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 Mexico's automotive production and exports rise in March

Mexico's automotive production and exports rise in March

April 10, 2023 10:15 PM AEST | By Reuters

(Reuters) - Mexican automotive production and exports rose in March from the same month a year earlier, data from the national statistics agency (INEG...


 India's Tata Motors jumps to a 7-month high on strong Q4 JLR sales

India's Tata Motors jumps to a 7-month high on strong Q4 JLR sales

April 10, 2023 05:51 PM AEST | By Reuters

BENGALURU (Reuters) - Shares of Indian automaker Tata Motors Ltd rose as much as 8.15% to a seven-month high on Monday after its luxury car unit Jagua...


 Foxconn plans $800 million investment in southern Taiwan

Foxconn plans $800 million investment in southern Taiwan

April 09, 2023 04:57 PM AEST | By Reuters

TAIPEI (Reuters) - Foxconn is planning to invest T$25 billion ($820 million) in the next three years in new manufacturing facilities in southern Taiwa...


 Toyota looks to overhaul EV strategy as new CEO takes charge

Toyota looks to overhaul EV strategy as new CEO takes charge

April 06, 2023 09:00 PM AEST | By Reuters

By Norihiko Shirouzu, Joseph White and Maki Shiraki (Reuters) - After making sweeping changes to its leadership team, Japan's Toyota Motor Corp is loo...


 UK new car sales rise 17% in March; best ever month for EVs

UK new car sales rise 17% in March; best ever month for EVs

April 05, 2023 03:37 PM AEST | By Reuters

(Reuters) - New car registrations in the United Kingdom rose for the eighth consecutive month in March, recording a more than 17% rise from a year ear...


 Toyota's global sales notch up a February record as parts shortage eases

Toyota's global sales notch up a February record as parts shortage e...

March 30, 2023 03:33 PM AEDT | By Reuters

TOKYO (Reuters) - Toyota Motor Corp said on Thursday that global sales hit a record for the month of February as it bounced back from severe pandemic-...


 Hyundai Motor America to recall 567,912 vehicles - NHTSA

Hyundai Motor America to recall 567,912 vehicles - NHTSA

March 23, 2023 11:58 PM AEDT | By Reuters

(Reuters) - Hyundai Motor America will recall 567,912 vehicles, as some models equipped with a tow hitch harness could catch fire due to a short circu...


 Mitsubishi Motors to electrify 100% of its fleet by 2035 - Yomiuri

Mitsubishi Motors to electrify 100% of its fleet by 2035 - Yomiuri

March 10, 2023 12:16 PM AEDT | By Reuters

TOKYO (Reuters) - Japanese carmaker Mitsubishi Motors Corp plans to electrify 100% of its fleet by 2035 through active introduction of hybrid and elec...


 Nissan to overhaul electric powertrains for EVs, hybrids in search of cost cuts

Nissan to overhaul electric powertrains for EVs, hybrids in search o...

March 09, 2023 01:10 PM AEDT | By Reuters

YOKOHAMA, Japan (Reuters) - Nissan Motor Co Ltd on Thursday said it will overhaul its approach to powertrains for all-electric and hybrid petrol-elect...


 S&P cuts Nissan credit rating to junk status

S&P cuts Nissan credit rating to junk status

March 07, 2023 09:11 PM AEDT | By Reuters

TOKYO (Reuters) - Nissan Motor Co Ltd's credit rating was cut to junk status by S&P Global Ratings on Tuesday, which said the Japanese automaker's...


 UK's new car registrations jump 25% in February

UK's new car registrations jump 25% in February

March 06, 2023 04:38 PM AEDT | By Reuters

(Reuters) - British new car registrations rose by a quarter in February and almost half a million plug-in cars are expected to join the road by the en...


 Mexico can't match U.S. incentives for proposed Tesla battery plant, minister says

Mexico can't match U.S. incentives for proposed Tesla battery plant,...

March 04, 2023 02:16 PM AEDT | By Reuters

MEXICO CITY (Reuters) - Mexico would not be able to match the incentives offered under a U.S. act to tame inflation if Tesla Inc builds a battery plan...


 Nissan and Mexican workers agree to 9% raise at Morelos plant, union says

Nissan and Mexican workers agree to 9% raise at Morelos plant, union...

March 04, 2023 10:10 AM AEDT | By Reuters

MEXICO CITY (Reuters) - Labor representatives at a Nissan Motor Co Ltd plant in the central Mexican state of Morelos have reached an agreement with th...


 Aston Martin says profitability to improve this year after tough 2022

Aston Martin says profitability to improve this year after tough 202...

March 01, 2023 07:27 PM AEDT | By Reuters

(Reuters) - Aston Martin, a London-listed luxury carmaker, said it expects profitability to improve this year and to turn free cash flow positive in t...


 Aston Martin forecasts positive free cash flow in second half

Aston Martin forecasts positive free cash flow in second half

March 01, 2023 06:23 PM AEDT | By Reuters

(Reuters) - Aston Martin said on Wednesday it expected to improve its profitability this year and turn positive free cash flow in the second half, aft...


 Aston Martin 2022 losses swell to $142 million

Aston Martin 2022 losses swell to $142 million

March 01, 2023 06:17 PM AEDT | By Reuters

(Reuters) - Aston Martin said on Wednesday it expected to improve its profitability this year and turn positive free cash flow in the second half, aft...


 Toyota's vehicle production up by 8.8% in January, still short of plan

Toyota's vehicle production up by 8.8% in January, still short of pl...

February 27, 2023 03:49 PM AEDT | By Reuters

TOKYO (Reuters) - Toyota Motor Corp boosted global vehicle production by 9% in January, it said on Monday, marking its first increase in three months...


 Indonesia Battery Corp eyes surge in electric scooters sales on incentive plan

Indonesia Battery Corp eyes surge in electric scooters sales on ince...

February 24, 2023 11:18 PM AEDT | By Reuters

By Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) - State battery company Indonesia Battery Corporation (IBC) is targeting a local market...


 Toyota to accept full union demand for wage hike for third straight year, Asahi reports

Toyota to accept full union demand for wage hike for third straight...

February 22, 2023 11:37 AM AEDT | By Reuters

TOKYO (Reuters) - Toyota Motor Corp, the world's biggest automaker, is set to accept the union's demand in full for a rise in wages and bonus payments...


 Rio Tinto enters agreement with BMW to provide hydro-produced aluminum

Rio Tinto enters agreement with BMW to provide hydro-produced alumin...

February 21, 2023 07:08 PM AEDT | By Reuters

By Stephen Culp NEW YORK (Reuters) - Rio Tinto on Tuesday said it would supply BMW with aluminum it produces in Canada using hydroelectric power, lowe...


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