Monday, 24 February 2025

Focus on Automotive

FILE PHOTO: The fully electric VW ID Buzz, is pictured on a production line at a Volkswagen Commercial Vehicle plant in Hanover, Germany, June 16, 2022. REUTERS/Fabian Bimmer/File Photo
AutomotiveElectric Vehicles (EVs)News

Germany rejects Italy’s proposal of early review for EU combustion engine ban

Germany rejects Italy's call for an early review of the EU's combustion engine ban.

A Jeep Wrangler Rubicon is seen during a driving experience at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Jeep owners should park outside pending recall fix, US agency says

NHTSA urges owners of 154,000 Jeep plug-in hybrids to park outdoors due to fire risks from faulty battery packs.

FILE PHOTO: Cars are seen parked at the port in Bayonne, New Jersey, U.S., August 21, 2021. REUTERS/Andrew Kelly/File Photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)Labour

European automakers most at risk from US dockworkers strike, analysts say

European automakers face the biggest impact from U.S. East Coast port strikes, risking supply chain disruptions.

Engines assembled as they make their way through the assembly line at the General Motors (GM) manufacturing plant in Spring Hill, Tennessee, U.S. August 22, 2019.  REUTERS/Harrison McClary/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceManufacturingNews

GM’s Q3 US sales fall about two per cent

General Motors' Q3 U.S. vehicle sales dropped 2.2 per cent, with buyers opting for affordable models like the Trax SUV.

FILE PHOTO: A Ferrari logo is being installed on a Ferrari car at Ferrari's new 'e-building' facility where the luxury sportscar maker is testing lines before an expected start of car production in early 2025, in Maranello, Italy, June 21, 2024. REUTERS/Daniele Mascolo/File Photo
AutomotiveElectricityEmissionsManufacturingNatural GasNewsSolarWind

Ferrari shuts down gas-fueled plant to double solar production

Ferrari shuts down methane-fueled plant to double solar power and cut CO2 emissions by 60%.

FILE PHOTO: The logo of a 2024 Jeep Wrangler is seen at the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/Andrew Kelly/File Photo
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNews

Stellantis recalls 194,000 Jeep plug-in hybrids over fire risks

Stellantis recalls 194,000 plug-in hybrid Jeep SUVs due to fire risk, advises owners to park outside until repaired.

A Stellantis assembly worker walks between two 2021 Jeep Grand Cherokee L vehicles on the assembly line at the Detroit Assembly Complex - Mack Plant in Detroit, Michigan, U.S., June 10, 2021. REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNews

European autos stocks wipe off $10 billion after Stellantis warning

European auto stocks dropped four per cent as Stellantis, Volkswagen, and Aston Martin warnings highlight earnings and demand woes.

FILE PHOTO: A BYD electric vehicle charges in a Charging Station in front of the Ministry of Economy building in Brasilia, Brazil October 18, 2023. REUTERS/Adriano Machado/File Photo
AutomotiveElectric Vehicles (EVs)News

Hybrid, electric car sales to outpace rest of the market in Brazil in 2030, study shows

The sales of new fully electric or hybrid cars in Brazil are expected to surpass sales of vehicles run on combustion engines in...

FILE PHOTO: A Volkswagen logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
AnalysisAutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceManufacturingNewsTrade

Volkswagen cuts 2024 outlook on deteriorating macroeconomic environment

Volkswagen cuts its 2024 profit margin outlook again, citing weak demand and a challenging macroeconomic environment.

FILE PHOTO: U.S. and Chinese flags are seen in this illustration, taken January 30, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)NewsPoliticsTrade

Proposed Biden Chinese car tech ban could cut up to 25,000 US auto sales

New U.S. rules on Chinese auto components could cut sales by up to 25,841 vehicles annually and raise prices.

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