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Reuters - vor 16 Stunden

Swedish EV maker Polestar starts U.S. production, avoiding heavy tariffs

Swedish EV maker Polestar starts U.S. production, avoiding heavy tariffs By Abhirup Roy and Marie Mannes Aug 14 (Reuters) - Swedish electric-vehicle (EV) maker Polestar A4N1y.F moved one step further in avoiding major tariffs imposed on Chinese-made cars on Wednesday when the automaker said it began production of its Polestar 3 SUV in the United States.
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Reuters - vor 1 Woche

Brazil's auto production, sales jump in July

Brazil's auto production, sales jump in July SAO PAULO, Aug 7 (Reuters) - Brazil's auto production rose 16.9% in July from June, to 246,721 units, automakers association Anfavea said on Wednesday. Vehicle sales in Latin America's largest economy were up 12.6% month-on-month to 241,336 units. Reporting by Alberto Alerigi Jr., Editing by Andrew Heave
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Reuters - vor 1 Woche

Companies sell their businesses in Russia

FACTBOX-Companies sell their businesses in Russia Adds HSBC, Danone, Hugo Boss, updates Yandex Aug 6 (Reuters) - Some Western companies have sold their Russian assets or handed them over to local managers to comply with sanctions over the war in Ukraine and respond to threats from the Kremlin that it may seize foreign-owned assets. Below are some companies that have sold their businesses in Russia, divided by sector: AUTOS Continental CONG.DE sold its Russian tyre plant to holding company S8 Cap
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Reuters - vor 2 Wochen

Electric motor parts maker EuroGroup Laminations enters India, signs JV in China

UPDATE 1-Electric motor parts maker EuroGroup Laminations enters India, signs JV in China Recasts with deal in India MILAN, Aug 2 (Reuters) - Italian electric motor component maker EuroGroup Laminations EGLA.MI is buying a 40% stake in India's Kumar Precision Stampings, the company said shortly after announcing a preliminary agreement for a strategic electric vehicle sector alliance in China.
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Reuters - vor 2 Wochen

Electric motor parts maker EuroGroup Laminations enters India, signs JV in China

UPDATE 1-Electric motor parts maker EuroGroup Laminations enters India, signs JV in China Recasts with deal in India MILAN, Aug 2 (Reuters) - Italian electric motor component maker EuroGroup Laminations EGLA.MI is buying a 40% stake in India's Kumar Precision Stampings, the company said shortly after announcing a preliminary agreement for a strategic electric vehicle sector alliance in China.
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Reuters - vor 2 Wochen

Italy car sales up 4.66% yr/yr in July - Transport Ministry

BRIEF-Italy car sales up 4.66% yr/yr in July - Transport Ministry Aug 1 (Reuters) - Italy's Transport Ministry says in a statement: ITALY CAR SALES +4.66% IN JULY - TRANSPORT MINISTRY STELLANTIS HELD 28.04% OF ITALY CAR MARKET IN JULY - REUTERS CALCULATIONS Further company coverage: BMWG.DE
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Reuters - vor 2 Wochen

Japan's Nissan, Honda to jointly research software, start talks with Mitsubishi

UPDATE 2-Japan's Nissan, Honda to jointly research software, start talks with Mitsubishi Adds detail in paragraphs 6, 7, 9 and 10 TOKYO, Aug 1 (Reuters) - Japanese automakers Nissan Motor 7201.T and Honda Motor 7267.T have agreed to conduct joint research into technologies for a next-generation software platform, they said in a joint statement on Thursday.
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Reuters - vor 2 Wochen

Renault Korea July Global Sales Up 12.7% Y/Y To 5,447 Vehicles

BRIEF-Renault Korea July Global Sales Up 12.7% Y/Y To 5,447 Vehicles Aug 1 (Reuters) - Renault SA RENA.PA : RENAULT KOREA: JULY GLOBAL SALES UP 12.7% Y/Y TO 5,447 VEHICLES Further company coverage: RENA.PA
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Reuters - vor 2 Wochen

Motor racing-Alpine F1 team appoint Oakes as fifth boss in four years

UPDATE 1-Motor racing-Alpine F1 team appoint Oakes as fifth boss in four years Adds details July 31 (Reuters) - Oliver Oakes was appointed principal of Renault-owned Alpine on Wednesday and will start after the August break as the under-performing Formula One team's fifth boss in four years. The 36-year-old Briton, a former racer and karting champion who founded Hitech Grand Prix competing in various junior series, will be the second youngest team boss in the championship's modern era.
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Reuters - vor 2 Wochen

Motor racing-Alpine F1 team appoint Oakes as principal

Motor racing-Alpine F1 team appoint Oakes as principal July 31 (Reuters) - Oliver Oakes has been appointed principal of Alpine, the Renault-owned Formula One team announced on Wednesday. The 36-year-old Briton, who founded the Hitech Grand Prix outfit competing in various junior series, will start at the Enstone factory after the August break. Repo
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Reuters - vor 2 Wochen

Japan's auto rally betrays global EV anxiety

RPT-BREAKINGVIEWS-Japan's auto rally betrays global EV anxiety The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Updates to add chart. By Katrina Hamlin HONG KONG, July 29 (Reuters Breakingviews) - Japan's latest stock rally underscores the global anxiety over automakers' transition to smarter, cleaner cars. Investors on Monday were quick to react to the news that Mitsubishi Motors 7211.T will join an alliance between Honda Motor 7267.T and Nissan Motor 7201.T
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Reuters - vor 2 Wochen

Japan's auto rally betrays global EV anxiety

BREAKINGVIEWS-Japan's auto rally betrays global EV anxiety The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Updates to add chart. By Katrina Hamlin HONG KONG, July 29 (Reuters Breakingviews) - Japan's latest stock rally underscores the global anxiety over automakers' transition to smarter, cleaner cars. Investors on Monday were quick to react to the news that Mitsubishi Motors 7211.T will join an alliance between Honda Motor 7267.T and Nissan Motor 7201.T , wh
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Reuters - vor 2 Wochen

Mitsubishi Motors' shares up on reports it will join Honda-Nissan partnership

UPDATE 1-Mitsubishi Motors' shares up on reports it will join Honda-Nissan partnership Adds details and context throughout, analyst comments TOKYO, July 29 (Reuters) - Shares in Mitsubishi Motors 7211.T surged on Monday following media reports that the Japanese automaker is in talks to join Nissan's 7201.T and Honda's 7267.T planned strategic partnership.
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Reuters - vor 3 Wochen

Mitsubishi Motors to join Honda-Nissan alliance, Nikkei reports

UPDATE 2-Mitsubishi Motors to join Honda-Nissan alliance, Nikkei reports Adds Nissan comment, background in paragraphs 3 and 7 TOKYO, July 28 (Reuters) - Japan's Mitsubishi Motors 7211.T is set to join an alliance between Honda Motor 7267.T and Nissan Motor 7201.T , creating a tie-up between automakers with combined sales of more than 8 million vehicles, the Nikkei newspaper said on Sunday.
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Reuters - vor 3 Wochen

Motor racing-Alpine F1 principal Famin to leave at end of August

UPDATE 1-Motor racing-Alpine F1 principal Famin to leave at end of August Renault to have fifth F1 team boss since start of 2021 Famin to leave role at end of August Frenchman replaced Otmar Szafnauer a year ago Adds detail July 26 (Reuters) - The Renault-owned Alpine Formula One team are set for their fifth boss in four years after announcing the departure in August of principal Bruno Famin .
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Reuters - vor 3 Wochen

Motor racing-Famin to leave team principal role at Alpine

Motor racing-Famin to leave team principal role at Alpine July 26 (Reuters) - The Alpine Formula One team have confirmed that Bruno Famin will leave his current team principal role of the F1 division by the end of August. Bruno will be in charge of all other motorsport activities of the Renault Group at Viry-Chatillon. A new team principal will be announced in due course.
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Reuters - vor 3 Wochen

Greencore, UCB, Unilever

EUROPE RESEARCH ROUNDUP-Greencore, UCB, Unilever July 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Greencore, UCB, and Unilever, on Friday. HIGHLIGHTS * Greencore GNC.L : HSBC raises target price to 190p from 160p * Lonza Group AG LONN.S : JP Morgan raises target price to CHF 645 from CHF 600 * Sartorius Stedim Biotech STDM.PA : HSBC cuts target price to EUR 310 from EUR 360 * UCB SA UCB.BR : TD Cowen raises target price to E
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Reuters - vor 3 Wochen

US market proves a headache for global carmakers

WRAPUP 4-US market proves a headache for global carmakers Adds Honda comments in paragraphs 8-10 Stellantis, Nissan profits hit by problems in U.S. market Shares hit by poor results Ford's EV business weights on earnings Stellantis ready to axe unprofitable brands By Nick Carey and Nora Eckert LONDON/DETROIT, July 25 (Reuters) - Problems in the highly competitive U.S.
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Reuters - vor 3 Wochen

European shares fall as earnings deluge disappoints

UPDATE 2-European shares fall as earnings deluge disappoints STOXX 600 down 0.7% Universal Music Group slumps as streaming growth disappoints Kering down after weak H2 forecast Besi tumbles as Q3 outlook disappoints Unilever gains after H1 profit beat Updated at 1600 GMT By Pranav Kashyap and Shashwat Chauhan July 25 (Reuters) - European shares closed lower on Thursday as a slate of downbeat earnings reports in several sectors including tech and luxury weighed, while a global run for safe haven
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Reuters - vor 3 Wochen

Renault shares take hit after Nissan and Stellantis results

BUZZ-Renault shares take hit after Nissan and Stellantis results ** Shares in Renault RENA.PA are down 8.2% amid the results of Nissan 7201.T and Stellantis STLAM.PA , as the French carmaker posted H1 results marginally ahead of consensus ** Earlier today, Nissan Motor 7201.T saw Q1 profit almost completely wiped out and slashed its annual outlook,
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