15:32 Investors relieved Musk will refocus on Tesla, but worry about brand damage
-Tesla investors breathed a sigh of relief after CEO Elon Musk said he would refocus his attention on the electric automaker, but that promise did not entirely dispel worries that his right-wing shift had irrevocably damaged the company's brand.
- Reuters08:17 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.
- Reuters07:41 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.
- Reuters03:43 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.
- Reuters03:43 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.
- Reuters01:33 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.
- Reuters22:56 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.
- Reuters21:54 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.
- Reuters21:54 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.
- Reuters22/04 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.
- Reuters22/04 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.
- Reuters21/04 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.
- Reuters21/04 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.
- Reuters19/04 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.
- Reuters18/04 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."
- Reuters18/04 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.
- Reuters18/04 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.
- Reuters16/04 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.
- Reuters16/04 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.
- Reuters16/04 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.
- Reuters16/04 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.
- Reuters15/04 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.
- Reuters15/04 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.
- Reuters13/04 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.
- Reuters12/04 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.
- Reuters12/04 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.
- Reuters11/04 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.
- Reuters11/04 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.
- Reuters10/04 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.
- Reuters09/04 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.
- Reuters09/04 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.
- Reuters08/04 '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."
- Reuters08/04 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.
- Reuters08/04 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.
- Reuters07/04 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.
- Reuters07/04 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.
- Reuters07/04 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.
- Reuters05/04 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.
- Reuters04/04 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.
- Reuters04/04 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.
- Reuters03/04 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.
- Reuters03/04 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.
- Reuters03/04 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.
- Reuters03/04 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.
- Reuters03/04 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.
- Reuters03/04 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.
- Reuters02/04 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.
- Reuters02/04 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.
- Reuters02/04 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.
- Reuters02/04 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.
- Reuters02/04 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.
- Reuters02/04 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.
- Reuters01/04 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.
- Reuters01/04 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.
- Reuters01/04 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
- Reuters31/03 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.
- Reuters31/03 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.
- Reuters31/03 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.
- Reuters29/03 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.
- Reuters28/03 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.
- Reuters28/03 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.
- Reuters27/03 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.
- Reuters27/03 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.
- Reuters27/03 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.
- Reuters27/03 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.
- Reuters27/03 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.
- Reuters26/03 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.
- Reuters26/03 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.
- Reuters25/03 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.
- Reuters24/03 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.
- Reuters22/03 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.
- Reuters21/03 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.
- Reuters21/03 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.
- Reuters21/03 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.
- Reuters10/03 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.
- Reuters09/03 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.
- Reuters08/03 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.
- Reuters07/03 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.
- Reuters07/03 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.
- Reuters05/03 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.
- Reuters05/03 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.
- Reuters05/03 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.
- Reuters04/03 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.
- Reuters04/03 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.”
- Reuters25/01 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.
- Reuters25/01 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.
- Reuters24/01 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.
- Reuters24/01 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.
- Reuters24/01 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.
- Reuters23/01 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.
- Reuters23/01 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.
- Reuters23/01 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
- Reuters23/01 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).
- Reuters23/01 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.
- Reuters22/01 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.
- Reuters22/01 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.
- Reuters22/01 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.
- Reuters22/01 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.
- Reuters21/01 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.
- Reuters21/01 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.
- Reuters21/01 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.
- Reuters21/01 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.
- Reuters21/01 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.
- Reuters21/01 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.
- Reuters21/01 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.
- Reuters21/01 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.
- Reuters21/01 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.
- Reuters21/01 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.
- Reuters20/01 Trump creates "DOGE" advisory group, attracting instant lawsuits
-U.S. President Donald Trump has officially announced the creation of an advisory group aimed at carrying out dramatic cuts to the U.S. government, attracting immediate lawsuits challenging its operations.
- Reuters20/01 Trump's inauguration billionaires, CEOs: Ambani, Zuckerberg, Bezos attend church, ceremony
-Tech billionaires, foreign diplomats and CEOs shadowed U.S. President Donald Trump on Monday, with several attending St. John's Church in Washington and seated prominently on the dais in the U.S. Capitol ahead of his speech.
- Reuters20/01 China's BYD to complete $1 billion Indonesia plant by year-end, executive says
-China's top electric vehicle maker BYD aims to complete its $1 billion plant in Indonesia at the end of 2025, the head of its local unit said on Monday, underscoring the firm's ambition to dominate in the market where Japanese automakers are popular.
- Reuters20/01 China both hopeful and on edge as Trump returns to White House
-Chinese officials and ordinary people are hopeful but on edge as Donald Trump returns to the White House, eager to avoid a repeat of the bruising trade war that drove a wedge between the economic superpowers during his first term.
- Reuters20/01 Breakingviews - Davos becomes world’s most exclusive watch party
-The Swiss town of Davos will this week host what amounts to an exclusive watch party for the season premiere of Donald Trump’s second term. The annual gathering of the World Economic Forum (WEF), held in the alpine resort each January, presents itself as a place where the world’s political, business, and financial leaders meet to solve big problems. This year, though, the 2,750 delegates will spen
- Reuters17/01 Wall St Week Ahead Small caps lose Trump bump as rising rates sap strength
-As investors seek assets that will shine under a Donald Trump presidency, one corner of the U.S. stock market expected to benefit from the Republican's policies has been stumbling.
- Reuters17/01 What happens on Trump's Inauguration Day?
-Donald Trump will be sworn in as president of the United States on Monday, ushering in his second term in office and capping one of the most astounding political comebacks in American history.
- Reuters16/01 Polestar expects delayed profitability as EV demand weakens, competition intensifies
-Polestar's new CEO said on Thursday it would take longer for the Swedish electric-vehicle maker to be profitable and delayed its expansion of sales to more countries.
- Reuters16/01 Exclusive: Chinese buyers interested in unwanted German Volkswagen factories, source says
-Chinese officials and automakers are eyeing German factories slated for closure and are particularly interested in Volkswagen's sites , a person with knowledge of Chinese government thinking told Reuters.
- Reuters16/01 Hindenburg founder to close short-seller behind Adani, Nikola selloffs
-Hindenburg Research's founder said he would disband the firm whose reports sparked heavy selling by investors and investigations by authorities, wiping billions from the market values of companies including India's Adani Group and U.S.-based Nikola .
- Reuters16/01 Carmakers in India plan EV onslaught in 2025 despite slowing global demand
-Automakers operating in India plan to launch close to a dozen new electric car models this year, many in the premium market, with longer driving ranges and faster charging times, to attract buyers as demand for EVs slows down globally.
- Reuters15/01 US closes probe into GM Cruise self-driving vehicles over pedestrian risks
-U.S. auto safety regulators on Wednesday closed a probe into whether General Motors’ self-driving unit Cruise robotaxis were taking sufficient precautions to safeguard pedestrians.
- Reuters15/01 NHTSA closes probe on 313,101 Daimler US trucks over engine wiring concern
-The National Highway Traffic Safety Administration said on Wednesday it has closed an investigation on Daimler Truck's 313,101 North American vehicles over an engine wiring concern.
- Reuters15/01 GM signs supply deal with Vianode for synthetic graphite for EV batteries
-General Motors has signed a multi-year, multi-billion dollar agreement for Norway's Vianode to provide the U.S. automaker with synthetic graphite anode materials for its electric vehicle batteries, the companies said on Wednesday.
- Reuters15/01 Breakingviews - US engineers decisive split in global auto market
-One of the last acts of President Joe Biden's administration is to engineer a split in the global auto market. On Tuesday, Washington imposed a ban on the sale and import of connected cars and related technology from China. Concerns over data security are compelling, even if the benefits for General Motors , Ford Motor and others of keeping out both competitors and suppliers remain debatable. That
- Reuters14/01 Breakingviews - Wild TikTok dance adds clumsy Beijing shuffle-step
-It’s only fitting that TikTok’s fate turn into a wild dance. As the U.S. Supreme Court weighs up the constitutionality of a proposed ban on the popular video app, Beijing has pirouetted into the possibility of letting ByteDance sell it to Elon Musk, the boss of Tesla and owner of social media site X. With so many stakeholders, however, it will take more than just two to tango.
- Reuters14/01 Musk, Bezos and Zuckerberg to attend Trump's inauguration
-Tech CEOs Elon Musk, Jeff Bezos and Mark Zuckerberg will attend U.S. President-elect Donald Trump's inauguration on Monday, according to a source familiar with planning for the event.
- Reuters14/01 Volkswagen sales drop in tough year at home and in China
-Volkswagen's sales fell 2.3% in 2024 to just over nine million vehicles, the German automaker reported on Tuesday, as it struggles to cut costs at home and fight a price war in China, its biggest market.
- Reuters14/01 Biden administration finalizes US crackdown on Chinese vehicles
-President Joe Biden's outgoing administration is finalizing rules on Tuesday that will effectively bar nearly all Chinese cars and trucks from the U.S. market, as part of a crackdown on vehicle software and hardware from China.
- Reuters10/01 Tesla launches redesigned Model Y in China, seeking to fend off rivals
-Tesla launched a new version of the Model Y, its best-selling car, in China on Friday, hoping that a redesigned exterior and upgraded features inside will help it regain market share taken by rivals such as Xiaomi .
- Reuters10/01 Hyundai launches $18,000 EV in Japan to penetrate EV-wary market
-South Korea's Hyundai Motor said on Friday it would introduce the cheapest compact electric car in Japan, to penetrate a market dominated by local giants with established petrol and hybrid vehicle technologies.
- Reuters10/01 Musk asks state AGs to auction off OpenAI stake in nonprofit restructuring, sources say
-A lawyer for billionaire Elon Musk has asked attorney generals in the states of California and Delaware to push OpenAI to auction a major stake in its business to decide fair value of its charitable asset during its corporate restructuring, sources familiar with the matter told Reuters on Thursday.
- Reuters09/01 Italy's Meloni defends Musk's political comments amid Starlink talks
-Italian Prime Minister Giorgia Meloni defended Elon Musk's growing involvement in politics on Thursday and said she had never discussed with him a potential deal to supply secure communications to Italy.
- Reuters09/01 Musk to host German far-right leader on X, stirs angst about election meddling
-Musk is becoming vocal in his support for far-right and anti-establishment parties across Europe.
- Reuters09/01 Meet the influencer who has Elon Musk's ear on Germany's far-right
-On his public journey to embracing Germany's far-right Alternative for Germany, Elon Musk has amplified the online content of one young supporter of the party: Climate change and COVID-19 lockdown sceptic Naomi Seibt.
- Reuters09/01 Mercedes to expand in India's smaller cities as younger generations splurge
-Germany's Mercedes-Benz , fresh off a year of record sales in India, plans to add another 20 dealerships or service outlets in 2025 - mainly in smaller cities where young, well-travelled business owners are indulging in luxury goods.
- Reuters09/01 China car sales maintain growth pace in 2024, EV and hybrid sales hit record
-China's car sales maintained their growth pace in 2024 as sales of electric vehicles and plug-in hybrids in the world's largest auto market hit a record high amid a brutal price war and with subsidised trade-ins for greener vehicles driving purchases.
- Reuters09/01 Breakingviews - Altered states will rule in 2025: podcast
-Follow on Apple or Spotify. Listen on the Reuters app. Read the episode transcript.
- Reuters09/01 Trump's tariff threat spurs auto suppliers to rethink production plans
-Global auto suppliers are working out how much of their production can be moved to the United States, or closer to it, as a defense against tariffs promised by President-elect Donald Trump, according to industry executives at CES in Las Vegas.
- Reuters08/01 Judge approves Tesla directors' deal to end excess pay case
-Tesla directors including Chair Robyn Denholm and James Murdoch got court approval on Wednesday for a settlement worth up to $919 million that requires they return compensation to the carmaker to resolve allegations they overpaid themselves.
- Reuters08/01 Breakingviews - CATL’s $5 bln listing future-proofs enviable lead
-The world's largest battery maker is determined to shore up its dominance. A planned Hong Kong listing for China's Contemporary Amperex Technology could raise up to $5 billion, according to IFR. The share sale would fund factories abroad. It would also insulate its war chest from global foreign exchange ructions.
- Reuters08/01 Las Vegas Cybertruck suspect used ChatGPT to plan blast, police say
-The suspected driver of the Tesla Cybertruck that exploded outside the Trump International Hotel in Las Vegas on New Year's Day used popular chatbot ChatGPT to plan the blast, officials told reporters on Tuesday.
- Reuters08/01 How Washington's tag on China's CATL could affect Tesla
-Washington's addition of CATL to a list of firms it says work with China's military could put Tesla founder Elon Musk in a tight spot, challenging how he balances his role in the Trump administration with his ties to China.
- Reuters07/01 What Trump said about Canada, Mexico, NATO and Gaza hostages at news conference
-Republican U.S. President-elect Donald Trump held a press conference on Tuesday and spoke about a range of issues including NATO, Israeli hostages in Gaza, his wish for the U.S. to buy Greenland and take control of the Panama Canal.
- Reuters07/01 Automakers to pool CO2 emissions with Tesla, Polestar to meet EU 2025 rules
-Automakers facing tougher EU 2025 emissions rules are planning to buy carbon credits from electric vehicle makers.
- Reuters07/01 Trump's SEC pick likely to give Wall Street easier enforcement ride
-Paul Atkins voted several times against punishing big companies and was extremely critical of the agency's enforcement process when he was a top official there in a possible glimpse of what is to come under his leadership.
- Reuters07/01 US opens probe into about 2.6 mln Tesla vehicles over Actually Smart Summon feature
-The U.S. National Highway Traffic Safety Administration said on Tuesday it had opened a probe into about 2.6 million Tesla vehicles over issues related to the EV maker's feature dubbed "Actually Smart Summon".
- Reuters07/01 Tesla supplier Panasonic Energy: cutting China supply 'No.1 objective' for U.S.
-Tesla supplier Panasonic Energy plans to eliminate its supply-chain dependence on China for electric vehicle batteries made in the United States, a senior executive told Reuters, calling the shift a "No.1 objective".
- Reuters06/01 Musk offers secure services as Italy denies Mar-a-Lago SpaceX talks
-Elon Musk said he was ready to provide Italy with secure communication services after Prime Minister Giorgia Meloni denied that the issue had come up during a weekend visit to the United States.
- Reuters06/01 Norway PM worried by Musk involvement in politics outside US
-Norwegian Prime Minister Jonas Gahr Stoere said on Monday that he found it worrying that billionaire Elon Musk was involving himself in the political issues of countries outside of the United States.
- Reuters06/01 Breakingviews - Risk and resilience are the watchwords for 2025
-As the world rings in 2025, try to imagine what it would have looked like in 2019 if a visitor from the future appeared with a warning about what was going to happen next.
- Reuters06/01 Xpeng, Volkswagen to build ultra-fast charging network in China
-China's Xpeng Motors and Volkswagen have agreed to expand their partnership to cooperate on ultra-fast electric vehicle charging networks in China, the automakers said on Monday.
- Reuters03/01 FBI says suspect in Cybertruck blast had no animosity towards Trump, had PTSD
-The FBI said on Friday that the suspect in the Tesla Cybertruck that exploded outside the Trump International Hotel in Las Vegas had no animosity towards President-elect Donald Trump and likely had post-traumatic stress disorder.
- Reuters03/01 EV maker Rivian beats expectations for deliveries as supply snag eases
-Rivian surpassed analysts' expectations for fourth-quarter deliveries on Friday and said its production was no longer constrained by a component shortage, a positive sign for the electric vehicle maker aiming to turn its first profit.
- Reuters03/01 Consumers boosted 2024 U.S. new-car sales to five-year high
-U.S. new-car sales in 2024 continued to rise from their pandemic lows, bolstered by replenished inventories and higher incentives, analysts estimated.
- Reuters03/01 Musk likely to host German far-right leader for online chat
-Elon Musk looks likely to host the leader of the far-right Alternative for Germany (AfD) party ahead of Germany's Feb. 23 national election in a live interview on X, his social media platform.
- Reuters02/01 Musk donated $108 million in Tesla shares to unnamed charities, filing shows
-Tesla chief executive Elon Musk donated 268,000 Tesla shares to unnamed charities just before the new year, according to a regulatory filing on Tuesday.
- Reuters02/01 FBI looks for any link between Tesla explosion and New Orleans attack
-Gasoline canisters and large firework mortars were packed into the Cybertruck that burst into flames.
- Reuters02/01 Tesla posts first fall in annual deliveries as demand slows
-Tesla's annual deliveries fell for the first time in 2024 despite the electric automaker handing over a record number of units in the fourth quarter, indicating tepid demand for its aging line-up of models.
- Reuters02/01 Chinese electric vehicles gain market share in Norway
-Chinese electric cars have surged to account for almost 10% of new car sales in Norway in only five years, data from the country's road federation (OFV) showed on Thursday.
- Reuters02/01 As Musk gains influence, questions hover over US probes into his empire
-Last month, in the waning days of the Biden administration, the SEC set a tight deadline of several days for demanding that Elon Musk pay a settlement or face civil charges relating to alleged securities violations during his $44 billion takeover of Twitter in 2022.
- Reuters02/01 In Norway, nearly all new cars sold in 2024 were fully electric
-Nine out of ten new cars sold in Norway last year were powered by battery only, registration data showed on Thursday, placing the country within reach of its target of only adding cars that are electric on the road by 2025.
- Reuters02/01 Chinese EV makers extend buying incentives as price war enters third year
-Chinese electric vehicle makers including Nio and Li Auto have followed market leaders Tesla and BYD in extending buying incentives to the start of 2025, as a price war in the world's largest auto market continues for a third year.
- Reuters02/01 Police probe motive in New Orleans truck rampage
-Investigators in New Orleans were searching for what motivated a U.S. Army veteran flying an ISIS flag from his truck to plow into a crowd of New Year's revelers, killing 15 people and injuring 30 more before dying in a shootout with police.
- Reuters31/12 Breakingviews - Warnings and worries haunt best-read views of 2024
-The past year was a buoyant one for markets. Yet even as share prices rose, our readers sought out columns exploring the risks of imploding stocks, regulatory shocks and Washington’s new status quo. Our best-read views of 2024 feature familiar faces and old obsessions, too.
- Reuters31/12 Beijing unveils plans to boost driverless vehicle use in capital
-China's capital Beijing passed new regulations on Tuesday to encourage autonomous driving technology in the city, with authorities planning to eventually allow driverless public buses and taxis.
- Reuters30/12 Breakingviews - Art of the 2025 deal will be postBidenism
-The man credited with writing “The Art of the Deal” is turning out to be more muse than creator. With his return to the White House, Donald Trump will help inspire a fresh wave of corporate mergers already primed by lower borrowing costs, surging stock markets, growing confidence and itchy buyout firms. Strategists at Morgan Stanley are predicting a roughly 50% pickup in M&A activity in 2025, doub
- Reuters28/12 Elon Musk vows 'war' over H-1B visa program amid rift with some Trump supporters
-Elon Musk, the billionaire CEO of Tesla and SpaceX, vowed to go to "war" to defend the H-1B visa program for foreign tech workers late on Friday amid a dispute between President-elect Donald Trump's longtime supporters and his most recently acquired backers from the tech industry.
- Reuters28/12 What happens next to workers in 'slavery-like conditions' at BYD's site in Brazil?
-Officials negotiate with BYD and the Jinjiang Group about further measures to protect the workers.
- Reuters27/12 Ark's Cathie Wood calls for tax clarity as she rides 'Trump bump'
-U.S. tech investor Cathie Wood is calling on Donald Trump's incoming administration to boost economic growth and policy certainty by backdating promised corporate and personal tax cuts to Jan. 1, 2025, she told Reuters.
- Reuters26/12 Breakingviews - SpaceX will be a better $1 trln bet than Tesla
-Rocket maker SpaceX’s internal $350 billion valuation makes it among the globe’s most valuable private startups. That’s still a fraction of the worth of boss Elon Musk’s electric-car company Tesla , which sports a $1 trillion market value. In 2025, though, it will become clear that terrestrial ambitions are no match for the stars.
- Reuters26/12 BYD contractor denies 'slavery-like conditions' claims by Brazilian authorities
-Jinjiang Group, a contractor for Chinese electric vehicle maker BYD , said on Thursday Brazilian authorities' portrayal of their employees as "enslaved" was inconsistent with the facts and that there were translation misunderstandings.
- Reuters25/12 Toyota global production down for 10th month despite rising sales
-Toyota Motor's global production decreased for a 10th straight month in November, the Japanese carmaker said on Wednesday, although its worldwide sales grew for the second consecutive month on solid demand in the United States and China.
- Reuters24/12 Toyota is donating $1 million to Trump's inauguration
-Toyota Motor of North America is donating $1 million to President-elect Donald Trump's Jan. 20 inauguration, a company spokesman said on Tuesday, a day after Detroit's Ford Motor and General Motors , said they would give the same amount.
- Reuters23/12 Arcadium Lithium shareholders approve $6.7 bln Rio Tinto deal
-Arcadium Lithium said on Monday its shareholders have voted in favor of a $6.7 billion sale to Australian mining giant Rio Tinto .
- Reuters23/12 Trump previews combative foreign policy with threats to Panama, Greenland
-Donald Trump's surprise threat to retake control of the Panama Canal and his expansionist declaration that the United States should own Greenland signals that the incoming U.S. president will pursue a foreign policy unbound by diplomatic niceties.
- Reuters23/12 Breakingviews - Trump and Tesla will turbocharge self-driving race
-In 2025, a competition to master assisted and autonomous driving will begin in earnest. Carmakers like Tesla are chasing a market that McKinsey reckons could be worth $400 billion by 2035. But the benefits may prove elusive.
- Reuters23/12 Inflation, elections and war dominated 2024
-Inflation dropped in most economies around the world in 2024, but voters didn’t care.
- Reuters23/12 Honda, Nissan set to announce launch of integration talks, sources say
-Honda and Nissan are expected on Monday to announce the start of business integration talks, two people familiar with the matter told Reuters, as the carmakers strive to survive a rapidly changing industry landscape.
- Reuters22/12 China's Nio says new Firefly EV to go on sale in Europe in H1 2025
-China's Nio on Sunday said it would launch its new Firefly electric vehicle brand in Europe early in the first half of 2025, betting that it would help the company overcome European Union tariffs.
- Reuters20/12 Tesla recalls nearly 700,000 vehicles in US over tire pressure monitoring system issue
-Tesla said on Friday it was recalling 694,304 vehicles in the United States over an issue with the tire pressure monitoring system (TPMS).
- Reuters20/12 House Democrat says Republicans protecting Elon Musk's Chinese investments
-The top Democrat on the House of Representatives Appropriations Committee said on Friday that Republicans in Congress were protecting Elon Musk's Chinese investments by scrapping provisions restricting U.S. investments.
- Reuters20/12 Wall St Week Ahead Investors hope for 'Santa Claus' rally as stocks lose steam
-With December so far delivering Scrooge-like returns in an otherwise stellar year for U.S. stocks, investors hope the tail end of 2024 offers some holiday cheer, but warn of potential headwinds.
- Reuters20/12 Tesla's 2024 deliveries growth might hinge on Musk's unorthodox Cybertruck
-Tesla is aiming to post slight growth in 2024 deliveries over last year with generous incentives across its EVs - but a lot depends on the success of the new Cybertruck pickup, which is showing signs of weakness, analysts said.
- Reuters20/12 After Northvolt, Europe's battery hopes rely heavily on China
-Northvolt's financial collapse has not entirely crushed Europe's dream of developing its own electric vehicle batteries but fulfilling it is likely to require Chinese cash and expertise.
- Reuters19/12 European car sales fall in November, led by France and Italy, ACEA says
-New car sales growth in Europe turned negative again in November, after showing a meagre growth in October, weighed by sharp declines in France and Italy, and a stagnation in Germany, industry data showed on Thursday.
- Reuters18/12 Trump urges US lawmakers to reject spending bill, raising shutdown odds
-President-elect Donald TrumpWednesday called on U.S. lawmakers to reject a stopgap bill to keep the government funded past Friday, raising the likelihood of a partial shutdown.
- Reuters18/12 CATL says it has co-developed 10 new EV models with swappable batteries
-CATL said on Wednesday it had co-developed 10 new electric vehicle models with automakers that use swappable batteries, as the Chinese battery giant seeks to lead a trend it says will replace a third of gasoline stations in China.
- Reuters18/12 Honda, Nissan move to closer tie-up as competition intensifies, source says
-Honda and Nissan are moving towards a closer tie-up with talks of setting up a holding company, a source said, in the clearest sign yet of reorganisation in Japan's auto industry in response to immense challenges posed by Tesla and Chinese rivals.
- Reuters18/12 Corporate America pledges donations for Trump's inauguration
-Companies ranging from finance majors to Silicon Valley behemoths are pledging donations to Donald Trump's inaugural fund as business leaders rush to ensure a favorable relationship with the U.S. president-elect after his November election win.
- Reuters17/12 Here's what we know about Trump's planned executive orders so far
-U.S. President-elect Donald Trump plans to issue a flurry of executive orders and directives on his first day in office on Jan. 20, to put his stamp on his new presidency on everything from immigration to energy.
- Reuters17/12 Exclusive: Power failed at SpaceX mission control before September spacewalk by NASA nominee
-The spacewalk was carried out by private astronauts including Jared Isaacman, a fellow billionaire and longtime Musk partner who is now nominated by President-elect Trump to be administrator of NASA.
- Reuters17/12 Focus: Europe's carmakers discount EVs, hike petrol car prices as new emissions rules loom
-European automakers are raising prices of petrol cars and readying discounts on electric vehicles as they brace for yet another challenge - tougher emissions rules that threaten to further shrink profits across the struggling industry.
- Reuters16/12 Exclusive: Trump transition team to roll back Biden EV, emissions policies
-Incoming U.S. President Donald Trump’s transition team is recommending sweeping changes to cut off support for electric vehicles and charging stations and to strengthen measures blocking cars, components and battery materials from China, according to a document seen by Reuters.
- Reuters16/12 Breakingviews - OpenAI IPO would create the next hot meme stock
-Artificial intelligence models require vast amounts of data. The companies that run them, like ChatGPT creator OpenAI, require vast amounts of cash. There’s a logical solution to the $157 billion group’s perpetual fundraising quest: the mother of all meme-stock initial public offerings in 2025.
- Reuters13/12 Judge clears way for Musk appeal to try to restore $56 billion Tesla pay
-A Delaware judge cleared the way on Friday for Elon Musk and Tesla to begin legal appeals to try to reinstate the chief executive's record-breaking $56 billion pay package from the electric carmaker.
- Reuters13/12 US Supreme Court to hear dispute over California tailpipe emissions, EV standards
-The U.S. Supreme Court agreed on Friday to hear a bid by fuel producers to challenge California's standards for vehicle emissions and electric cars under a federal air pollution law in a major case testing the Democratic-governed state's power to fight greenhouse gases.
- Reuters13/12 Exclusive: Yellen warns incoming Trump team against interfering with bank supervision
-U.S. Treasury Secretary Janet Yellen on Friday urged the incoming Trump administration to refrain from interfering with what she called critically important appropriate regulation of American banks' capital levels, liquidity and risk-taking.
- Reuters13/12 Musk has until Monday to respond to SEC Twitter settlement, source says
-The U.S. Securities and Exchange Commission has given Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire's $44-billion takeover of Twitter in 2022, a source familiar with the matter told Reuters.
- Reuters13/12 Exclusive: Trump transition recommends scrapping car-crash reporting requirement opposed by Tesla
-The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk’s Tesla , according to a document seen by Reuters, a move that could cripple the government’s ability to investigate and regulate the safety of vehicles with automated-driving systems.
- Reuters13/12 SEC 'reopens' probe into Neuralink, Musk's lawyer says
-The U.S. Securities and Exchange Commission (SEC) this week has reopened an investigation into Elon Musk's brain-chip startup Neuralink, according to a letter shared by Musk on Thursday on social media platform X.
- Reuters13/12 Elon Musk says SpaceX headquarters to be in Starbase, Texas
-Elon Musk said on social media platform X on Thursday that the SpaceX headquarters will now officially be in the city of Starbase, Texas.
- Reuters12/12 Elon Musk's net worth tops $400 billion, Forbes billionaires list shows
-Tesla CEO Elon Musk's net worth crossed $400 billion on Thursday, the Forbes real-time billionaires list showed, boosted by a nearly 71% surge in the automaker's shares this year and the soaring valuation of his rocket company SpaceX.
- Reuters12/12 Stellantis to align to ACEA proposals after rejoining lobby group
-Stellantis decision to rejoin the European auto lobby ACEA means the carmaker will immediately align itself with the group's proposals, Stellantis' Europe Chief Jean-Philippe Imparato said on Thursday.
- Reuters12/12 Formula E pays $250,000 to charity after Verstappen wins F1 title
-Max Verstappen has assured Formula E he will be watching their races after the electric series donated $250,000 to charity following a bet on the Red Bull driver's fourth successive Formula One title.
- Reuters11/12 VW offers 14% wage hike over four years to Tennessee factory workers
-Volkswagen said Wednesday it is offering its newly unionized workers at its Tennessee assembly plant a 14% wage increase over four years and profit sharing.
- Reuters11/12 Stunning rally in Big Tech drives Nasdaq to 20,000
-The Nasdaq Composite Index hit 20,000 for the first time on Wednesday, putting an exclamation point on a year in which excitement over artificial intelligence and expectations of falling interest rates fueled a searing rally in technology stocks.
- Reuters11/12 Google-parent Alphabet hits record high after Trump taps Andrew Ferguson as FTC chair
-Alphabet led a Big Tech rally on Wednesday, with its stock hitting a record high after U.S. President-elect Donald Trump picked Federal Trade Commissioner Andrew Ferguson to lead the consumer protection and antitrust agency.
- Reuters11/12 Wall Street mostly upbeat on GM's decision to pull the plug on Cruise
-General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the automaker's decision to do so was still a disappointing end for an operation that GM had touted as a potential $50 billion revenue generator by 2030.
- Reuters11/12 Tesla sells 21,900 EVs in China in first week of Dec, the highest in Q4
-U.S. automaker Tesla sold 21,900 electric vehicles in China in the first week of December, the highest weekly sales in the fourth quarter of 2024, according to Tesla China on Wednesday.
- Reuters10/12 How the world could unplug from China’s batteries: podcast
-International cell makers are struggling to compete with Chinese giants like CATL. But innovations like solid-state batteries could upend the industry in the not-too-distant future. In this week’s episode of The Big View podcast, QuantumScape CEO Siva Sivaram explains how.
- Reuters10/12 Stellantis, China's CATL to invest $4.33 bln in EV battery factory in Spain
-Stellantis and Chinese battery maker CATL will invest 4.1 billion euros ($4.33 billion) in a factory making electric vehicle batteries in Zaragoza in northern Spain, they said in a statement on Tuesday.
- Reuters09/12 Tesla aims to launch robotaxi with teleoperator backup, Deutsche Bank says
-Tesla aims to start its robotaxi service with a company-owned fleet backed up by human teleoperators for safety, Deutsche Bank said in a note after a meeting with the company's head of investor relations.
- Reuters09/12 BYD on track to top 2024 sales goal and outsell Ford, Honda
-China's top electric vehicle producer BYD is set to show further market share gains when November vehicle sales data is released on Monday, putting it on course to exceed its annual goal and overtake Ford and Honda in global sales.
- Reuters08/12 Evans makes Formula E history by winning from last place
-Jaguar's Mitch Evans chalked up a Formula E first by going from last on the grid to victory in the season-opening round in Brazil.
- Reuters08/12 EV maker VinFast to build second production plant in Vietnam
-Vietnamese electric vehicle (EV) manufacturer VinFast on Sunday announced a plan to build its second domestic production plant that will double its output capacity, saying it is needed to meet increased demand for its small and mid-sized models.
- Reuters06/12 Exclusive: Trump may cancel US Postal Service electric mail truck contract, sources say
-Donald Trump's transition team is considering canceling the United States Postal Service's contracts to electrify its delivery fleet, as part of a broader suite of executive orders targeting electric vehicles, according to three sources familiar with the plans.
- Reuters06/12 Musk spent over a quarter of a billion dollars to help elect Trump
-Elon Musk spent over a quarter of a billion dollars to help Donald Trump win November's presidential election, according to new filings, underscoring the influence one of the world's wealthiest people had on this year's White House race.
- Reuters05/12 Breakingviews - US market juggernaut poses top risk for 2025
-Many large investors are approaching 2025 with a sense of nervous anticipation. That may seem surprising: the world economy has so far avoided a hard landing, while U.S. equities are on track to gain 20% or more for the second year running. President-elect Donald Trump’s impending return to the White House and lingering inflation concerns give money managers reason to fret. The biggest risk, howev
- Reuters05/12 VW workers step up strikes to fight German plant closures
-Volkswagen workers will go on extended strikes on Monday, stepping up a bitter dispute with management over layoffs and what would be the first factory closures on German soil for Europe's largest carmaker, a union statement said on Thursday.
- Reuters05/12 China automakers pivot to hybrids for Europe to counter EV tariffs
-Automakers in China are ramping up exports of hybrid vehicles to Europe and planning more models for the key market, exposing the limits of the European Union's electric vehicle tariff scheme.
- Reuters05/12 Nissan boss Uchida races to save the automaker - and his job
-In early October, Nissan Motor managers dialed in for a regular online meeting with boss Makoto Uchida only to hear a grim message: business was worse than expected and the Japanese car maker had to cut jobs and production.
- Reuters04/12 Exclusive: 'Radical' targets toppled Tavares at Stellantis, sources say
-Targets deemed unrealistic or destructive by some board members triggered the sudden fall of Stellantis CEO Carlos Tavares just a month after he received their full backing, two people with knowledge of the matter told Reuters.
- Reuters04/12 GM to take more than $5 billion in charges on China operations
-General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its joint venture in China, one related to the restructuring of the operation and another reflecting its reduced value.
- Reuters04/12 ETFs tracking securitized debt, AI and Novo Nordisk add to industry’s banner 2024
-Three separate asset management firms launched exchange-traded funds on Tuesday, unveiling products focused on securitized debt, the artificial intelligence industry and Ozempic-maker Novo Nordisk in the closing weeks of a year that has seen a deluge of new funds.
- Reuters03/12 Why GM could suffer under Trump policies to ‘save’ Detroit automakers
-It might seem like U.S. President-elect Donald Trump’s plan to gut automotive emissions restrictions and fuel-efficiency standards would be a boon to General Motors , America’s leading purveyor of full-sized trucks and SUVs and its biggest tailpipe polluter.
- Reuters02/12 Stellantis CEO did not confirm Maserati EV plans, union says
-Stellantis CEO Carlos Tavares has failed to confirm previously announced electrification plans for Maserati, Italian trade unionists said after meeting him on Tuesday, adding to concern about the loss-making luxury brand.
- Reuters30/11 World markets head for reality check after month of Trump
-November was a month of clear winners and losers from Donald Trump's Nov. 5 U.S. election victory.
- Reuters30/11 JPMorgan agrees to drop lawsuit against Tesla over stock warrants
-U.S. lender JPMorgan Chase agreed on Friday to drop its lawsuit against Tesla that accused the electric vehicle maker of "flagrantly" breaching a contract between the two companies in 2014 relating to warrants Tesla sold to the bank.
- Reuters29/11 Breakingviews - Nissan and Honda would drive better together
-It's time for Toyota Motor's two biggest domestic rivals to deal with their problems by joining forces. Nissan Motor's woes are the more obvious: poor results prompted the $9 billion manufacturer into an emergency overhaul this month. But $40 billion Honda Motor's autos unit is subpar, too. Welding them together would give scope to cut costs, charge earnings and invest more efficiently and effecti
- Reuters29/11 India to expand EV manufacturing incentives after Tesla disappointment, source says
-India plans to expand electric vehicle incentives to automakers building models at existing factories in the country, instead of limiting the benefits to automakers willing to build new plants, a person with direct knowledge of the matter said.
- Reuters28/11 World markets head for reality check after month of Trump
-November was a month of clear winners and losers from Donald Trump's Nov. 5 U.S. election victory.
- Reuters28/11 Nissan October production down globally except in Mexico, but Trump tariff threat looms
-Nissan Motor said on Thursday its global production fell for a fifth straight month in October, led by downshifts at most of its manufacturing hubs except for Mexico.
- Reuters28/11 Toyota's global output declines for ninth straight month in October
-Toyota Motor's global output dropped for a ninth consecutive month in October, dragged lower by big falls in production in the United States and China but the decline was mild compared to previous months.
- Reuters28/11 China's state media praise some U.S. firms amid fears of a new trade war
-China's state media have praised some U.S. firms for "strong collaboration" - commentary that comes amid fears of a trade war and is reminiscent of how tensions with the U.S. were covered by Chinese newspapers during Donald Trump's first presidency.
- Reuters27/11 Exclusive: VW to exit Xinjiang operation; will sell plant, test tracks, sources say
-Volkswagen will exit its controversial plant in China's Xinjiang region after it and its Chinese partner agreed to sell the asset to a Shanghai government-owned buyer, two people familiar with the matter said on Wednesday.
- Reuters27/11 Exclusive: China's Hesai to halve lidar prices next year, sees wide adoption in electric cars
-China's Hesai Group , the world's largest maker of lidar sensors for autonomous driving, said it plans to slash the price of its key product by half next year which should lead to far wider adoption of the technology in electric cars.
- Reuters27/11 Exclusive: In careful protest, China Evergrande's investors press for action
-Hundreds of Chinese investors who lost savings in the collapse of China Evergrande launched a coordinated campaign this month to press authorities for an update on the failed property developer.
- Reuters26/11 GM and other US automakers would take big hit from Trump tariffs
-U.S. President-elect Donald Trump's plan to slap a 25% tax on all imports from Mexico and Canada could strike the bottom lines of U.S. automakers, especially General Motors , and raise prices of SUVs and pickup trucks for U.S. consumers.
- Reuters26/11 Musk uses X to push his preferred political picks. Trump isn't always swayed
-Billionaire Elon Musk has been using his social media platform X to go to bat for President-elect Donald Trump's cabinet picks and promote his own preferred candidates, advocating for choices he views as change agents who will help remake the U.S. government.
- Reuters26/11 Rivian gets $6.6 bln conditional loan approval to build Georgia EV plant
-Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to build the electric vehicle maker's production facility in Georgia.
- Reuters26/11 Trump's tariff pledge spells trouble for auto and tech companies
-President-elect Donald Trump on Monday pledged tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.
- Reuters25/11 Tesla would likely be excluded from California state EV tax proposal
-Tesla's electric vehicles likely would not qualify for California's new state tax credits under a proposal in the works if President-elect Donald Trump scraps the federal tax credit for EV purchases, Governor Gavin Newsom's office said on Monday.
- Reuters25/11 Tesla racked up greenhouse emissions credits in 2023 as other automakers lagged
-Tesla generated nearly 34 million metric tons of greenhouse gas credits in the 2023 model year by selling electric vehicles, as the auto industry racked up significant credit deficits in the face of more stringent emissions standards.
- Reuters25/11 Volkswagen has taken major writedown on Northvolt stake, sources say
-Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker that filed for bankruptcy protection in the United States last week, two people familiar with the matter said.
- Reuters25/11 Exclusive: Trump prepares wide-ranging energy plan to boost gas exports, oil drilling, sources say
-Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U.S. coast and on federal lands, according to two sources familiar with the plans.
- Reuters25/11 Breakingviews - Nvidia’s next move is to hit the road
-When Nvidia posted third-quarter earnings on Wednesday, all eyes were on the $3.5 trillion chipmaker’s data center unit. Boosted by ravenous demand from the likes of Microsoft or Meta Platforms , who stuff its graphics processors into server farms training artificial intelligence, the segment accounted for nearly 90% of the company’s $35 billion of revenue. At a mere 1% of revenue, Nvidia’s automo
- Reuters24/11 Explainer: COP29 - How does $300 billion stack up?
-Countries agreed at the U.N.'s COP29 climate conference to spend $300 billion on annual climate finance. Here are some ways of understanding what that sum is worth:
- Reuters22/11 Tesla must face part of 'phantom braking' lawsuit, US judge rules
-Elon Musk’s electric vehicle maker Tesla failed to persuade a U.S. judge to throw out a consumer lawsuit accusing it of failing to warn buyers about an alleged defect that can cause the cars to brake automatically when there is no actual collision risk.
- Reuters22/11 Companies invest in EV battery factories in Europe
-Northvolt, the Swedish maker of battery cells for electric vehicles, on Thursday filed for Chapter 11 bankruptcy protection in the U.S., in a blow to European hopes of building a home-grown EV battery industry to compete with China.
- Reuters22/11 Automakers urge Trump to preserve EV tax credits, boost self-driving cars
-A group representing major automakers including General Motors , Toyota Motor Corp , and Volkswagen urged President-elect Donald Trump to retain key tax credits for electric vehicle purchases and take steps to speed deployment of self-driving cars.
- Reuters22/11 Northvolt goes from Europe battery promise to crisis
-Sweden's Northvolt said on Thursday it will seek U.S. Chapter 11 bankruptcy protection as the cash-strapped battery start-up seeks to sort out its finances.
- Reuters