9+ hour, 21+ min ago   (319+ words) Aug 7 (Reuters) – Daimler Truck reported weaker-than-expected quarterly orders across business areas on Friday, which overshadowed upbeat comments on profitability at its North American arm and sent the truck ​maker’s shares 4% lower. The owner of U.S. truck brand ‌Freightliner said…...

1+ week, 1+ day ago   (251+ words) MEXICO CITY, July 29 (Reuters) – South Korea’s Kia will produce and sell fully electric vehicles in Mexico, managing director for ​the company Horacio Chavez said on ‌Wednesday. The car manufacturer will invest $649 million in Mexico, Chavez added during President Claudia Sheinbaum’s…...

2+ week, 3+ day ago   (148+ words) whbl.com Pratt & Whitney says engine maintenance disruption easing FARNBOROUGH, England, July 21 (Reuters) – Jet engine maker Pratt & Whitney said on ​Tuesday that the number of aircraft grounded as a result of engine-related issues had fallen 40% from an ​unspecified peak and…...

2+ week, 4+ day ago   (423+ words) By Tim Hepher and Shivansh Tiwary FARNBOROUGH, England, July 20 (Reuters) – GE Aerospace has carried out the world’s first high-altitude flight assisted by hybrid-electric propulsion, it said on Monday, part of an arsenal of technologies for future ​jet engines being showcased…...

2+ week, 4+ day ago   (550+ words) MEXICO CITY, July 20 (Reuters) – Mexican sales of Chinese-brand vehicles jumped nearly 30% in the first six months of the year despite steep tariffs imposed in January that were intended to slow the rise of Asian imports, according to a sales report…...

4+ week, 13+ hour ago   (374+ words) BERLIN, July 10 (Reuters) – German carmakers’ sales collapsed further in China during the second quarter, as a protracted slowdown in the world’s biggest auto market cranked up the pressure on ​legacy brands in a bruising battle with local competitors. Volkswagen, Mercedes-Benz…...

4+ week, 11+ hour ago   (187+ words) July 10 (Reuters) – Volkswagen reported a 8.6% decline in global deliveries in the second quarter on Friday, ​as a sharp drop in ‌China outweighed gains in North America and Western Europe. Deliveries in China, the automaker’s largest market, fell 36.6% during the quarter, ‌while…...

4+ week, 11+ hour ago   (121+ words) July 10 (Reuters) – BMW reported a 4.9% decline in global vehicle ​deliveries in the ‌second quarter on Friday, hit by a sharp drop in sales in ‌China. • ​The group ⁠sold 590,962 vehicles ⁠in the quarter • In China, deliveries plunged 30.2% year-on-year in the ​second quarter…...

1+ mon, 6+ day ago   (254+ words) By Christoph Steitz and Rachel More FRANKFURT, July 1 (Reuters) – Volkswagen’s plans to drastically ramp up cost cuts are a “wake-up call” for the ​European automotive industry as Chinese carmakers ‌target a higher market share, BYD’s special advisor for the region…...

1+ mon, 1+ week ago   (250+ words) June 27 (Reuters) – U.S. safety regulators said on Saturday they had closed their probe into Tesla vehicles over power steering loss, in ​view of a company recall which ‌was carried out last year. The National Highway Traffic Safety Administration (NHTSA) said…...