Sunday, 23 February 2025

Focus on Automotive

Faced with soaring petrol prices after an end to fuel subsidies, some Nigerians are convertng their cars to run on compressed natural gas (AFP)
AnalysisAutomotiveBusinessNatural Gas

Compressed natural gas vehicles gain slow momentum in Nigeria

Nigeria's government pushes CNG adoption to address fuel shortages, but slow conversions, safety, and costs hinder progress.

FILE PHOTO: Traffic is seen along 1st Avenue during a rainy day in New York City, U.S. November 21, 2024.  REUTERS/Eduardo Munoz/ File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsReports

US light vehicle sales to rise 6% in November, report says

U.S. light vehicle sales are projected to rise six per cent in November, driven by subcompact crossover demand, EV growth, and promotions.

FILE PHOTO: An attendant walks past EU and China flags ahead of the EU-China High-level Economic Dialogue at Diaoyutai State Guesthouse in Beijing, China.
AutomotiveElectric Vehicles (EVs)NewsTrade

EU not close to deal with China on EV tariffs, officials say

European Union and Chinese officials are discussing alternatives to European tariffs on Chinese electric vehicles (EV).

FILE PHOTO: Northvolt facility in Vasteras, Sweden, September 29, 2021. REUTERS/Helena Soderpalm/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Volkswagen has taken major writedown on Northvolt stake, sources say

Volkswagen has written down its 21 per cent Northvolt stake amid the Swedish battery maker's bankruptcy filing, reflecting EV market struggles.

Volkswagen workers staged a colourful protest against planned cost cuts (AFP)
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturingNews

Volkswagen workers head towards strikes from December

Volkswagen unions plan warning strikes from Dec. 1 as talks stall over factory closures and cost-cutting amid electric transition woes.

FILE PHOTO: A banner depicting Ford Super Duty pickup truck is pictured outside Ford's Kentucky truck plant as a United Auto Workers (UAW) union members pickets after going on strike in Louisville, Kentucky, U.S. October 12, 2023.  REUTERS/Luke Sharrett/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LabourNewsStorage

UAW says majority of workers at Ford joint-venture battery plant sign union cards

A majority of workers at a Ford Motor battery plant in Kentucky have signed cards indicating their support for the United Auto Workers,...

FILE PHOTO: A view shows the logo of Stellantis at the entrance of the company's factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsPolitics

Stellantis again pauses Italy plants as minister wants new investments

Stellantis pauses production at two Italian plants amid EV challenges, as Rome demands clear investment plans to secure jobs.

A banner advertising the newly opened Electric Vehicle Center hangs at Ford's Cologne plant, which together with the Aachen site is affected by around 2,300 job cuts, as announced in February, in Cologne, Germany, June 12, 2023. REUTERS/Jana Rodenbusch/File Photo
AutomotiveBusinessElectric Vehicles (EVs)EmissionsNewsTransport

Ford to cut European jobs as EV shift, Chinese rivals take toll

Ford to cut 14% of European workforce, citing EV losses, weak demand and rising competition.

FILE PHOTO: New vehicles are seen at a parking lot in the Port of Richmond, at the bay of San Francisco, California June 8, 2023. REUTERS/Carlos Barria/File Photo
AutomotiveElectric Vehicles (EVs)NewsPoliticsRegulations

US senators push auto safety agency to finalize vehicle rules

Democratic senators press NHTSA to act swiftly on overdue safety rules as U.S. traffic deaths remain above pre-pandemic levels.

Workers of Europe's largest carmaker Volkswagen AG gather during a briefing of the Works Council about VW's plans to close down three plants and lay off thousands of employees at the VW headquarters in Wolfsburg, Germany, October 28, 2024. Julian Stratenschulte/Pool via REUTERS/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)LabourNews

VW union proposes $1.6 billion of cuts, but no plant closures

Volkswagen workers offer €1.5B in cost savings to avoid plant closures, warning of historic conflict over deeper cuts and closures.

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