Keyword "AUT" - List of latest news (3 329 results)

08:17 Exclusive: China EV giant BYD reboots Europe operations after strategic stumbles, sources say

China's leading EV maker BYD is overhauling its European operations after strategic missteps including failures to sign up enough dealers and hire executives with local-market knowledge and to offer hybrids in markets resistant to fully electric vehicles, six current and former BYD executives said.

07:41 Trade war and safety concerns take centre stage at Shanghai auto show

China's annual major auto shows have become a showcase for the rise of ever-cheaper, better-performing electric vehicles and more confident local brands in the world's biggest market for cars.

07:41 Mercedes CEO urges EU to find equitable solution to China-made EV tariff dispute

Mercedes-Benz CEO Ola Källenius said on Wednesday the German automaker was urging the European Union to find an "equitable solution" to create a level-playing field for China-made electric vehicles in Europe.

04:21 South Korea to seek speedy solution on auto tariffs in US trade talks

South Korea's Industry Minister Ahn Duk-geun said on Wednesday that Seoul will seek a speedy solution over auto tariffs in trade talks with U.S. counterparts and is also prepared for the prospect of Washington bringing up the issue of defence costs.

03:43 Focus: Hyundai Steel's $6 bln US investment draws investor ire, tests Seoul's tariff strategy

In late March, as investors kept hammering Hyundai Steel shares after the South Korean steelmaker announced a $6 billion investment in the U.S., the company organised a call with a dozen investors to calm nerves over the project that lacked detailed funding plans.

03:43 Musk says Tesla's Optimus humanoid robots affected by China's export curbs on rare earths

Tesla CEO Elon Musk said on Tuesday that the production of its Optimus humanoid robots had been affected by China's export restrictions of rare earth magnets.

03:41 Bessent sees de-escalation in US-China trade tensions, talks to be 'a slog'

U.S. Treasury Secretary Scott Bessent said on Tuesday that he believes there will be a de-escalation in U.S.-China trade tensions, but negotiations with Beijing have not yet started and would be a "slog," according to a person who heard his closed-door presentation to investors at a JP Morgan conference.

01:33 Tesla CEO Elon Musk dreams big but often delivers late

Tesla CEO and billionaire entrepreneur Elon Musk has a long history of making ambitious promises and often delivering late. Many of his biggest ideas are still in the works.

22:56 Tesla's first-quarter auto margin beats estimates, but revenue misses

Tesla reported better-than-expected profitability for its auto business in the first quarter but revenue fell short of expectations as sales of its electric vehicles dropped.

21:54 Democratic state treasurers raise concerns over Musk's lack of focus on Tesla

Treasurers of seven U.S. states have raised concerns about Tesla CEO Elon Musk's lack of focus on the electric vehicle maker, given its significance in regional industries, innovation and employment.

21:54 Tesla shorts up $11.5 billion for the year with positioning bearish

Tesla short sellers are up an estimated $11.5 billion for the year-to-date and positioning is bearish going into the electric vehicle maker's quarterly results due after market close, according to the latest report from S3 Partners.

22/04 Breakingviews - Why a defence boss could boost Europe’s revival

How to spend 640 billion euros? That’s the amount that European governments, including Britain, would pour each year into their militaries if they make good on their stated intention to beef up defence spending to 3% of GDP. Finding the money is the immediate challenge, given weak growth and heavy debt loads in many countries. A longer-term task is making sure that all the extra investment follows

22/04 China's Nio delays Europe launch of Firefly EV to third quarter

China's Nio said on Tuesday it would launch its Firefly electric vehicle in Europe in the third quarter, later than initially forecast, after it underestimated challenges involved in sales and service network expansions in the region.

22/04 Tesla settles wrongful death lawsuit claiming sudden acceleration in Ohio crash

Elon Musk’s electric vehicle company Tesla has agreed to settle a wrongful death lawsuit filed by the estate of a man who was killed in 2021 after his Tesla crashed and caught fire near Dayton, Ohio.

21/04 China's CATL launches new sodium-ion battery brand

China's CATL on Monday launched a new brand for its sodium-ion batteries, Naxtra, which it said would go into mass production in December, and a second generation of its fast-charging battery for electric cars.

21/04 Republican lawmakers face clean-energy conundrum as they work on tax bill

Major clean energy investments in their districts are at odds with Trump's skepticism of the industry.

21/04 At China auto show, EV makers to grapple with autonomous-tech crackdown, launch Tesla 'killers'

More than 70 Chinese and international automotive brands will showcase more than 100 new or refreshed models at the Shanghai auto show this week, intensifying already cutthroat competition in the world's premier market for electric vehicles and hybrids.

20/04 Japan seeks 'fairness' in currency talks with US, Prime Minister Ishiba says

Trump accused Tokyo of intentionally weakening the yen to give its exporters an unfair advantage.

19/04 Wall St Week Ahead Busy US earnings week confronts market grappling with tariff fallout

A heavy slate of U.S. company results in the coming week will test a stock market shaken by a U.S. trade policy overhaul that upended the outlook for the global economy and corporate America.

19/04 Buick finally had cars Americans wanted to buy - then came tariffs

Buick’s three most popular models are made outside the U.S. That means all three are now subject to stiff tariffs that could add thousands to sticker prices on dealer lots in the U.S.

18/04 Ford halts shipments of vehicles to China amid tariffs

Ford Motor said on Friday it has halted shipments of its SUVs, pick-up trucks and sports cars to China, as it starts to face the heat from retaliatory tariffs that have seen vehicles face taxes as high as 150%.

18/04 Tesla settles Black employee's lawsuit alleging pervasive harassment

Tesla has settled a racial discrimination lawsuit by a Black female employee who claimed a manager at its Fremont, California, plant sometimes greeted workers by saying "welcome to the plantation" or "welcome to the slave house."

18/04 Exclusive: Tesla to delay US launch of affordable EV, a lower-cost Model Y, sources say

Tesla's much-awaited plans for an affordable car include a stripped-down version of its best-selling electric SUV, the Model Y, that will be made in the United States, but the production launch has been delayed, three sources with knowledge of the matter told Reuters.

18/04 Horner says Verstappen will be at Red Bull in 2026

Max Verstappen will be racing for Red Bull next season and there is no crisis at the Formula One team, principal Christian Horner said on Friday as speculation swirled about the champion's future.

18/04 Wall Street may be past the worst of the tariff sell-off. Market volatility is likely to remain

Investors wrapped up yet another turbulent week, with all three major averages posting losses.

18/04 Exclusive: Toyota weighs adding US production of new RAV4 in response to tariffs, sources say

Toyota is considering producing the next version of its top-selling RAV4 SUV in the United States, three people familiar with the matter said, becoming the latest automaker to rethink supply chains to lessen the hit from U.S. tariffs on imported vehicles.

18/04 Ford recalls more than 148,000 vehicles, NHTSA says

Ford Motor is recalling more than 148,000 vehicles in the United States as part of two recalls, the National Highway Traffic Safety Administration said on Thursday.

18/04 Tesla speeds up odometers to avoid warranty repairs, US lawsuit claims

Tesla faces a proposed class action claiming it speeds up odometers on its electric vehicles so they fall out of warranty faster, saving Elon Musk's company from having to pay for repairs.

17/04 Russian barriers to re-entry stymie prospects of Western companies' return

Three months after U.S. President Donald Trump returned to the White House promising a swift end to the conflict in Ukraine and sparking an early flurry of excitement that Western companies could come flooding back to Russia, realism has set in.

17/04 Forvia on track to mitigate full exposure to US tariffs, CEO says

Forvia has so far mitigated about 50% of its estimated exposure to U.S. tariffs and is on track to cover the rest, the French automotive supplier's CEO Martin Fischer said in a call on Thursday.

17/04 China bans 'smart' and 'autonomous' driving terms from vehicle ads

China is banning automakers from using the terms "smart driving" and "autonomous driving" when they advertise driving assistance features, and it will tighten scrutiny of such technology upgrades.

17/04 Japan's exports expand in March as US tariffs feared to hit economy broadly

Japan's exports rose for a sixth straight month in March, data showed on Thursday, as the threat of sweeping U.S. tariffs drove Japanese companies to ramp up shipments while sparking concerns about the outlook of the country's export-reliant economy.

17/04 Ford Motor may hike prices if Trump's auto tariffs persist, memo says

Ford Motor may raise prices on its new vehicles if U.S. President Donald Trump's auto tariffs continue, according to a memo sent to dealers on Wednesday that was reviewed by Reuters.

16/04 Trump's trade war ripples through the business world, hits stocks again

The ripple effects of Donald Trump's global trade war are increasingly being felt across numerous industries all at once and on Wednesday were once again exerting pressure on U.S. stock markets that have been roiled for weeks by his erratic trade policies.

16/04 Tesla's quarterly EV registrations slump 15% in key market California

Tesla's electric-vehicle registrations in California dropped 15.1% during the first quarter, industry data showed, signaling an accelerated decline and growing challenges for the Elon Musk-led automaker in its biggest U.S. market.

16/04 US retail sales surge in March due to motor vehicle buying ahead of tariffs

Households boosted purchases of motor vehicles ahead of tariffs, though concerns about the economic outlook are hurting discretionary spending.

16/04 Ferrari prepared for years for its first EV, chairman says

Ferrari has been preparing for years for electrification, starting with Formula One powertrains, as it nears the launch of its first fully electric (EV) model in October, Chairman John Elkann said on Wednesday.

16/04 China's Xpeng says it reviewed supply chain to insulate it from tariff turmoil

Chinese electric vehicle maker Xpeng said on Wednesday that it had done a "thorough analysis" of its supply chain to ensure it would not be impacted by the current turmoil caused by U.S. President Donald Trump's tariffs and tensions with China.

16/04 Exclusive: Trump's tariffs on Chinese parts for Cybercab, Semi disrupt Tesla's US production plans, source says

Elon Musk has been touting the models as major innovations.

16/04 Trump orders tariff probe on all US critical mineral imports

U.S. President Donald Trump on Tuesday ordered a probe into potential new tariffs on all U.S. critical minerals imports, a major escalation in his dispute with global trade partners and an attempt to directly rebuke industry leader China.

15/04 Brazil auto market offers warning for US tariff policy

When Brazil hiked trade barriers in its auto market over a decade ago, the government promised more local manufacturing, reliable jobs and better cars.

15/04 Canadian universities report jump in US applicants as Trump cuts funding

More students living in the United States are applying to Canadian universities or expressing interest in studying north of the border as U.S. President Donald Trump cuts federal funding to universities and revokes foreign student visas.

15/04 Vettel hails self-critical Norris as 'real role model'

Four-times world champion Sebastian Vettel praised Lando Norris as a "real role model" on Tuesday and said the Formula One leader's open self-criticism was a strength rather than weakness.

15/04 Team ownership could be next F1 step for Saudi Arabia

Owning a Formula One team could be the next step for Saudi Arabia after sponsoring the sport and hosting a grand prix, according to the chairman of the kingdom's automobile and motorcycle federation.

15/04 Here are Tuesday's biggest analyst calls: Nvidia, Apple, Tesla, Nike, Costco, Microsoft, Netflix, KKR & more

Here are Tuesday's biggest calls on Wall Street.

15/04 Italy court allows class action against Stellantis over faulty airbags

A civil court in Turin, Italy, has ruled admissible a class action suit against Stellantis concerning potentially faulty airbags made by Japanese automotive parts company Takata, Stellantis and two consumer groups behind the legal action said on Monday.

15/04 Exclusive: Nissan to cut Japanese production of top-selling US model due to tariffs, source says

Nissan will cut Japanese production of its top-selling U.S. model, the Rogue SUV, over May-July, said a person familiar with the matter, becoming the latest global automaker to alter manufacturing plans in response to new U.S. import tariffs.

13/04 Trump aide Navarro brushes off Musk insults, says, 'I've been called worse'

White House trade adviser Peter Navarro brushed off insults from Elon Musk on Sunday, saying "Elon and I are great" after a public spat over President Donald Trump's sweeping global tariffs.

13/04 F1 great Jackie Stewart says he's done his last lap at 85

Triple world champion Jackie Stewart said he had likely driven his last lap in a Formula One car after steering his title-winning 1973 Tyrrell around the Bahrain Grand Prix circuit at the age of 85.

13/04 India's TCS says retail, travel clients more exposed to US tariff turmoil

Clients of India's Tata Consultancy Services in the retail, travel and automobile sectors are more exposed to fallout from U.S. tariffs and they may resort to cost-cutting if uncertainty persists, the company's CEO told Reuters.

13/04 How China went from courting Trump to ‘never yield’ tariff defiance

The combative approach marked a hard turn for Beijing, which had tried to avoid a spiraling trade war.

12/04 US excludes smartphones, computers from Trump's reciprocal tariffs

The Trump administration has granted tariff exclusions for smartphones, computers and other electronics imports supplied largely by China, sparing them from much of President Donald Trump's steep 125% duties.

12/04 Volkswagen's Scania buys bankrupt Northvolt's heavy industry battery packs unit

Volkswagen's truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery packs for heavy industry, reviving a transaction first presented in February, for an undisclosed price.

12/04 Group of ex-OpenAI employees back Musk's lawsuit to halt OpenAI restructure

A dozen former OpenAI employees filed a legal brief on Friday backing co-founder Elon Musk's lawsuit aimed at keeping the non-profit status of OpenAI, marking the latest development in the dispute over the future of the artificial intelligence firm.

11/04 Volvo Cars may take up to two years to expand US production to avoid tariffs, CEO tells daily DN

Sweden's Volvo Cars , which is controlled by Chinese auto maker Geely (GEELY.UL), will need up to two years to expand its U.S. car production in order to avoid hefty import tariffs, CEO Hakan Samuelsson told daily Dagens Nyheter (DN) on Friday.

11/04 GM to halt EV van production in Ontario to adjust for market demand

GM is temporarily halting production of its electric commercial van at its assembly plant in Ontario due to slow sales, the company and union representing workers there said.

11/04 French bikers race to buy Harleys before possible tariffs

Sales are brisk at the Villiers-Sur-Marne Harley-Davidson dealership outside Paris, where French bikers reckon they had better hurry if they want the American motorcycle of their dreams before trade war puts them out of reach.

11/04 Piastri confident McLaren will stay strong all year

Oscar Piastri has dismissed talk of McLaren being slowed by a rule change in June and says he expects the champions to stay strong all season.

11/04 More than 2,600 US Energy Dept staffers accept second offer to resign, sources say

More than 2,600 U.S. Department of Energy staffers have opted to take the Trump administration's second round of resignation offers, two sources said on Thursday, with offices on power grid stability and loans for high-tech energy projects hit hard.

11/04 Cybertrucks in the desert: Tesla launches in Saudi Arabia

Tesla launched operations in Saudi Arabia on Thursday, a sign that Chief Executive Elon Musk has patched up relations with the kingdom and that the oil capital was moving forward with an ambitious electric-vehicle policy.

11/04 Study finds Trump's 25% auto tariffs could cost US automakers $108 billion

A new analysis by the Center for Automotive Research has found that President Donald Trump's 25% auto tariffs imposed in early April will increase costs by about $108 billion for automakers in the U.S. in 2025.

10/04 Waymo to begin data collection in Tokyo with driver-operated test rides

Alphabet's self-driving unit Waymo said on Thursday it will start collecting data in Tokyo with test rides operated by human drivers next week, marking the first time the company will be using its cars on public roads outside the United States.

10/04 Harley-Davidson board member resigns, cites 'grave concerns' about company

A Harley-Davidson director has resigned after expressing "grave concerns" about the current state of the company in a letter to the motorcycle maker's board.

10/04 Trump tariff pause leaves CEOs asking: What happens in 90 days?

U.S. President Donald Trump's sudden about-face on sweeping import tariffs did little to soothe companies' worries about the fallout from his trade war and its chaotic implementation: soaring costs, falling orders and snarled supply chains.

10/04 Intel CEO Lip-Bu Tan's wide-ranging investments in China

The following are some key investments and their connections to Chinese state entities Lip-Bu Tan has made through Walden International, the San Francisco venture capital firm he founded in 1987, and two Hong Kong-based holding companies.

10/04 Trump does not pause 25% US auto tariffs, drawing criticism from Michigan business and auto groups

President Donald Trump on Wednesday paused for 90 days many tariffs but is not halting 25% tariffs on automotive imports and looming tariffs on auto parts, drawing criticism from Michigan business and auto groups.

09/04 From juice to jewellery: which U.S. goods will EU hit with tariffs?

The European Union will launch countermeasures from next Tuesday against U.S. President Donald Trump’s steel and aluminium tariffs with extra duties on 21 billion euros ($23 billion) of U.S. imports.

09/04 Magnificent Seven to add more than $1 trillion in value after Trump pauses some tariffs

The "Magnificent Seven" stocks were poised to gain more than $1 trillion in market value on Wednesday after U.S. President Donald Trump approved a 90-day tariff pause, easing pressure on tech giants that had tumbled in recent sessions.

09/04 Norris arrives in Bahrain with Verstappen in hot pursuit

Formula One leader Lando Norris has Max Verstappen breathing down his neck and only a point separating the pair ahead of a Bahrain Grand Prix that could trigger a change at the top on Sunday.

09/04 Trump tariffs anxiety: Individual investors flood advisers with calls but stay in the market

Individual investors have been working the phones for advice in the wake of U.S. President Donald Trump's sweeping tariff announcements which have sparked fears of a recession. Among the most nervous are those approaching retirement, as the market slide wreaks havoc with portfolios.

09/04 South Korea announces emergency measures for auto industry hit by US tariffs

South Korea on Wednesday announced emergency support measures for its auto sector, seeking to reduce the blow of U.S. President Donald Trump's tariffs on a sector that has seen years of sharply rising exports to the United States.

08/04 'Boys will be boys': White House on Elon Musk-Peter Navarro tariff tiff

As Elon Musk called one of President Donald Trump's top economic aides a "moron," the White House on Tuesday declared that "boys will be boys."

08/04 Breakingviews - Texas market bulls run into ferocious bear case

Everything keeps getting bigger in Texas. In a sign of anticipated corporate growth, the New York Stock Exchange and Nasdaq are galloping to Dallas to prevent a new local stock market from wrangling their customers. The city has ambitions of becoming a far more powerful commercial hub, but for now there’s less substance than swagger.

08/04 Saudi's Ma'aden weighs foreign partner for minerals processing pact

Saudi Arabia's flagship mining company Ma'aden is considering choosing at least one of four foreign firms to form a rare earths processing partnership, three sources with knowledge of the matter said, as the kingdom bids to become a global critical minerals hub.

08/04 Trump won't get 'Plaza Accord'-type dollar deal, says ex-Japan FX diplomat

Any U.S. attempt to pull off a 1985 Plaza Accord-type coordinated depreciation of the dollar likely won't work as it would require the consent of China and Europe, Japan's former top currency diplomat Naoyuki Shinohara said on Tuesday.

08/04 'It's like throwing darts blindfolded'; tariffs take toll on Chinese exporters

Chinese manufacturers of goods from tableware to flooring are flagging profit warnings, scrambling to plan new overseas plants or accelerate offshore projects, while haggling with customers over prices as they reel from President Donald Trump's tariffs.

07/04 Trading Day: Trump's tariff wrecking ball still swinging

TRADING DAY

07/04 Mexico seeks to avoid retaliatory tariffs against US, but not ruling them out

Mexican President Claudia Sheinbaum said on Monday her government would like to avoid imposing tariffs on the United States in response to President Donald Trump's sweeping tariff plans, though she said they could not be ruled out.

07/04 EU Commission proposes 25% counter-tariffs on some US imports, document shows

The European Commission proposed counter-tariffs of 25% on a range of U.S. goods on Monday in response to President Donald Trump's tariffs on steel and aluminium, a document seen by Reuters showed.

07/04 Trump adviser Navarro dismisses Musk as 'car assembler' after tariff comments

Peter Navarro, President Donald Trump's top trade adviser, on Monday dismissed tech-billionaire Elon Musk's push for "zero tariffs" between the United States and Europe, calling the Tesla CEO a "car assembler" reliant on parts from other countries.

07/04 Tariff storm ravages Magnificent Seven as Apple nears one-year low

The "Magnificent Seven" stocks sank on Monday, extending a market rout that has wiped off around $2 trillion from their combined value as investors worry about the financial fallout of U.S. President Donald Trump's global tariff war.

07/04 Volkswagen's Audi holding cars in U.S. ports due to autos tariff

Volkswagen's Audi is holding its cars which arrived after April 2, when Donald Trump announced a 25% tariff on autos imports, in U.S. ports, it said on Monday, as companies scramble to work out how they will be affected by the duties.

07/04 EU prioritises talks with US to get Trump's tariffs removed

European Union ministers broadly agreed on Monday that the bloc should prioritise negotiations to remove tariffs imposed by President Donald Trump over retaliation even as it prepared a first set of targeted countermeasures.

07/04 Verstappen proves a point at Suzuka but challenges remain

World champion Max Verstappen exploded the idea that McLaren might absolutely dominate the Formula One season with victory at the Japanese Grand Prix at the weekend, but the Dutchman was by no means certain he would be able to repeat the feat elsewhere.

07/04 Exclusive: After Trump, EU seeks zero tariff from India on car imports, sources say

The European Union wants India to eliminate tariffs on car imports under a long-pending trade deal and Prime Minister Narendra Modi's government is willing to sweeten its current proposal to seal the talks, sources told Reuters.

07/04 South Korea to prepare support measures as US tariffs loom

South Korea's finance minister said on Monday the government would prepare support measures for sectors with urgent needs, ahead of U.S. President Donald Trump's 25% tariff, which will come into force this week.

07/04 Japan will ask US to cut tariffs but results won't come 'overnight', PM Ishiba says

Japanese Prime Minister Shigeru Ishiba said on Monday the government will continue to ask U.S. President Donald Trump to lower tariffs against Japan, but acknowledged results "won't come overnight."

06/04 EU seeks unity in first strike back at Trump tariffs

The European Commission, which coordinates EU trade policy, will propose to members late on Monday a list of U.S. products to hit with extra duties in response to Trump's steel and aluminium tariffs rather than the broader reciprocal levies.

05/04 UK's Jaguar Land Rover to pause shipments to US over tariffs

Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, it said on Saturday, as it considers how to mitigate the cost of President Donald Trump's 25% tariff.

05/04 Nissan considers transferring some domestic production to US, Nikkei says

Nissan Motor is considering shifting some domestic production of U.S.-bound vehicles to the U.S., the Nikkei reported on Saturday, as President Donald Trump ramps up trade tariffs on nations worldwide.

05/04 Hyundai to keep vehicle prices steady until June amid tariff uncertainty

Hyundai Motor is keeping sticker prices on its current model lineup steady for the next two months, the company said Friday, in an effort to ease shoppers' concerns that fallout from tariffs will affect dealer lots.

04/04 Automakers provide stable pricing for now, but warn of future hikes

Automakers are offering deals to anxious customers to ride a short-term surge in shopping, while also warning lawmakers that they will have to raise prices dramatically if tariffs remain in place for long.

04/04 South Africa not planning to retaliate over Trump's tariffs

South Africa has no immediate plans to retaliate against the United States over tariffs announced by President Donald Trump this week and will instead seek to negotiate exemptions and quota agreements, senior government officials said on Friday.

04/04 Nowhere to hide: Trump tariffs leave trading partners cornered

U.S. trading partners have few good options in their trade war with President Donald Trump, other than to sue for peace.

04/04 Nissan says it will not take new US orders for Mexican-built Infiniti SUVs

Nissan Motor said on Thursday it will not take new orders from the U.S. for two Mexican-built Infiniti SUVs, following auto tariffs levied by U.S. President Donald Trump, in a drastic scale-back of its operations at a joint venture plant.

04/04 Tesla investors brace for another year of sales decline as Musk backlash grows

CEO Elon Musk pledged Tesla would return to growth this year after the company posted its first-ever sales decline in 2024. But the odds look stacked against him.

03/04 Exclusive: GM to increase US truck production following Trump's tariffs

General Motors is moving to increase production of light-duty trucks out of its Fort Wayne, Indiana, assembly plant, according to a webcast sent to plant employees and obtained by Reuters.

03/04 Stellantis says will temporarily lay off 900 U.S. workers following tariff announcement

Stellantis NV STLAM.MI said on Thursday it was temporarily laying off 900 workers at five U.S. facilities after President Donald Trump's tariffs were announced, and temporarily pausing production at an assembly plant in Mexico and one in Canada.

03/04 Trump tariffs set stage for wave of profit warnings

U.S. businesses have talked a lot about tariffs in the past few months, but very few modeled for them in their earnings outlooks. With President Donald Trump's multi-front trade war now in full effect, investors and analysts expect a barrage of corporate profit warnings in the coming weeks that could jolt the stock market.

03/04 UK to consult businesses on impact of any retaliation to US tariffs

Britain will consult businesses on the implications of any retaliatory action it could take in response to U.S. President Donald Trump's 10% tariffs on British imports, its business secretary said on Thursday.

03/04 US tech, retail stocks lead rout after tariff shock

The global stock market carnage that followed U.S. President Donald Trump's sweeping new tariffs rippled through early trading in the United States, slamming a wide swath of key industries including retail and technology firms.

03/04 South Korea's acting President orders emergency measures over US tariffs

South Korea's acting President Han Duck-soo ordered emergency support measures for businesses that will be impacted by the imposition of U.S. tariffs, including automobiles, the industry ministry said on Thursday.

03/04 Trump tariffs: Companies grapple with a new reality 

Now that the U.S. has instituted broad tariffs worldwide, businesses will be forced to adjust - but the options to cope with the greater-than-expected levies are limited and unpalatable for companies and their customers.

03/04 Canada will impose counter measures on United States, says Carney

Canada will fight U.S. President Donald Trump's tariffs with countermeasures, Prime Minister Mark Carney said on Wednesday.

03/04 Exclusive: Ford to offer across-the-board discounts, jumping on recent tariff-induced sales bump

Ford Motor plans to announce discounts across multiple models starting on Thursday, three sources said, leaning on its healthy inventory to offer customers thousands off their vehicles as some competitors have hiked prices to absorb added costs from tariffs.

03/04 French wine, spirits sales in US expected to fall 20% after tariff announcement

Sales of French wine and spirits are expected to slide at least 20% in the United States after U.S. President Donald Trump announced reciprocal tariffs, the French wine and spirits exporters group FEVS said on Wednesday.

03/04 Trump's auto tariffs to cover $600 billion in imports, including laptop computers

U.S. President Donald Trump's 25% auto tariffs will cover nearly $600 billion worth of vehicles and auto parts imports annually and extend to all computer imports into the U.S. - including laptops - according to a Reuters analysis of tariff codes included in a federal register notice on Wednesday.

02/04 US tariffs upend Japanese carmakers' Mexico gambit - and add to Nissan's woes

Japanese automakers have long relied on the "dependable and affordable" appeal of their economy cars to drive U.S. sales, thanks in part to low-cost production in Mexico. Now, U.S. President Donald Trump is turning that business model on its head.

02/04 Musk will stay until he completes DOGE mission, White House says

The White House said on Wednesday that tech billionaire Elon Musk will stay on to complete his mission to slash government spending and downsize the federal workforce, dismissing media reports that he will leave the role soon.

02/04 Exclusive: India backs EV tariff cuts for Trump trade deal, defying autos lobby, sources say

India plans to lower import tariffs on electric cars, rejecting requests from local automakers to delay such cuts by four years, as New Delhi prioritises closing a trade deal with the United States, government and industry sources told Reuters.

02/04 Tesla set to report drop in Q1 deliveries on weak demand, Musk backlash

Wall Street is bracing for Tesla to report a drop in first-quarter vehicle deliveries on Wednesday, but analysts and investors cannot agree on how bad the decline would be.

02/04 Breakingviews - China's love of open-source AI may shut down fast

Following DeepSeek's release of its cutting-edge and free large language model early this year, Meta's chief artificial intelligence scientist Yann LeCun corrected those who surmised China is surpassing the United States in the technology. A correct reading, he said, is "open source models are surpassing proprietary ones". What's less clear, though, is how long China will flood the world with its

02/04 China's main auto show cast in unwelcome spotlight as government backers clash

The government backers of China's largest auto show have clashed over who has the rights to organise it, sowing confusion among automakers and would-be attendees just weeks before the opening of the showpiece event in the world's biggest auto market.

02/04 China to launch grid-connected car projects to balance power supply

China plans to launch pilot projects in nine cities that would use the country's growing fleet of electric vehicles as batteries to shore up power supply on the grid during spikes in demand, according to a government announcement on Wednesday.

02/04 How one of the largest auto suppliers in the world is preparing for Trump's tariffs

Walking through a Michigan plant past whirring robotic arms and flying sparks, Swamy Kotagiri, the CEO of Canada-based auto supplier Magna reflected on how he is trying to "control the uncontrollable" in the midst of industry-shaking tariffs.

01/04 US first-quarter auto sales get a lift from looming Trump tariffs

U.S. buyers snapped up more pickup trucks and sport-utility vehicles in the first quarter from a year earlier in the run-up to President Donald Trump's tariffs on auto imports, which could raise prices by thousands of dollars.

01/04 Volkswagen, Stellantis and other carmakers hit with $495 million EU cartel fine

Volkswagen , Stellantis , 13 other carmakers and their car association were fined a total of 458 million euros ($495 million) by EU antitrust regulators on Tuesday for taking part in a vehicle recycling cartel.

01/04 Germany's Lower Saxony state premier to resign, say sources

Veteran German Social Democrat (SPD) Stephan Weil plans to stand down as premier of the state of Lower Saxony after 12 years in office, two sources familiar with the matter told Reuters on Tuesday.

01/04 Tesla car sales in France, Sweden drop to lowest first-quarter in four years

Tesla's sales in France and Sweden fell year-on-year for a third consecutive month in March, contributing to the lowest first-quarterly sales figures in the two countries since 2021 for Elon Musk's electric car brand, data showed on Tuesday.

01/04 China's Xiaomi says it is cooperating with police after fatal EV accident

China's Xiaomi said on Tuesday that it was actively cooperating with police after a fatal accident involving a SU7 electric vehicle on March 29 and it had handed over driving and system data.

01/04 Breakingviews - Trump tariff liberation means endless complication

Donald Trump is calling it Liberation Day. The president claims prospective tariffs on trillions of dollars of U.S. imports, which he is preparing to reveal on Wednesday, will mark the moment that global trading partners stop taking advantage of the United States. In fact, the decision could kick off a series of retaliations and negotiations which will drag on for years. Trump’s devotion to using

01/04 Trump's auto tariffs will lead to autoworker pain, two Michigan business groups say

Two Michigan business groups urged President Donald Trump to halt plans to impose sweeping 25% tariffs on imported vehicles and parts, saying it would lead to dramatic price hikes, supply-chain disruptions and pain in the auto-heavy state.

31/03 US embassies tell suppliers to comply with Trump ban on diversity policies

The Trump administration has warned suppliers to U.S. embassies and consulates as well as recipients of U.S. grants worldwide that they must comply with its ban on Diversity, Equity and Inclusion (DEI) programmes or risk losing payments.

31/03 Volvo goes back to car industry basics with surprise CEO switch

Volvo Car's abrupt decision to tap Hakan Samuelsson as its CEO puts the car industry veteran back in charge of steering the automaker through U.S. President Donald Trump's tariff turbulence and a wobbly transition to electric cars, analysts and investors said.

31/03 Northvolt bankruptcy trustee secures agreement for scaled-down operation

Northvolt's bankruptcy trustee said on Monday it had reached an agreement in principle with key stakeholders in the electric vehicle battery maker for financial guarantees allowing the company to maintain a scaled-down continuation of operations.

31/03 Breakingviews - US threat oils wheels of Pirelli’s China derisking

Donald Trump’s geopolitical threats are proving to be handy ammo in corporate spats. Italian tyremaker Pirelli’s board last week demanded its largest Chinese shareholder Sinochem cut a 37% stake below the 26% of Italian tycoon Marco Tronchetti Provera, citing Chinese ownership as a risk to its U.S. growth plans. Judging by the shunting-back of the board resolutions to next month, Beijing may put u

31/03 Fire at Tesla dealership in Rome destroys 17 cars

A fire broke out overnight at a Tesla dealership in Rome destroying 17 cars, firefighters said on Monday.

31/03 Morning Bid: No quarter for Wall Street

What matters in U.S. and global markets today

31/03 Trump auto tariffs threaten new supply-price shock

As the world emerged from pandemic shutdowns, a supply chain shock left a lasting imprint on the cost of owning a car.

31/03 Aston Martin gets further $68 million funding, to sell stake in F1 team

Aston Martin said on Monday Chairman Lawrence Stroll's Yew Tree Consortium would invest a further 52.5 million pounds ($67.98 million) in the luxury carmaker and increase its stake to about 33%.

31/03 Dude, where's my car? Toyota buyers face long waits amid hybrid boom

Soaring demand for Toyota's gasoline-electric hybrids has left suppliers struggling to keep pace, leading to shortages of parts and months-long waits for car buyers, according to four people familiar with the situation.

31/03 Make Europe Great Again trades are gaining traction

A more independent, less U.S.-reliant Europe is taking shape and investors sense opportunities in a long-shunned region that go beyond just snapping up defence shares.

30/03 Volvo Cars picks Hakan Samuelsson as new CEO

Volvo Cars has appointed Hakan Samuelsson as its new chief executive, effective April 1, 2025, it said on Sunday.

30/03 Why Trump's auto tariffs will hurt his working-class supporters

Working-class car buyers will be the hardest hit by U.S. President Donald Trump’s 25% tariff on imported vehicles because almost all low-cost new cars sold in the United States are built elsewhere.

30/03 Trump tells NBC he 'couldn't care less' if car makers hike prices due to tariffs

U.S. President Donald Trump said on Saturday he did not warn car industry executives against raising prices as tariffs on foreign-made autos come into force, telling NBC News he "couldn't care less" if they do.

29/03 No sign Trump will honor US auto tariff protections won by Canada, Mexico in 2018

Canada and Mexico won protections against potential new U.S. auto tariffs in 2018 as part of the U.S.-Mexico-Canada Agreement on trade, but there is no evidence that President Donald Trump will honor those commitments as he imposes 25% duties on global automotive imports.

29/03 No longer 'poor but sexy?' Berlin's economic rise comes at a price

The Art House Tacheles used to be the epicentre of the alternative art and culture scene in Berlin, an impressive five-storey building in the heart of the capital dating back to 1908 and occupied by artists after the fall of the Berlin Wall.

28/03 Wall St Week Ahead Wobbly US stocks face test with tariffs, jobs data

A rocky U.S. stock market will be tested in the coming week by a pivotal deadline for President Donald Trump's tariff plans and an employment report that could reveal a slowing economy.

28/03 Trump, Carney say they had a productive call; Canadian tariffs still coming

U.S. President Donald Trump and Prime Minister Mark Carney on Friday had a conversation that both men described as productive, although the Canadian leader said Ottawa would be imposing retaliatory tariffs next week as promised.

28/03 Carmakers weigh risk of price hikes as Trump tariffs loom, sources say

European carmakers are trying to work out how much their prices might have to rise in response to looming U.S. import tariffs, industry sources said, fearing any first-movers could risk a backlash from U.S. President Donald Trump.

28/03 Nikola founder Trevor Milton says he was granted a full pardon by Trump

Trevor Milton, the founder of bankrupt electric and hydrogen-powered truck maker Nikola who was convicted of fraud, has been pardoned by U.S. President Donald Trump, Milton said in a social media post on Thursday.

28/03 German unemployment rises amid economic slowdown

The number of people out of work in Germany rose in March at the fastest rate since October of 2024, data showed on Friday, as an economic malaise puts pressure on the job market even against a backdrop of long-term labour shortages.

28/03 Wall Street straps in for Trump’s tariff reveal; sees no end to fog of uncertainty

U.S. President Donald Trump's scheduled April 2 tariff policy announcement could clear a fog of uncertainty that has clouded financial markets this year, yet few investors expect to get the definitive guidance they seek.

28/03 China's Xi urges global CEOs to protect trade as Trump tariffs loom

China's President Xi Jinping urged a gathering of global CEOs on Friday to protect industrial and supply chains, as Beijing seeks to assuage foreign firms' concerns over the Chinese economy's health while Trump threatens further tariffs.

28/03 US car buyers face higher prices, less choice under Trump's tariffs

Major automakers can deal with President Donald Trump's tariffs on U.S. auto imports in a number of ways, but all of them lead to higher prices, fewer choices of models or limits on features for consumers, industry experts said.

28/03 Morning Bid: Tariff carnage rumbles on

A look at the day ahead in European and global markets from Ankur Banerjee

28/03 Toyota's global output rises for second month in February on solid Japan sales

Toyota Motor said on Friday its global production rose for the second consecutive month in February, driven by higher output and stronger sales in Japan after recovering from a certification scandal in its home market last year.

28/03 After years of survival, China's Huawei returns to revenue peak

China's Huawei is expected to claim triumph over U.S. sanctions at its upcoming annual results, bolstered by its software push, progress in chips and booming smart-driving technology business that has helped it move out of "survival mode".

28/03 Trump tariffs: Canada's prime minister says nothing off the table in response to US duties

Canada will wait until next week to strike back against the latest U.S. threat of tariffs and nothing is off the table regarding possible countermeasures, Prime Minister Mark Carney said on Thursday.

27/03 Ferrari raises some prices in response to U.S auto tariffs

Ferrari plans to increase the prices of some of its cars sold in the United States in response to new tariffs, the luxury carmaker said on Thursday, adding it would stick largely to its financial targets for this year.

27/03 Trading Day: Investors find auto motive for caution

Making sense of the forces driving global markets.

27/03 UK in talks over US car tariffs, could look at Tesla subsidies, finance minister says

Britain is working intensely with Washington to secure an exemption from U.S. autos tariffs and could review subsidies enjoyed by Elon Musk's Tesla to better support its industry, finance minister Rachel Reeves said on Thursday.

27/03 Auto stocks slide as US tariffs send 'fatal signal' for trade

Shares in some of the world's largest auto companies tumbled on Thursday after President Donald Trump put a wall of tariffs around the U.S. vehicle sector, adding to worries about the hit to global trade and to industry profits.

27/03 Morning Bid: Das auto caught in the tariff crosshairs

A look at the day ahead in European and global markets from Ankur Banerjee

27/03 Breakingviews - US auto tariffs zoom past economic speed limit

Donald Trump is threatening to drive the U.S. auto industry so hard that the wheels fall off. In a Wednesday press conference, the president announced25% tariffs on cars and parts, endangering a border-hopping global supply chain. The touted tolls could be enough to total carmakers’ collective profit. Autos are strategically valuable, but this goes too far, too fast.

27/03 JLR-parent Tata Motors, Tesla's Indian suppliers skid on US auto tariffs plan

India's Tata Motors and the country's auto parts makers that supply Tesla , among others, dropped on Thursday after U.S. President Donald Trump announced plans for 25% tariffs on all imported cars and auto parts.

27/03 Auto industry rocked by Trump's 25% tariffs on US imports

U.S. automakers and their global rivals were rocked on Wednesday by President Donald Trump's announcement that he would impose 25% tariffs on all vehicles and foreign-made autoparts imported into the United States.

27/03 Trump's auto tariffs backed by 2019 national security 'Section 232' probe findings

U.S. President Donald Trump's new tariffs of 25% on automotive imports will rely on a 2019 national security investigation into auto imports that Trump's first administration conducted, according to a photo of his signed proclamation seen by Reuters.

27/03 What's in Trump's new 25% tariffs on US auto imports?

President Donald Trump on Wednesday followed through on weeks of threats for new tariffs on imported cars, saying a 25% import tax on vehicles not built in the U.S. would kick in next week.

27/03 Reactions to Trump auto tariffs

U.S. President Donald Trump on Wednesday unveiled a 25% tariff on imported cars and light trucks starting next week, widening the upon regaining the White House this year in a move auto industry experts expect will drive up prices and stymie production.

27/03 Trump auto tariffs: President slaps 25% duties on car imports to US

U.S. President Donald Trump on Wednesday unveiled a 25% tariff on imported cars and light trucks starting next week, widening the global trade war he kicked off upon regaining the White House this year in a move auto industry experts expect will drive up prices and stymie production.

27/03 Canada will react to Trump's 'attack' soon, could impose tariffs, says Carney

Canada will soon respond to new tariffs on imported vehicles announced by U.S. President Donald Trump and could impose retaliatory measures against the United States, Prime Minister Mark Carney said on Wednesday.

26/03 Trump, ratcheting up trade war, presses ahead with auto tariffs

U.S. President Donald Trump on Wednesday announced plans for long-promised tariffs of up to 25% on automotive imports, widening the global trade war he kicked off upon regaining the White House this year in a move auto industry experts expect will drive up prices and stymie production.

26/03 Wall Street ends down sharply on tariff worries; Nvidia and Tesla drop

Wall Street stocks ended sharply lower on Wednesday, dragged down by losses in Nvidia and Tesla as investors awaited information about long-promised U.S. tariffs on automotive imports.

25/03 How companies are responding to Trump's tariffs

Corporate America is scrambling to implement countermeasures as U.S. President Donald Trump's latest tariffs on Chinese imports went into effect last week, while some levies on Canada and Mexico have been suspended.

25/03 Hyundai Steel unveils US factory plan, shares skid

South Korea's Hyundai Steel will invest $5.8 billion along with Hyundai Motor Group to build a steel plant in the U.S. state of Louisiana with an annual capacity of 2.7 million tonnes, the company said in a regulatory filing on Tuesday.

25/03 Tesla's February market share in Europe drops despite EV pickup

Tesla's market share in Europe continued to shrink year-on-year in February, data showed on Tuesday, as sales of the all-electric car maker dropped for a second consecutive month despite rising overall EV registrations on the continent.

25/03 Trump policy swerves spur Europe into action, but any 'Europhoria' may be premature

Trump's threats on tariffs and questioning of America's future security role in Europe have drawn an energetic response, perhaps best symbolised by Germany's plans to spend hundreds of billions of euros on defence and infrastructure.

25/03 Hyundai, Trump announce $21 billion US investment, new steel plant

South Korea's Hyundai Motor Group announced a $21 billion investment in the United States with President Donald Trump at the White House on Monday.

24/03 First-quarter US earnings outlook looks less rosy with tariff worries in focus

Analysts are turning more cautious on U.S. corporate earnings for the first quarter of this year.

24/03 Nippon Steel says shares view with Washington that U.S. Steel deal will boost U.S. industry

Nippon Steel's president said on Monday that the Japanese steelmaker and the U.S. government share a mutual understanding that its planned acquisition of U.S. Steel will strengthen the American steel industry and manufacturing sector.

22/03 Anti-Musk protesters gather outside Tesla dealership in Washington

Roughly 100 people waved signs and danced in protest outside a Tesla dealership in Washington on Saturday, angry at the electric vehicle maker's billionaire CEO Elon Musk, who has led efforts to sharply cut the federal workforce.

21/03 US Secret Service meets with GM execs on next-generation armored SUVs

The head of the U.S. Secret Service met with General Motors executives this week in Michigan to discuss next-generation armored SUVs as the automaker works on the upcoming version of the presidential limousine, the agency said Friday.

21/03 Elon Musk calls for prosecutions of Pentagon staff who leaked to the New York Times

Elon Musk said Pentagon staff who spoke to reporters at the New York Times should be prosecuted, after the newspaper reported the billionaire was due to be briefed about the U.S. military's plan for any war that might break out with China.

21/03 Trump denies Musk to be briefed on top-secret plan for potential war with China

U.S. President Donald Trump has denied a New York Times report that his close ally, billionaire Elon Musk, was due to be briefed by the Pentagon on Friday about the U.S. military's plan for any war that might break out with China.

21/03 Exclusive: Tesla trade-ins on pace for record high amid Musk backlash

Motorists have traded in a record number of Tesla electric vehicles this month, Edmunds data showed, amid a wave of protests against CEO Elon Musk's work as an adviser to U.S. President Donald Trump.

17/03 Here are Monday's biggest analyst calls of the day: Nvidia, Tesla, Apple, Nike, Micron, Netflix & more

Here are Monday's biggest calls on Wall Street.

10/03 Tesla’s stock defied gravity for years. Is Elon Musk’s EV party over?

Tesla’s stock has dropped by nearly half in three months. Even so, investors are still debating whether Elon Musk's electric-vehicle maker remains overpriced.

09/03 Dozens protest at Tesla showroom in Portugal ahead of likely snap election

Dozens of demonstrators gathered at the Tesla showroom in Lisbon on Sunday to protest against CEO Elon Musk's support for far-right parties in Europe as Portugal heads toward a likely snap election.

08/03 China announces retaliatory tariffs on some Canada farm, food products

China announced tariffs on Canadian agricultural and food products on Saturday, retaliating against levies Ottawa introduced in October on Chinese-made electric vehicles and steel and aluminium products.

07/03 US pushes India to lower tariffs, buy more defence products for fair new deal

India needs to buy more defence products and lower its tariffs on U.S. products for the two countries to be able to sign a "grand" bilateral deal, U.S. Commerce Secretary Howard Lutnick told India Today television on Friday.

07/03 Mexico aims to boost compliant exports to 90% after U.S. tariff reprieve

Mexico expects to significantly boost the number of compliant companies exporting to the U.S. under a regional trade pact in coming weeks, Economy Minister Marcelo Ebrard said on Friday, after Washington paused tariffs on Mexican shipments entering under the agreement.

07/03 Volkswagen to recall over 177,000 SUVs over loose engine cover, NHTSA says

Volkswagen will recall 177,493 crossover SUVs in the United States over concerns related to a loose engine cover, the National Highway Traffic Safety Administration said on Friday.

07/03 US Treasury's Bessent says economy may slow in shift away from public spending

U.S. Treasury Secretary Scott Bessent said the U.S. economy may go into a "detox period" as it reached a more sustainable equilibrium.

07/03 Nissan board to meet on March 11, discuss potential CEO successors, sources say

Nissan directors are due to gather on March 11 to discuss potential successors for CEO Makoto Uchida, whose position is seen as increasingly untenable given the Japanese automaker's weak performance, three people familiar with the matter said.

07/03 VW may avoid 25% Trump tariff, but BMW and others face trade levy

Volkswagen said on Thursday that its vehicles made in North America will likely avoid being subject to the 25% tariffs U.S. President Donald Trump has imposed on imports from Mexico and Canada, but other carmakers, including BMW, may not be exempt.

07/03 Who could be the next Nissan CEO after Uchida?

Nissan CEO Makoto Uchida is under deepening pressure over the Japanese automaker's weakening performance and board members are due to gather on March 11 to discuss potential successors, people familiar with the matter have said.

06/03 Tariff reprieve likely to be extended to all USMCA-compliant goods, Lutnick says

U.S. Commerce Secretary Howard Lutnick on Thursday said the one-month reprieve on hefty tariffs on goods imported from Mexico and Canada that has been granted to automotive products is likely to be extended to all products that comply with the U.S.-Mexico-Canada Agreement on trade.

06/03 Canada will be in trade war with US for foreseeable future, says Trudeau

Canada will continue to be in a trade war with the United States for the foreseeable future, Prime Minister Justin Trudeau said on Thursday, a day after what he called a "colorful" call with President Donald Trump.

06/03 More words than deeds from China on consumption keep deflation in play

Analysts said this indicated Beijing's reluctance to take a sharper turn in changing the growth model away from investment and manufacturing exports.

05/03 US eyes zero tariff on cars in India trade deal as Tesla entry nears, sources say

The United States wants India to eliminate tariffs on car imports under a proposed trade deal between the two nations, but New Delhi is reluctant to immediately bring down such duties to zero even as it considers further cuts, sources told Reuters.

05/03 What the Trump tariffs could mean for America's beloved pickup truck

U.S. President Donald Trump's 25% tariffs on Canada and Mexico have sent the U.S. auto industry scrambling to plan for the massive tax on some of America's best-selling vehicles, including full-sized pickup trucks, while pinning their hopes on a potential deal in Washington.

05/03 Trump exempts some automakers from Canada, Mexico tariffs for one month

The tariffs threaten to derail Canada's fledgling economic recovery and could trigger a recession, as the country relies on the US for 75% of its exports and a third of all imports.

05/03 Exclusive: Dealmaker Michael Grimes expected to lead new US sovereign wealth fund, sources say

Star technology investment banker Michael Grimes, who left Morgan Stanley to take up a senior role in the U.S. Commerce Department last month, is expected to lead the new U.S. sovereign wealth fund that was unveiled by President Donald Trump, two people familiar with the matter said.

05/03 Tanks not cars: how a pivot to defence could help Germany's economy

German defence companies seeking more capacity as Europe prepares to raise military spending are eyeing the ailing car industry, the first sign of a shift that could help revive the continent's biggest economy after two years of contraction.

05/03 Sony, Suntory build U.S. stockpiles as Japan faces Trump tariff threat

Japanese electronics giant Sony and drinks maker Suntory are stockpiling inventory in the United States while their peers shift production or supply chains in efforts to fend off an evolving threat of U.S. tariffs on the export-reliant economy.

05/03 Whisper it and it's back: Recession risk creeps onto markets' radar

Global growth concerns have shot back onto the radar of financial markets as weakening U.S. economic data and growing trade tensions hurt consumer confidence and business activity.

04/03 Vespa maker Piaggio posts record margin despite 'anomalous' economy

Italy's Piaggio , the maker of the iconic Vespa scooter, reported what it said was its highest ever annual core profit margin of 16.9% on Tuesday, citing tight productivity management.

04/03 Automakers warn that Trump tariffs will hike vehicle prices as much as 25%

A trade group representing nearly all major automakers warned on Tuesday that new 25% tariffs on imports from Canada and Mexico imposed by U.S. President Donald Trump will lead to drastic price hikes.

04/03 Exclusive: US and Ukraine prepare to sign minerals deal on Tuesday, sources say

Trump has told his advisers that he wants to announce the agreement in his address to Congress tonight, sources say, cautioning that the deal had yet to be signed and the situation could change.

04/03 "Beyond fundamentals": is Europe's arms race priced in?

Europe's rush to boost funding for military spending has sent defence stocks on a tear, though investors are now wondering how much more they're willing to pay for exposure to the region's biggest rearmament buildup since World War Two.

04/03 US autos, homebuilders, materials take hits as Trump trade war kicks off

Shares of U.S. companies have come under pressure from the latest escalation in Washington's trade war, with the newest tariffs on Canada and Mexico expected to hit earnings in several sectors, including automakers, retailers and raw materials.

04/03 Mexico vows retaliation as Trump trade war erupts

Mexican President Claudia Sheinbaum on Tuesday condemned U.S. President Donald Trump's 25% tariffs on imports from Mexico and said her government would respond with its own measures, without immediately providing details.

04/03 Musk rallies the far right in Europe. Tesla is paying the price.

For the past two months, tech billionaire Elon Musk has promoted Germany’s far-right party in at least two dozen posts on his X platform, interviewed its leader, and told his 219 million followers it was the country’s “only hope.”

04/03 EU Commission proposes joint borrowing as part of 800 billion euro defence plan

The European Commission proposed on Tuesday new joint European Union borrowing of 150 billion euros ($157.76 billion) to lend to EU governments for defence as part of an overall 800 billion financing effort to boost Europe's defence capabilities.

04/03 Trump and TSMC announce $100 billion plan to build five new US factories

Taiwanese semiconductor company TSMC plans to make a fresh $100 billion investment in the United States that would involve building five additional chips facilities in the country in coming years, its CEO announced with U.S. President Donald Trump on Monday.

03/03 Exclusive: Honda to produce next Civic in Indiana, not Mexico, due to US tariffs, sources say

While several automakers have expressed concerns about the levies, Honda's move is the first concrete measure by a major Japanese car company.

03/03 German chancellor-in-waiting promises swift moves on defence, investors sniff bonanza

The prospect of a military spending boom by Germany unprecedented since the Cold War sent Europe's defence stocks soaring after Reuters reported the likely next government was mulling a fiscal sea change for Europe's biggest economy.

24/02 Tax refunds are currently averaging $2,169 — How it might affect these consumer stocks

The heftiest refunds are still to come, and that could provide a tailwind for a slate of consumer-focused stocks.

19/02 Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips

Trump has long railed against what he calls the unfair treatment of U.S. automotive exports in foreign markets.

19/02 What's in Trump's new order on reciprocal US tariffs?

President Donald Trump on Thursday moved to tear up decades-old low U.S. tariff rates, raising them to match those of other countries and counteract other barriers to American goods to try to shrink a U.S. goods trade deficit that topped $1.2 trillion last year.

05/02 We are changing our rating on Starbucks and looking to lock in some profits

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

31/01 Earnings kick into high gear to start February amid ongoing trade worries

Investors will wade through a barrage of quarterly results in the midst of continued policy uncertainty that promises upheaval for an already choppy market.

25/01 Ben & Jerry's accuses Unilever of muzzling it because of Trump

Ben & Jerry's wants a court order freeing the board to continue oversight of its social mission, and requiring Unilever to honor its commitment to make $25 million of payments to groups chosen by the ice cream company.

25/01 Exclusive: FTC chairman says COVID is long over, get back to the office

The chairman of the Federal Trade Commission on Friday acknowledged staff anxiety over returning to full-time in the office at an agency where around 80% work from home most of the week, but said the COVID pandemic is long over and workers need to be at their desks.

24/01 Premier of Canada's most populous province seeks early election because of Trump tariffs threat

The premier of Ontario, Canada's most populous province, said on Friday he would call an early election, citing the need for a strong mandate to fight against tariffs threatened by U.S. President Donald Trump.

24/01 BMW joins Chinese EV makers in filing EU court challenge to tariffs

BMW has joined Chinese producers in filing a challenge at the Court of Justice of the European Union (CJEU) against EU tariffs on China-made electric vehicles (EVs), according to a filing on the court's website.

24/01 Wall St Week Ahead Fed's rate-cut view set to test resurgent US stocks rally

The Federal Reserve's first meeting of 2025 in the coming week stands to test the resurgence in U.S. stocks as investors gauge the extent of more equity-friendly interest rate cuts in the months ahead.

24/01 Rivian says other automakers 'knocking on door' about tech from VW joint venture

A joint venture between U.S. electric pickup and SUV maker Rivian and Volkswagen is in talks with other automakers about supplying their software and electrical architecture, a senior Rivian executive said on Thursday.

24/01 Rivian to launch hands-free driving system in 2025, 'eyes-off' in 2026, CEO says

Electric-vehicle maker Rivian plans to launch its advanced hands-free driver assistance systems in 2025 and its "eyes-off" systems in 2026, CEO RJ Scaringe said on Thursday.

24/01 Breakingviews - How China can keep pace in the global AI race

In 2023, smartphones-to-silicon conglomerate Huawei quietly released its flagship Mate 60 Pro handset. The launch, while muted, was worth celebrating in the People’s Republic: the device featured a made-in-China chip that had previously seemed out of reach amid crippling U.S. sanctions. Late last month, Hangzhou-based startup DeepSeek added the latest technological surprise by claiming to have tra

23/01 Ford to recall over 270,000 US vehicles over battery concern, NHTSA says

Ford Motor is recalling 272,817 vehicles in the United States on concerns over battery failure, the National Highway Traffic Safety Administration (NHTSA) said on Thursday.

23/01 Chinese EV makers file challenges to tariffs at EU court

Chinese electric vehicle makers BYD , Geely and SAIC have challenged the EU's import tariffs at the Court of Justice of the European Union (CJEU), filings on the court's website showed on Thursday.

23/01 Trump’s day-one flurry buries plenty: podcast

The new US president began his term with a rush of orders signaling an immigration crackdown, shifting energy policy and more. In this Viewsroom podcast, Breakingviews columnists debate how much will stick and why the trade barriers at the heart of his agenda are missing.

23/01 Breakingviews - Nissan-Honda deal faces big problems in China

If there's one thing executives at Honda Motor and Nissan Motor need to fix first when - and if - they merge, it's their China business. The Japanese duo's sales have been falling for years in the world's largest car market. Joining forces would allow them to cut costs, not least on the new electric vehicles they need to vie with dominant rivals like BYD . But it's a go-slow tie-up, and their join

23/01 Hyundai Motor in GM tie-up talks; sees revenue growth slowing in 2025

Hyundai Motor said on Thursday it is in talks with General Motors to supply commercial electric vehicles to its U.S. peer, as it expects sales growth to halve this year due to softening demand.

23/01 Tesla to significantly raise prices of all cars in Canada, website shows

Tesla will raise prices of all its cars in Canada from Feb. 1, according to notices on its Canadian website, with prices of Model 3 going up by as much as C$9,000 ($6,254.78).

23/01 Senators question if Frontier, Spirit Airlines are manipulating seat pricing

Three U.S. senators said they want Frontier Airlines and Spirit Airlines to disclose whether they are manipulating seat fees by using customers' personal information to charge different fees to passengers on the same flight.

22/01 What Trump has done since returning to the White House

U.S. President Donald Trump has signed a blizzard of executive orders and taken other actions since being sworn in on Monday on scores of issues that could have an impact on the lives of millions of Americans and non-citizens.

22/01 White House says order pausing IRA disbursements only applies to some programs

The White House said President Donald Trump’s order this week pausing the disbursement of funds appropriated under his predecessor’s signature climate and infrastructure laws mainly applies to programs that discourage fossil fuel development or boost electric vehicles.

22/01 GM recalls over 2,000 Chevrolet Equinox electric vehicles

The National Highway Traffic Safety Administration said on Wednesday that General Motors is recalling about 2,890 Chevrolet Equinox EV vehicles due to concerns about their adaptive cruise control.

22/01 Hamilton makes track debut for Ferrari

Seven-times Formula One world champion Lewis Hamilton had his first outing on the track for Ferrari on a misty Wednesday morning at Maranello, realising his dream of driving in the iconic red of the Italian team.

22/01 Saudi prince's investment firm would be keen on TikTok if Musk or others buy it, CEO says

Kingdom Holding already holds stakes in Musk's social media platform X and his artificial intelligence startup xAI.

22/01 Trump's EV rollback not expected to suppress appetite for critical minerals

U.S. President Donald Trump's rollback of electric vehicle targets may temporarily slow demand for lithium and other critical minerals, but is unlikely to hamper the mining industry amid surging global EV demand, analysts and industry leaders said.

22/01 Hyundai Steel actively considering building US plant

South Korea's Hyundai Steel , an affiliate of automakers Hyundai Motor and Kia , said on Wednesday it is actively considering building a steel plant in the United States.

22/01 Volkswagen seeks new era in Germany with old methods

For all its talk of radical change, Volkswagen's cost-cutting deal in Germany relies heavily on the automaker's tradition of cooperation between managers and workers, according to details disclosed by company sources.

22/01 Trump stirs tariff pot with fresh threats on EU, Feb 1 China deadline

The Trump administration is discussing a 10% punitive duty on Chinese imports. Trump said the EU also has troubling trade surpluses with the United States.

21/01 Trump's first day in office gets mixed reception from US stocks

Tesla, prison operators and other notable "Trump trades" were volatile on Tuesday as investors assessed a blitz of executive orders by President Donald Trump within hours of taking the oath of office.

21/01 Stellantis Chair Elkann met Trump and top US officials in Washington

Stellantis Chairman John Elkann has spent four days in Washington meeting with incoming U.S. President Donald Trump and several top administration officials, two people familiar with the matter told Reuters on Tuesday.

21/01 German carmakers say Trump tariffs would hurt US consumers, industry

U.S. President Donald Trump's tariff plans would mean higher car prices for U.S. consumers and hit global automakers, Germany's powerful car industry warned on Tuesday, as auto stocks fell on the prospect of higher U.S. import duties.

21/01 Here are Tuesday's biggest analyst calls: Nvidia, Apple, Tesla, Dell, Roku, GM, Qualcomm, Wingstop, Urban Outfitters & more

Here are the biggest calls on Wall Street on Tuesday.

21/01 Trump raises prospects for a negotiated reset on US-China ties

Donald Trump unexpectedly held off tariffs on China on his first day back at the White House and did not single it out as a threat, raising the prospect of a rapprochement as both sides look to gain from each other rather than rain harm on an adversary.

21/01 Breakingviews - Xiaomi's rally will hit valuation potholes

There is no simple route to valuing China's Xiaomi . The company, best known for its smartphones and internet-connected rice cookers, air purifiers and other gadgets, began selling electric cars last year. That helped power its market capitalisation to a record high of $117 billion earlier this month. But a look under the hood suggests valuing Xiaomi's different parts can get messy.

21/01 Trump's inaugural brings the world's billionaire elites en masse to DC

The attendees at a U.S. presidential inauguration do not often resemble the annual gathering of the world's richest in Davos, Switzerland, which kicked off on Monday, but the parallels were hard to ignore as Donald Trump was sworn in as U.S. President.

21/01 European car sales up 0.9% in 2024, Renault overtakes Stellantis in Dec, ACEA says

New car sales in Europe were up by 0.9% in 2024, led by double-digit growth in hybrid car registrations, which exceeded petrol for a fourth consecutive month in December, industry data showed on Tuesday.

21/01 Some Asian car and battery makers hit as Trump gets to work

Shares of Japanese automakers and South Korean battery makers declined on Tuesday, after U.S. President Donald Trump said he could impose tariffs on Canada and Mexico soon and revoked the previous administration's executive order on electric vehicles.

21/01 Trump revokes Biden 50% EV target, freezes unspent charging funds

U.S. President Donald Trump on Monday took aim at electric vehicles, revoking a 2021 executive order signed by his predecessor Joe Biden that sought to ensure half of all new vehicles sold in the United States by 2030 were electric.

21/01 Trump says he'll roll back Biden executive actions, freeze government hiring

U.S. President Donald Trump said on Monday he will revoke nearly 80 executive actions of the previous Biden administration, with the Republican leader adding that he also will implement an immediate freeze on new regulations and hiring.

21/01 Trump orders federal workers back to office full-time

President Donald Trump has ordered federal workers to return to the office five days a week, signing an executive order in front of cheering supporters at Washington's Capital One Arena on Monday.

20/01 Hamilton realises his dream of racing for Ferrari

He is F1's most successful driver of all time.