Keyword "TOPIC:RATI-STRATEGY" - List of latest news (48 results)

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.

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.

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.

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.

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 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.

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.

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 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.

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 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.

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 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.

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 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 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.

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 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 '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.

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 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 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 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 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.

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 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 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 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 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 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%.

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 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 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.