NEW YORK, Jan 30 (Reuters) – U.S. lender Citizens Financial Group (CFG.N) cut back on auto lending last year and plans to further reduce its exposure to the segment as it becomes cautious on certain […]
SummaryCompaniesQ3 profit a record 211 mln eurosNo sign of recession – CFOStrong dollar, Asian travel to boost demandShares fall 1%; up 25% in 2023DUBLIN, Jan 30 (Reuters) – Ryanair (RYA.I) on Monday posted a record […]
Jan 30 (Reuters) – Israeli electric vehicle (EV) startup City Transformer aims to launch production of its small urban CT-2 model in Western Europe by the end of 2024 and will soon launch a Series […]
FRANKFURT, Jan 28 (Reuters) – Ford (F.N) executives have indicated they are willing to hold talks with labour representatives over planned structural changes at the U.S. carmaker’s plants in Germany, the head of the worker’s […]
Jan 27 (Reuters) – Lucid Group’s (LCID.O) shares surged 43% on Friday, paring gains after doubling on market speculation that Saudi Arabia’s Public Investment Fund (PIF) wanted to buy out the electric vehicle maker.The speculation […]
DETROIT, Jan 27 (Reuters) – General Motors Co (GM.N) and Ford Motor Co (F.N) are expected to report strong profits for 2022 next week, powered by premium-priced pickup trucks and sports utility vehicles (SUVs).Now, the […]
Jan 26 (Reuters) – Tesla Inc’s (TSLA.O) electric vehicles are expensive to repair – so much so that the automaker and insurers are addressing the issue in sharply different ways.Chief Executive Elon Musk says Tesla […]
TOKYO, Jan 26 (Reuters) – Koji Sato, who was named on Thursday as the future CEO of Japan’s top automaker Toyota Motor Corp (7203.T), is an engineer with a background in diesel engines who will […]
TOKYO/PARIS, Jan 26 (Reuters) – Nissan and Renault are closing in on a sweeping overhaul of their globe-spanning automaking alliance as top executives meet on Thursday for talks to reset the two-decade-old partnership and chart […]
LONDON, Jan 25 (Reuters) – Airbus Helicopters (AIR.PA) on Wednesday posted a 2% rise in deliveries last year to 344 units, cementing its position as the world’s largest commercial helicopter maker as it booked a […]
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