News
Daimler Truck Q1 unit sales decline on weak North America demand
6+ day, 7+ hour ago (136+ words) WTAQ Daimler Truck Q1 unit sales decline on weak North America demand April 10 (Reuters) " Daimler Truck, one of the world's largest "truckmakers, on Friday reported a 9% decline in first-quarter group unit sales, weighed down by "a sharp "slowdown in North "America....
From Boston to Denver, US drivers cut back as Iran war pushes fuel costs higher
5+ day, 5+ hour ago (516+ words) By Shariq Khan, Georgina Mc Cartney and Tim Mc Laughlin NEW YORK, April 11 (Reuters) " Boston resident Pat Ouedraogo has cut longer-distance trips, while aspiring law student Skyler Burke drives extra miles to avoid pricier gasoline pumps closer to home. In…...
Middle East war spotlights Florida's fuel supply vulnerability
6+ day, 17+ min ago (567+ words) NEW YORK, April 10 (Reuters) " Florida residents have paid significantly more than the nationwide average for gasoline and diesel in recent weeks as the U. S. -Israeli war with Iran forces the Sunshine State to compete with Europe and Asia for fuel produced…...
Hyundai Motor flags export disruptions as Middle East conflict hits shipping
1+ week, 6+ day ago (457+ words) PYEONGTAEK, South Korea, April 3 (Reuters) " Hyundai Motor said on Friday that exports to Europe and North Africa, which typically transit through the Middle East, were being disrupted by the conflict in the region, underscoring growing strains on global "supply chains....
Tesla eyes Japan's top imported-car spot as it expands store, service network
1+ week, 6+ day ago (480+ words) TOKYO, April 3 (Reuters) " Tesla plans to expand in Japan to at least 60 stores as it seeks to become the country's biggest imported car brand by as early as next year, the head of its Japan business said on "Friday. Expanded…...
Ford first-quarter US auto sales fall as affordability concerns weigh on demand
2+ week, 2+ hour ago (265+ words) April 2 (Reuters) " Ford Motor reported a near 9% drop in first-quarter U. S. sales on Thursday, as persistent affordability pressures prompt consumers "to rethink big-ticket purchases. Higher financing costs, elevated "sticker prices and the expiry of federal tax credits for electric vehicles have…...
Tesla deliveries mark weakest quarter in a year, inventory swells
1+ week, 6+ day ago (661+ words) April 2 (Reuters) " Tesla kicked off 2026 with its weakest quarterly deliveries in a year, missing Wall Street expectations as fading U. S. incentives and intensifying global competition strain its core electric vehicle business. Shares of the Elon Musk-led company fell more than 4%, after…...
Rivian beats quarterly delivery estimates as EV demand stabilizes
1+ week, 6+ day ago (290+ words) April 2 (Reuters) " Rivian Automotive exceeded analysts" expectations for first-quarter vehicle deliveries, indicating stabilized demand for its SUVs and R1 T pickup trucks after a "decline last year due to the end "of U. S. tax credits for electric vehicles. The Irvine, California-based automaker…...
China set to extend fuel export ban with small exemptions, sources say
2+ week, 1+ day ago (355+ words) By Trixie Yap and Siyi Liu SINGAPORE, March 31 (Reuters) " China is poised to extend its ban on refined fuel exports into April, five industry sources with knowledge of the matter said, "though exemptions could be applied to small volumes bound…...
Volkswagen CEO tells newspaper German carmakers should look to Chinese planning
3+ week, 4+ day ago (153+ words) BERLIN, March 22 (Reuters) " Germany's car industry could learn from China's disciplined industrial planning, "Volkswagen CEO Oliver "Blume said in an interview released on Sunday, as the automaker pushes ahead with deep restructuring to "stay "competitive. "The Chinese proceed "in a…...