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News
Thousands of Audi workers protest over threatened plant closure
8+ hour, 30+ min ago (409+ words) By Frank Simon and Andreas Buerger NECKARSULM, Germany, July 29 (Reuters) – Thousands of Audi workers demonstrated on Wednesday against the possible closure of the German automaker’s Neckarsulm plant as parent Volkswagen pushes ahead with a group overhaul expected to include tens…...
Kia to invest $649 million to bring electric car production to Mexico
6+ hour, 15+ min 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…...
Porsche to axe one in five jobs by 2035 as China, EV woes bite
2+ day, 7+ hour ago (400+ words) By Rachel More and Ilona Wissenbach BERLIN, July 27 (Reuters) – German luxury carmaker Porsche will cut around one in five jobs by 2035, with 9,000 positions to be axed in total, as parent Volkswagen and its brands restructure in the face of weak…...
Ford to recall more than 565,000 US vehicles over engine compartment fire risk
5+ day, 12+ hour ago (127+ words) WKZO Ford to recall more than 565,000 US vehicles over engine compartment fire risk July 24 (Reuters) – Ford is recalling 565,691 vehicles in the U.S. as the engine compartment wiring harness may become damaged and short circuit, the National Highway Traffic Safety…...
Daimler Truck raises profit forecast on tariffs and North America sales
1+ week, 3+ hour ago (103+ words) WKZO Daimler Truck raises profit forecast on tariffs and North America sales July 22 (Reuters) – Daimler Truck, one of the world’s biggest truckmakers, raised its full-year adjusted operating profit forecast on Wednesday, citing an updated tariff framework and higher expected sales…...
Airbus says seeking more Pratt jet engines in 2027
1+ week, 1+ day ago (120+ words) WKZO Airbus says seeking more Pratt jet engines in 2027 FARNBOROUGH, England, July 21 (Reuters) – Airbus said on Tuesday it was pushing for more engines from Pratt & Whitney for 2027 following a tug of war with airlines over supplies and hoped to receive…...
Pratt & Whitney says engine maintenance disruption easing
1+ week, 1+ day ago (147+ words) WKZO 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 had…...
GE Aerospace unveils breakthrough in hybrid-electric flight
1+ week, 2+ 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…...
Chinese car sales in Mexico surge despite new tariffs
1+ week, 2+ 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…...
Truckmaker Volvo’s second-quarter profit rises, North America orders jump
1+ week, 5+ day ago (371+ words) STOCKHOLM, July 17 (Reuters) – Swedish truckmaker Volvo Group reported on Friday a 35% rise in second-quarter profit and said order intake in North America more than doubled after years of sluggish demand. Volvo, one of the world’s biggest makers of trucks, buses…...