Monday, 24 February 2025

Focus on Automotive

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
AutomotiveElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

China ready to defend interests over EU tariffs on EVs

China will take measures to "firmly safeguard" its interests after a report that the EU would impose tariffs of up to 25% on...

A drone view shows BYD electric vehicles before being loaded onto a vehicle carrier for export to Brazil, at the port of Lianyungang in Jiangsu province, China April 25, 2024. China Daily via REUTERS
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsPoliticsRegulationsTradeTransport

EU imposes tariffs of up to 25% on Chinese EVs, FT reports

The EU will notify car makers on Wednesday that it will provisionally apply additional duties of up to 25% on imported Chinese EVs...

FILE PHOTO: An exhaust pipe is seen as a car sitting in traffic approaches the Blackwall Tunnel in London, Britain, November 18, 2020. REUTERS/Simon Dawson/File Photo
AutomotiveBusinessCourtsEmissionsNewsTransport

Carmakers face UK dieselgate lawsuits worth at least $7.6 billion, lawyers say

The claims, brought by owners of diesel vehicles, highlight the ongoing fallout for automakers from a scandal that erupted in 2015 when Volkswagen...

Motorist pass posted gas prices, Monday, June 10, 2024, in San Antonio. Gas prices are once again on the decline across the U.S., bringing some relief to drivers now paying a little less to fill up their tanks. (AP Photo/Eric Gay)
AnalysisAutomotiveEconomyElectric Vehicles (EVs)FuelIn-DepthNewsOilTransport

US gas prices are falling. Experts point to mild demand at the pump ahead of summer travel

Explainer: Why the recent fall in prices at the pump? Industry analysts point to a blend of lackluster demand and strong supply —...

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  REUTERS/David Swanson/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Some Nordic retail brokers allow clients to vote at Tesla AGM

Elon Musk is seeking support from shareholders over his proposed $56 billion pay package

The GM logo is pictured at the General Motors Assembly Plant in Ramos Arizpe, state of Coahuila, Mexico October 7, 2019. REUTERS/Daniel Becerril
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

GM cuts EV production forecast, approves $6 billion share buyback

General Motors cut its annual EV production forecast and announced a new $6 billion share buyback plan on Tuesday, as the automaker banks...

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
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsPoliticsRegulationsTradeTransport

Chinese automakers committed to Europe despite EV tariff probe: industry group

Chinese automakers' plans to invest in Europe won't be deflected by the EU's anti-subsidy probe into Chinese-made EVs, leading association said Tuesday.

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  REUTERS/David Swanson/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

What will happen to Tesla CEO Elon Musk’s $56 billion pay package?

Shareholders vote on Thursday on whether to reinstate CEO Elon Musk's $56 billion pay package. What you need to know about the potential...

New York Governor Kathy Hochul speaks to press after an incident at the Rainbow Bridge U.S. border crossing with Canada, in Niagara Falls, New York, U.S. November 22, 2023.  REUTERS/Lindsay DeDario
AutomotiveEconomyElectric Vehicles (EVs)EmissionsNewsPoliticsPublic TransitTransport

New York transit agency looks for capital cuts after halt to congestion pricing

New York's Metropolitan Transportation Authority said Monday the agency is looking for cuts to capital projects and is concerned about the status of...

FILE PHOTO: Shawn Fain, President of the United Auto Workers (UAW) speaks as U.S. President Joe Biden (not pictured) joins striking members of the United Auto Workers (UAW) on the picket line outside the GM's Willow Run Distribution Center, in Belleville, Wayne County, Michigan, U.S., September 26, 2023. REUTERS/Evelyn Hockstein/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LabourNews

UAW reaches tentative agreement with Ultium Cells at Ohio EV battery plant

The United Auto Workers union said on Monday it reached a tentative contract agreement with Ultium Cells in Lordstown, Ohio, where workers build...

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