News
Brazil unveils subsidized motorcycle credit program for app-based delivery drivers
8+ hour, 59+ min ago (492+ words) BRASILIA, June 12 (Reuters) " Brazil's government on Friday launched a subsidized credit program for app-based delivery drivers to purchase motorcycles, in a fresh move to boost demand and support a part of the workforce that has expanded rapidly in recent years....
Daimler Truck hit by US tariffs and weak North American demand
1+ mon, 1+ week ago (237+ words) May 6 (Reuters) " Daimler Truck's first-quarter operating profit more than halved, hit by historically weak demand and import tariffs "in its North American market, the "German company said on Wednesday. The performance reflected a sharp slowdown in North America, where sales…...
Lucid misses first-quarter vehicle delivery estimates on supplier disruptions
2+ mon, 1+ week ago (288+ words) April 3 (Reuters) " Lucid Group missed expectations for first-quarter vehicle deliveries on Friday, hurt by a temporary sales halt and recall tied to "an unauthorized supplier change. Deliveries of its electric luxury "SUV Lucid Gravity were disrupted for 29 days during the…...
Automakers plan billions in US investments but seek clear trade rules
2+ mon, 1+ week ago (479+ words) By Kalea Hall and David Shepardson NEW YORK, April 1 (Reuters) " Global automakers plan billions of dollars in new U. S. investments to boost production and avoid President Donald Trump's tariffs, but they are awaiting clarity on the status of a North "American…...