Monday, 24 February 2025

Focus on Automotive

FILE PHOTO: Tesla's Model 3 is 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/Angelika Warmuth/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Tesla to fix software in 5,836 imported cars in China, watchdog says

China's market regulator said on Friday that Tesla would fix software in 5,836 imported Model 3, Model S and Model X cars from...

FILE PHOTO: Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, China May 31, 2023. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Norway wealth fund continue ‘constructive dialogue’ with Tesla after AGM

Norway's $1.7tn wealth fund, a top shareholder in Tesla, will continue "a constructive dialogue" with the automaker after its AGM endorsed CEO Elon...

Cars for export are seen at a port in Lianyungang, Jiangsu province, China April 2, 2020. China Daily via REUTERS/File Photo
AutomotiveEconomyElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

Germany says ‘serious movement’ needed from China in EV tariff row

Germany is pushing for what it calls an "amicable" solution after the European Union threatened to impose severe anti-subsidy tariffs to shield European...

FILE PHOTO: The Lightning logo is seen on the side of an all-new Ford F-150 Lightning electric pickup truck outside the Ford Motor World Headquarters in Dearborn, Michigan, U.S., April 26, 2022. REUTERS/ Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Ford walks back EV dealer restrictions to boost sales

Ford Motor Co will soon allow all of its dealers to sell electric vehicles, reversing its more selective allocation system in an effort...

FILE PHOTO: Cars to be exported sit at a terminal in the port of Yantai, Shandong province, China January 10, 2024. China Daily via REUTERS/File Photo
AnalysisAutomotiveBusinessEconomyElectric Vehicles (EVs)In-DepthPoliticsTradeTransport

Which European carmakers are exposed to potential Chinese retaliation for EU tariffs?

Europe's auto industry had warned against imposing the tariffs, with German carmakers the most exposed to any counter moves by China. Other continental...

FILE PHOTO: A view shows a car logo of Chinese automobile manufacturer Chery at a dealership in Vladivostok, Russia, March 22, 2023. REUTERS/Tatiana Meel/File Photo
AutomotiveElectric Vehicles (EVs)NewsPoliticsTransport

China’s Chery Auto: EU factory will help mitigate EV tariffs

Chery said EV production at its recently-acquired Barcelona factory in Spain is expected to start by the end of the year.

FILE PHOTO: A man walks past a logo of Renault during the presentation of the new Renault 5 E-Tech electric car at a pre Geneva show event in Aubervilliers, near Paris, France, February 12, 2024. REUTERS/Gonzalo Fuentes/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceIndustryManufacturingNewsTransport

Renault sets sights on sporty EVs for profit boost

French automaker Renault presented an electric sports car on Thursday, the first in a planned range of premium EVs, which could help it...

FILE PHOTO: Tesla's new Model 3 sedan is seen displayed at the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 2, 2023. REUTERS/Florence Lo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTradeTransport

Tesla expects to hike price of China-made cars in EU due to tariffs

Tesla expects to increase the price of its Model 3 because of import duties to be levied by the E.U. on cars made...

FILE PHOTO: A 3D printed natural gas pipeline is placed in front of displayed ExxonMobil logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
AutomotiveCourtsElectric Vehicles (EVs)FuelNewsOilPoliticsTransport

Largest US oil trade group to sue to block Biden’s EV push

The U.S. Environmental Protection Agency issued new tailpipe emission rules in March that will force the nation's automakers to produce and sell more...

FILE PHOTO: People look on during the reveal event of the Volvo EX30 electric SUV vehicle in Milan, Italy June 7, 2023. REUTERS/Claudia Greco/File Photo
AutomotiveElectric Vehicles (EVs)NewsPoliticsTradeTransport

European auto stocks fall further on concerns over China’s tariff response

According to state news agency Xinhua, Beijing hopes the European Union (EU) will reconsider tariffs on Chinese electric vehicles.

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