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Tariffs offer poor airbag for Europe’s carmageddon

BREAKINGVIEWS-Tariffs offer poor airbag for Europe’s carmageddon The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Neil Unmack LONDON, July 15 (Reuters Breakingviews) - The cavalry has arrived, but try telling that to European carmakers. Volkswagen VOWG_p.DE , Renault RENA.PA and others still have miserable valuations despite Brussels threatening China with electric-vehicle penalties.
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Saudi Aramco set to raise $6 billion from three-part bonds

UPDATE 2-Saudi Aramco set to raise $6 billion from three-part bonds Updates with size, final spreads, demand in paragraphs 1-3 By Yousef Saba, Federico Maccioni and Hadeel Al Sayegh DUBAI, July 10 (Reuters) - Saudi Aramco 2223.SE expects to raise $6 billion from its three-part bond sale on Wednesday, the oil giant's first foray into the debt markets in three years, a document showed.
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BYD’s overseas road trip offers EU new tariffs map

RPT-BREAKINGVIEWS-BYD’s overseas road trip offers EU new tariffs map The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Katrina Hamlin HONG KONG, July 9 (Reuters Breakingviews) - BYD's 002594.SZ , 1211.HK drive into Turkey and Thailand could help Brussels find an alternative way to think about electric-vehicle tariffs.
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BYD’s overseas road trip offers EU new tariffs map

BREAKINGVIEWS-BYD’s overseas road trip offers EU new tariffs map The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Katrina Hamlin HONG KONG, July 9 (Reuters Breakingviews) - BYD's 002594.SZ , 1211.HK drive into Turkey and Thailand could help Brussels find an alternative way to think about electric-vehicle tariffs.
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Saudi Aramco returns to debt market with three-tranche dollar bond sale

UPDATE 3-Saudi Aramco returns to debt market with dollar bond sale Adds background throughout, quotes in paragraphs 8 and 12 July 9 (Reuters) - Saudi state oil giant Aramco 2222.SE made its return to the debt market on Tuesday after a three-year hiatus, joining top companies and governments in the Gulf that have tapped markets this year to fund investments.
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Motor racing-Wolff says Mercedes open-minded on F1 engines for Alpine

Motor racing-Wolff says Mercedes open-minded on F1 engines for Alpine By Alan Baldwin SILVERSTONE, England, July 5 (Reuters) - Mercedes have told Renault-owned Alpine they are 'open-minded' on supplying Formula One power units from 2026 should the French manufacturer decide not to make its own, team boss Toto Wolff said on Friday. Renault are known to be assessing their future as an engine manufacturer, with a new era starting in 2026 and requiring hefty investment.
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Renault Joins New Energies, Coalition For Transport And Logistics

BRIEF-Renault Joins New Energies, Coalition For Transport And Logistics July 5 (Reuters) - Renault SA RENA.PA : JOINS NEW ENERGIES, COALITION FOR TRANSPORT AND LOGISTICS Source text: https://tinyurl.com/49hnn5d9 Further company coverage: RENA.PA (Gdansk Newsroom)
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EU Trade Chief sees no reason for Chinese retaliation over provisional duties on EV imports

EU Trade Chief sees no reason for Chinese retaliation over provisional duties on EV imports BRUSSELS, July 4 (Reuters) - There is no basis for China to retaliate after the EU said it will impose tariffs of up to 37.6% on imports of electric vehicles made in China, EU trade chief Valdis Dombrovskis said on Thursday in an interview with press agency Bloomberg.
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Russia's 2024 car sales forecast raised to 1.45 mln units, AEB says

UPDATE 1-Russia's 2024 car sales forecast raised to 1.45 mln units, AEB says This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine Rewrites to add detail throughout MOSCOW, July 3 (Reuters) - Russian car sales in 2024 are expected to be higher than previously forecast, according to the Association of European Businesses (AEB), which said the market had reacted better than expected to challenges around imports and high interest rates.
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Russian car sales seen at 1.45 mln units in 2024, AEB says

Russian car sales seen at 1.45 mln units in 2024, AEB says MOSCOW, July 3 (Reuters) - The Association of European Businesses (AEB) has raised its forecast for Russian car sales in 2024 to 1.45 million units. In January, the AEB had predicted that new passenger car sales in Russia would increase by 15% year-on-year to reach 1.3 million units. Report
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Auto File: Chinese To Russia With Love

Auto File: Chinese EVs - To Russia With Love July 2 - By Nick Carey European Autos Correspondent nick.carey@thomsonreuters.com Greetings from London! Thursday will see a fiesta of more costly grilling and fireworks across the pond as Americans celebrate July 4, by when car industry technology provider CDK has promised to have U.S. car dealers back on management system, two weeks after a cyberattack.
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Geely looks ready to ride tariffs storm

BREAKINGVIEWS-Geely looks ready to ride tariffs storm The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Katrina Hamlin HONG KONG, July 2 (Reuters Breakingviews) - Geely Auto 0175.HK is motoring along nicely at just the right time. On Friday the $11 billion carmaker controlled by founder and Chair Li Shufu revealed that it more than doubled earnings in the first quarter to $220 million.
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch July 2 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. CARREFOUR CARR.PA Sees more upside from Cora and Match acquisition ELIS ELIS.PA Announced The Acquisition Of Wonway In Malaysia RENAULT RENA.PA EV unit Ampere to bet on LFP technology for EV batteries THALES TCFP.PA Increased Rocket Production In Belgium Pan-European market data: European Equities
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Renault's EV unit Ampere teams up with LGES, CATL on battery technology

UPDATE 2-Renault's EV unit Ampere teams up with LGES, CATL on battery technology Adds details on LGES deal in paragraphs 7-9, LGES share performance in final paragraph PARIS/SEOUL, July 1 (Reuters) - Renault's RENA.PA electric vehicle unit Ampere said on Monday it would include lithium iron phosphate (LFP) technology in its plans to mass produce EVs, teaming up with LG Energy Solution (LGES) 373220.KS and CATL 300750.SZ to build a supply chain in Europe.
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Italy car sales up 15.02% in June - Transport Ministry

BRIEF-Italy car sales up 15.02% in June - Transport Ministry July 1 (Reuters) - Italy's Transport Ministry says in a statement: ITALY CAR SALES +15.02% IN JUNE - TRANSPORT MINISTRY STELLANTIS HELD 30.04% OF ITALY CAR MARKET IN JUNE - REUTERS CALCULATIONS Further company coverage: STLAM.MI Reporting by Milan Newsroom
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Renault's EV unit Ampere to bet on LFP technology for EV batteries

Renault's EV unit Ampere to bet on LFP technology for EV batteries PARIS, July 1 (Reuters) - Renault's EV unit Ampere on Monday said it would include the lithium iron phosphate (LFP) technology in its plans to mass produce electric vehicles, teaming up with suppliers LG Energy Solutions and CATL to build a supply chain in Europe. Western Automakers are under pressure to expand their range of chemical battery technologies to meet the needs of all market segments amid fierce competition from their
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Renault Korea June Global Sales Up 23.4% Y/Y To 9,002 Vehicles

BRIEF-Renault Korea June Global Sales Up 23.4% Y/Y To 9,002 Vehicles July 1 (Reuters) - Renault SA RENA.PA : RENAULT KOREA: JUNE GLOBAL SALES UP 23.4% Y/Y TO 9,002 VEHICLES Further company coverage: RENA.PA
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch July 1 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. FRENCH ELECTION: Marine Le Pen's far-right National Rally (RN) party scored historic gains to win the first round of France's parliamentary election on Sunday, exit polls showed, but the final result will depend on days of horsetrading before next week's run-off.
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French car registrations down 4.79 pct in June - Federation

BRIEF-French car registrations down 4.79 pct in June - Federation July 1st (Reuters) - FRENCH CAR REGISTRATIONS DOWN 4.79 PERCENT IN JUNE - FEDERATION
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Motor racing-Russell gifted Austrian win after Verstappen, Norris collide

UPDATE 2-Motor racing-Russell gifted Austrian win after Verstappen, Norris collide Verstappen extends overall lead despite finishing fifth Piastri second for McLaren, Ferrari's Sainz third Norris retires in the pits with damaged car Adds details June 30 (Reuters) - Mercedes' George Russell celebrated a surprise Austrian Grand Prix win on Sunday after Red Bull's triple world champion Max Verstappen and McLaren's Lando Norris collided late in the race while fighting for the lead.
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