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.

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

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

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.

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.