Showing 1 - 10 of 10
Luxury carmaker Lotus to slash UK jobs amid US tariffs
AFP, Published on 29/08/2025
» LONDON — Chinese-owned luxury carmaker Lotus said Thursday that it planned to cut up to 550 UK jobs, in part over uncertainty caused by US President Donald Trump's tariffs.
Volvo Cars swings into loss on EVs, tariffs
AFP, Published on 17/07/2025
» STOCKHOLM - Volvo Cars announced on Thursday it had swung into loss in the second quarter, after it took an impairment charge for its electric cars, booked restructuring charges and dealt with a slower, tariff-troubled market.
Trump goads China after Beijing retaliates in global trade war
AFP, Published on 05/04/2025
» WASHINGTON — United States President Donald Trump goaded a "panicked" China on Friday after the chief US economic rival retaliated against his tariffs and he dismissed stock market panic over the growing global trade war, touting the chance to "get rich."
Tesla, BMW take EU to court over China EV tariffs
AFP, Published on 28/01/2025
» BRUSSELS (BELGIUM) — Elon Musk's Tesla and German auto giant Bayerische Motoren Werke (BMW) have challenged European Union (EU) import tariffs on China-made electric vehicles (EVs) at the bloc's top court, the European Commission said on Monday.
Renault touts 'warm' Nissan ties as pair review alliance
AFP, Published on 15/11/2022
» TOKYO: There is a "warm atmosphere" within the Renault-Nissan alliance and a deal regarding its future will be announced "in due time", the French carmaker's chairman said Tuesday.
Renault to reorganise towards electric future
AFP, Published on 08/11/2022
» PARIS - French automaker Renault will pitch investors Tuesday on its planned green revamp, with two spin-offs: a new electric-vehicle unit and a subsidiary for thermal and hybrid assets.
Going electric: Carmakers make the switch
AFP, Published on 25/07/2021
» PARIS: Leading automakers have signalled their intention to scrap internal combustion engines by 2030 or cut back sharply on their production as the sector turns towards electric vehicles.
Hover-taxi whizzes over Singapore, firm eyes Asian push
AFP, Published on 22/10/2019
» SINGAPORE: A drone-like flying taxi whirred over Singapore's waterfront Tuesday, with the firm behind the test hoping the aircraft will revolutionise travel in traffic-choked Asian cities.
Malaysia PM floats new national car project
AFP, Published on 11/06/2018
» TOKYO: Malaysia's newly elected Prime Minister Mahathir Mohamad on Monday floated the possibility of a national car project, despite the problems of a similar endeavour started during his previous term decades ago.
China manufacturing firms plunge on foreign ownership plan
AFP, Published on 18/04/2018
» SHANGHAI: Shares in top Chinese manufacturing companies plunged on Wednesday after Beijing announced plans to phase out ownership limits for foreign automakers, shipbuilders and aircraft firms.