Monday, 24 February 2025

Focus on Automotive

FILE PHOTO: Stellantis-backed joint venture Leamotor International showcases Leapmotor C10 SUV in Malpensa, Italy, as it opens order for the model in Europe, September 24, 2024. REUTERS/Giulio Piovaccari/File Photo
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Analysis: Stellantis CEO follows Chinese route to avoid EV tariff ‘trap’

By Nick Carey, Nora Eckert and Joseph White LONDON/DETROIT (Reuters) – Stellantis wants to adopt the low-cost mindset of Chinese EV makers despite...

FILE PHOTO: The corporate logo of Ford is seen at Brussels Motor Show, Belgium January 9, 2020. REUTERS/Francois Lenoir/File Photo
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Ford, GM shares fall after Morgan Stanley analyst downgrade

Ford and GM shares fell five percent as Morgan Stanley downgraded both automakers, citing rising competition and weakening demand.

The Uber logo is shown on the building in Los Angeles, California, U.S., February 14, 2024.  REUTERS/Mike Blake/File Photo
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Uber, Chinese self-driving tech startup announce partnership to launch robotaxis in UAE

Uber Technologies and WeRide announced a partnership on Wednesday to bring the Chinese self-driving technology firm’s vehicles to the rideshare platform, starting in...

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High costs, slowing China: Volkswagen’s perilous road ahead

Volkswagen faces high costs, China competition, and a troubled EV transition, as tense pay talks with unions begin.

FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump holds a campaign rally in Indiana, Pennsylvania, U.S., September 23, 2024. REUTERS/Brian Snyder/File Photo
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Trump says he will put 100 per cent tariffs on every car coming across Mexico border

"We will put a 100% tariff on every single car coming across the Mexican border," Trump said in a speech in Georgia.

FILE PHOTO: People look at the newly unveiled Onvo L60 SUV, the first vehicle of Chinese electric vehicle (EV) maker Nio's new lower-priced brand, in Shanghai, China May 15, 2024. REUTERS/Zoey Zhang/File Photo
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Analysis: Biden’s car-tech ban is a powerful new weapon against Chinese EVs

By David Shepardson, Nora Eckert and Abhirup Roy WASHINGTON/DETROIT (Reuters) -The Biden administration’s proposed ban on Chinese connected-car technology could prove its strongest...

FILE PHOTO: A view shows model TO3 of Leapmotor, a Chinese automobile manufacturer, displayed during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Leonhard Simon/File photo
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China’s Leapmotor and Stellantis open orders in Europe for budget EVs

MILAN (Reuters) -China’s Leapmotor is set to start taking orders in Europe for a city car and an SUV, the automaker and its...

FILE PHOTO: Toyota's logo is seen in their exhibition stall at Bharat Mobility Global Expo organised by India's commerce ministry at Pragati Maidan in New Delhi, India, February 1, 2024. REUTERS/Anushree Fadnavis/File Photo
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Toyota cheated on forklift engine emissions, lawsuit in US claims

Toyota faces a U.S. class action lawsuit accusing the automaker of emissions cheating in nine engines for its forklift trucks.

The Lincoln Nautilus SUV is displayed at the Los Angeles Auto Show in Los Angeles, California U.S. November 29, 2017. REUTERS/Lucy Nicholson/File Photo
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GM, Ford would need to halt Chinese vehicles exports for US under rule: official

A proposed rule may force GM and Ford to stop exporting vehicles from China to the U.S., impacting production plans.

FILE PHOTO: 2021 Jeep Grand Cherokee L vehicles are seen on the final line at the Detroit Assembly Complex - Mack Plant in Detroit, Michigan, U.S., June 10, 2021. REUTERS/Rebecca Cook/File Photo
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Stellantis aims to cut North America inventories by 100,000 by early-2025, CFO says

Stellantis aims to reduce North American inventories by 100,000 vehicles by 2024, cutting 40,000 units so far.

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