8+ hour, 4+ min ago   (372+ words) By Rachel More and Christina Amann DRESDEN, Germany, Aug 31 (Reuters) – Volkswagen’s workers, management and political leaders must work together to minimise the impact of job and capacity cuts at Europe’s biggest automaker ​and boost its competitiveness, the state leader of…...

1+ day, 23+ hour ago   (464+ words) Aug 29 (Reuters) – General Motors plans to assemble a heavy-duty pickup at an Ontario plant as part of a tentative deal with a key union that would pump C$1.1 billion ($791.31 million) into Canada’s auto sector as it reels ​from U.S. tariffs,…...

2+ week, 4+ day ago   (210+ words) Aug 13 (Reuters) – Global demand for electric vehicles rose for a fifth consecutive month in July, driven by ​robust growth in Europe while sales ‌weakened in China and North America, data from consultancy Benchmark Mineral Intelligence showed on Thursday. Sales of…...

3+ week, 3+ day ago   (355+ words) Aug 7 (Reuters) – Airbnb shares rose 9% in premarket trading on Friday as the vacation-rental firm’s raised annual revenue forecast eased worries over the fallout on global travel demand from ​the conflict in the Middle East. As the war in Iran ‌enters…...

1+ mon, 2+ day ago   (448+ words) PARIS, July 29 (Reuters) – Renault posted a 9.4% rise in first-half revenue on Wednesday and swung back to profit thanks to strong electric vehicle sales, as it withstood growing pressure from incumbent rivals and Chinese newcomers ​on car prices across Europe. Renault said…...

1+ mon, 2+ 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…...

1+ mon, 1+ week 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…...

1+ mon, 2+ week ago   (63+ words) KELO-AM Truckmaker Volvo’s Q2 operating profit rises, orders jump STOCKHOLM, July 17 (Reuters) – ​Swedish truckmaker Volvo Group reported ​on ⁠Friday a ⁠rise in second-quarter operating ​profit ⁠that ⁠roughly ​matched expectations ​and said its truck order ⁠intake increased by ⁠33% from ⁠a ​year earlier....

1+ mon, 2+ week ago   (117+ words) KELO-AM Volvo Cars posts smaller profit for the second quarter STOCKHOLM, July 17 (Reuters) – Sweden’s Volvo Cars on Friday ​reported a decline in profits for the second quarter compared with the ​first three ⁠months while ⁠the automaker hopes to speed up…...

1+ mon, 2+ week ago   (237+ words) BERLIN, July 16 (Reuters) – The European Union should consider raising tariffs on cars made in China to increase pressure on Chinese ​automakers to partner with European manufacturers ‌such as Volkswagen, a minister in the German state of Saxony, home to a…...