MADRID (Reuters) – Spanish factory activity expanded in July, rebounding from its worst slowdown in almost 12 years as the economy revived after the government ended one of Europe’s strictest coronavirus lockdowns a month earlier, a survey showed on Monday. In... More »
LONDON (Reuters) – British new car registrations fell by an annual 35% in June, the smallest drop since February, as many dealerships reopened after coronavirus lockdown measures were lifted. A total of 145,377 new cars were registered in June, leaving year-to... More »
FRANKFURT (Reuters) – Worldwide electric car registrations are set to fall 18% this year, but those of combustion engine cars are set to drop even faster, analysts BloombergNEF (BNEF) said on Tuesday, as the automotive sector is hammered by the coronavirus cri... More »
LONDON (Reuters) – A group representing Britain’s car industry cut its sales forecast for this year by 23% to 1.73 million vehicles because of the impact of the coronavirus crisis. The figure represented a 25% fall from the number of new car registrations in 2... More »
BEIJING/SHANGHAI (Reuters) – Automakers in China need to get used to a new normal of “low speed growth” in the world’s largest car market, the country’s top auto body said on Monday, as it reiterated predictions that sales will likely shrink for the third cons... More »
FRANKFURT (Reuters) – Germany’s car industry is to invest nearly 60 billion euros ($68 billion) over the next three years on electric cars and automated driving, the head of the VDA car industry association said ahead of the Geneva motor show. “We will invest ... More »
Emblems of German luxury car maker BMW are pictured in a box at the BMW factory in Dingolfing near Munich November 15, 2006. REUTERS/Michael Dalder/File Photo Daimler’s (DAIGn.DE) Mercedes-Benz is on track to overtake rival BMW (BMWG.DE) to take the title of t... More »
A vintage wheelcap of a BMW is picturesd before a news conference marking the company’s 100th birthday festivities in Munich, southern Germany March 7, 2016. REUTERS/Michael Dalder/File Photo BMW wants to boost sales of electric cars by two-thirds next year to... More »
BERLIN Audi (VOWG_p.DE) sold 2.3 percent more cars in July on growing demand for the redesigned top-selling A4 saloon, though kept trailing behind German luxury rivals BMW (BMWG.DE) and Mercedes-Benz (DAIGn.DE). Audi’s global sales increased to 149,400 cars an... More »
DETROIT Sales of German carmakers including Volkswagen <VOWG_p.DE>, Daimler and BMW in the United States may hold steady this year, the VDA auto industry association said on Monday. U.S. deliveries of German manufacturers may come in at about 1.4 million cars... More »
