Auto and Truck Manufacturers (TRBC)

Mitsubishi Motors’ full-year profit slumps 89%

Mitsubishi Motors’ full-year profit slumps 89%

Published 19/05/2020

TOKYO (Reuters) - Mitsubishi Motors Corp (7211.T) on Tuesday posted an 89% drop in annual operating profit in the year ended March as the Japanese [more…]

Thyssenkrupp CEO: No taboos in steel consolidation plans

Thyssenkrupp CEO: No taboos in steel consolidation plans

Published 19/05/2020

FRANKFURT/DUESSELDORF (Reuters) - Thyssenkrupp’s CEO on Tuesday said there were no taboos in plans to consolidate its steel unit, marking a break with tradition under [more…]

Auto industry big part of Italy GDP, fair to back FCA for job creation: minister

Auto industry big part of Italy GDP, fair to back FCA for job creation: minister

Published 19/05/2020

MILAN (Reuters) - The auto industry represents a significant share of Italy’s economy and it is right to support those who create jobs, Deputy Economy [more…]

Tesla’s China car registrations plunge 64% month-on-month in April

Tesla’s China car registrations plunge 64% month-on-month in April

Published 19/05/2020

BEIJING (Reuters) - U.S. electric vehicle maker Tesla Inc (TSLA.O) suffered a slump of 64% in car registrations in China in April on the month, [more…]

Czech car production falls 31.1% in January-April period to 337,497 cars

Czech car production falls 31.1% in January-April period to 337,497 cars

Published 19/05/2020

PRAGUE (Reuters) - Czech car production fell 31.1% year-on-year in the January-April period to 337,497 cars, the Automotive Industry Association said on Tuesday. In April [more…]

Electric car sales to fall, but not as much as other vehicles: research

Electric car sales to fall, but not as much as other vehicles: research

Published 19/05/2020

FRANKFURT (Reuters) - Worldwide electric car registrations are set to fall 18% this year, but those of combustion engine cars are set to drop even [more…]

An easing of coronavirus prevention measures helps China’s auto plants rev up

An easing of coronavirus prevention measures helps China’s auto plants rev up

Published 19/05/2020

YUYAO, China/SHANGHAI (Reuters) - In the eastern Chinese city of Yuyao, a group of five face-masked workers at a Geely auto plant, stood almost shoulder [more…]

Toyota expects profit to drop 80% this year as virus saps car sales

Toyota expects profit to drop 80% this year as virus saps car sales

Published 12/05/2020

TOKYO (Reuters) - Toyota Motor Corp (7203.T) on Tuesday said it expects profit to drop 80% to its lowest in nine years, as Japan’s biggest [more…]

Japan government to offer funding support for auto industry: Suga

Japan government to offer funding support for auto industry: Suga

Published 12/05/2020

TOKYO (Reuters) - Japan’s government will offer a wide range of funding support for the country’s automobile industry, which is facing slumping output due to [more…]

Tesla’s Musk says ready for arrest as he reopens California plant against local order

Tesla’s Musk says ready for arrest as he reopens California plant against local order

Published 12/05/2020

(Reuters) - Tesla Inc (TSLA.O) Chief Executive Elon Musk on Monday said production was resuming at the automaker’s sole U.S. vehicle factory, in California, defying [more…]