8 (Reuters) – The Trump administration on Tuesday blasted Ford Motor’s business partnerships with Chinese companies, saying they pose deep national security concerns. U.S. Transportation Secretary Sean Duffy in a letter to Ford CEO Jim Farley sent on Tuesday…...
BYD targets more than 2.5 million vehicle exports in 2027, brokerages say
6+ day, 5+ hour ago (258+ words) BEIJING, Sept 8 (Reuters) – Chinese electric vehicle maker BYD expects overseas shipments to exceed 2.5 million vehicles in 2027, two major brokerages said on Tuesday, citing a group meeting with company management. BYD did not immediately respond to a request for comment. • The…...
Audi introduces new compact EV in bid to boost European sales
1+ week, 2+ hour ago (317+ words) PARIS, Sept 7 (Reuters) – Premium German car brand Audi on Monday introduced a new compact electric vehicle to boost its presence at the smaller end of the European market, where Chinese automakers are launching more affordable models, and help revive its…...
Exclusive-Honda tells suppliers to cut costs in $9 billion push to fend off China, documents show
1+ week, 5+ day ago (619+ words) TOKYO, Sept 2 (Reuters) – Japan’s Honda aims to cut more than $9 billion in costs over the next four years and has instructed suppliers to drastically reduce their prices, according to internal documents and one person familiar with the matter. Honda, the…...
BYD’s sales extend growth streak on strong exports
1+ week, 6+ day ago (239+ words) BEIJING, Sept 1 (Reuters) – Chinese electric vehicle maker BYD reported rising global sales for the fourth straight month, as robust exports continued to cushion the impact of sluggish domestic demand. Total sales climbed 17.8% from a year earlier to 440,293 vehicles in August,…...
Volvo Cars to close Stockholm office in efficiency drive
2+ week, 5+ hour ago (166+ words) HELSINKI, Aug 31 (Reuters) – Sweden’s Volvo Cars said on Monday it will close its Stockholm office, where 450 people currently work, relocating responsibilities to its Gothenburg headquarters as part of an effort to cut costs and boost efficiency. The carmaker, majority owned…...
GM’s Canadian workers approve deal adding truck to Ontario plant amid US trade war
2+ week, 11+ hour ago (224+ words) Aug 30 (Reuters) – General Motors workers in Canada on Sunday approved an agreement that would build a new heavy-duty truck in Ontario, part of a pledge by the automaker to invest in a country now facing a doubling of tariffs. Canada’s…...