Automobiles and Auto Parts (TRBC)

Tesla slashes Model Y SUV price as pandemic weighs on auto sector

Tesla slashes Model Y SUV price as pandemic weighs on auto sector

Published 12/07/2020

(Reuters) - Tesla Inc (TSLA.O) cut the price of its sport utility vehicle Model Y by $3,000, just four months after its launch, as the [more…]

UK new car sales post smaller slump in June

UK new car sales post smaller slump in June

Published 06/07/2020

LONDON (Reuters) - British new car registrations fell by an annual 35% in June, the smallest drop since February, as many dealerships reopened after coronavirus [more…]

Moderate rebound in German industry orders points to slow recovery

Moderate rebound in German industry orders points to slow recovery

Published 06/07/2020

BERLIN (Reuters) - Orders for German industrial goods rose by 10.4% in May, rebounding from their biggest drop since records began in 1991 the previous [more…]

Motor racing: Renault retain Sirotkin as F1 reserve

Motor racing: Renault retain Sirotkin as F1 reserve

Published 30/06/2020

LONDON (Reuters) - Russian Sergey Sirotkin will be on standby in Austria this weekend after Renault announced on Tuesday they had retained him as their [more…]

Hungary ready to help Audi run local plant at full capacity: Orban

Hungary ready to help Audi run local plant at full capacity: Orban

Published 15/06/2020

BUDAPEST (Reuters) - Hungary is ready to give financial support to Audi (NSUG.DE) to help its manufacturing plant in the country run at full operating [more…]

Delta has received approval from Shanghai government to resume flights

Delta has received approval from Shanghai government to resume flights

Published 15/06/2020

BEIJING (Reuters) - Delta Air Lines (DAL.N) has received approval from the Shanghai government to resume flights from June 18, a company spokeswoman said on [more…]

Charging points surge ahead of electric car boom

Charging points surge ahead of electric car boom

Published 15/06/2020

FRANKFURT (Reuters) - The number of publicly accessible charging points for electric vehicles (EV) jumped 60% in 2019, the biggest increase in three years and [more…]

Online used car seller Vroom raises $467.5 million in upsized U.S. IPO

Online used car seller Vroom raises $467.5 million in upsized U.S. IPO

Published 09/06/2020

(Reuters) - Online used car seller Vroom Inc raised $467.5 million in its U.S. initial public offering, the company said on Monday, as the IPO [more…]

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…]