BUZZ-HSBC says European truck market sentiment has bottomed out, improvement to come ** HSBC says truck market sentiment has bottomed out and should improve in the coming quarters and into H1 2025 ** It points to policy easing, relatively low levels of order cancellations, and normalised lead times and used values as reasons for the expected improv

Polestar posts further loss, hit by demand slowdown and delay in car launches STOCKHOLM, Aug 29 (Reuters) - Polestar PSNY.O posted a second quarter operating loss on Thursday, a day after the Swedish electric vehicle (EV) maker replaced its CEO amid funding issues and flagging sales. The luxury car maker has struggled like other EV startups to become profitable, hindered by extensive delays to model launches, missed delivery goals and higher costs.

UPDATE 4-EV maker Polestar taps industry veteran as CEO to shake-up faltering business Adds shares and background in paragraph 2 By Marie Mannes STOCKHOLM, Aug 28 (Reuters) - Polestar PSNY.O> will replace long-serving CEO Thomas Ingenlath with a former boss of Opel and EV startups as the company fights to shake up its business after years of delayed model launches, missed delivery targets and further separation from Volvo Cars.

Auto File-Ford slows its EV roll  Aug 27 - By Nick Carey , European Autos Correspondent Greetings from London! The auto industry’s summer of trade barriers continues, as Canada joined the club this week with a 100% tariff on imported Chinese-made electric vehicles, similar to one announced next door by the Biden administration. In the short term the tariffs will mostly affect Tesla’s imports into Canada, but they also send a clear message to Chinese automakers like BYD, which wants to enter

BUZZ-GS sees slowing sales for truckmakers, cuts Daimler Truck to 'neutral' ** Goldman Sachs sees slowing end market demand for truckmakers and cuts its 2025 delivery estimates by about 10% on average for Daimler Truck DTGGe.DE , Traton 8TRA.DE and Volvo VOLVb.ST ** The deceleration seems to be driven above all by the U.S., the broker says ** It cuts Daimler Truck to "neutral" from "buy", noting its exposure to the U.S.; stock down 0.8% at 1118 GMT ** "We see risks of Daimler cutting guidance ag