Cars

Moscow tells officials to buy Russian Ladas, Chinese cars

(Reuters) - Russia's government this week published a list of domestically-produced cars that state officials should buy, all either Russian or Chinese brands, highlighting Beijing's infiltration of Russia's automobile industry…

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EU ministers agree watered-down position on vehicle emissions

European Union ministers agreed on Monday to water down an initial European Commission proposal on new vehicle commissions after eight states including France and Italy said the changes could divert…

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US auto sales hint slowdown as economic woes weigh – S&P Global Mobility

Car sales in the United States are expected to remain steadfast in August but are showing early signs of a slowdown, S&P Global Mobility said, amid contract negotiations with workers…

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UPDATED: Germany, EU reach deal on future use of combustion engines

FRANKFURT/BRUSSELS, March 25 (Reuters) - The European Union and Germany have reached a deal on the future use of combustion engines, officials said on Saturday, an issue that has been…

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Germany sees progress in EU talks for ban on fossil fuel cars

Talks between Germany's Transport Ministry and the European Commission about the planned end of new combustion engines from 2035 are moving forward, the ministry said on Monday, but added it…

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Volkswagen to invest $193 billion over 5 years to hit EV target

Volkswagen plans to invest 180 billion euros ($192.76 billion) over the next five years in areas including battery production and its North American operations, it said on Tuesday, with spending…

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Group of EU countries to explore changes to car emissions law

PRAGUE, March 13 (Reuters) - Transport ministers from the Czech Republic, Germany, Italy, Poland, Portugal, Romania, Hungary and Slovakia will meet on Monday to discuss potential changes to proposed EU…

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UPDATED: Czech Republic calls meeting of EU countries on car emissions laws

By Kate Abnett BRUSSELS, March 9 (Reuters) - The Czech Republic has invited transport ministers from 11 European Union counties to meet in Strasbourg on Monday to discuss emissions-cutting policies…

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German minister says on right track with EU over combustion engine phase-out

BERLIN, March 6 (Reuters) - Germany's transport minister said on Monday that he was optimistic a row with the European Union over a bid to ban new cars with internal…

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UPDATED: EU delays vote on combustion engine phaseout after German pushback

By Kate Abnett and Miranda Murray BRUSSELS, March 3 (Reuters) - European Union countries have delayed a planned vote next week on the bloc's landmark law to end sales of…

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UK auto body calls for competitive help amid protectionism fears

Feb 24 (Reuters) - Britain's auto industry said on Friday it was looking to the upcoming budget to help boost competitiveness and investment in the sector in light of "increasing…

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Ford to cut one in nine jobs in Europe in electric revamp

Ford plans to cut one in nine jobs in product development and administration across Europe as part of a global drive to cut costs and be competitive in the electric…

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EU lawmakers approve effective 2035 ban on new fossil fuel cars

The European Parliament on Tuesday formally approved a law to effectively ban the sale of new petrol and diesel cars in the European Union from 2035, aiming to speed up…

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UK motor insurance costs jumped 8% in fourth quarter of 2022 – ABI

LONDON, Feb 3 (Reuters) - British households saw their motor insurance bills rise by 8% on average over the last three months of 2022, according to data published by the…

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European car sales will start recovering in 2023 despite economic uncertainty -ACEA

Sales of new cars in Europe should start to recover in 2023 despite the broader economic uncertainty, with an increase expected of 5% to reach 9.8 million vehicles, the European Automobile Manufacturers…

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EU phase out of fossil fuel cars unreasonable – Italy PM

ROME, Dec 29 (Reuters) - The European Union's decision to effectively ban the sale of new petrol and diesel cars from 2035 is unreasonable and hurts Italy's economic interests, Prime Minister Giorgia…

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‘Demand destruction’ to hurt 2023 global new light vehicle sales -S&P Global Mobility

Dec 20 (Reuters) - Global sales of new light vehicles are likely to be weighed down by "demand destruction" next year due to macroeconomic factors such as higher interest rates, tight supply…

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Europe’s car repairers call for competition rules rewrite

Europe's car repair and spare parts industry is calling for a rewrite of EU competition rules, arguing they allow carmakers and franchise dealers to disadvantage independent operators. The European Commission has recommended extending…

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UK new car sales rise in November, fail to zoom past 2019 levels

British new car registrations jumped nearly 24% in November from a year earlier to record their fourth straight month of gains, driven by sales of large fleets and a pick-up…

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Ferrari lifts full-year forecasts after strong Q2 results, record orders

Sports car maker Ferrari raised its forecasts for full-year revenue and core profit on Tuesday after posting what it described as record results in the second quarter and saying its order book…

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EU lawmakers back ban on new fossil-fuel cars from 2035

European Parliament lawmakers on Wednesday voted to support an effective EU ban on the sale of new petrol and diesel cars from 2035, rejecting attempts to weaken the proposal to…

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European new car sales drop 10th month in a row in April -ACEA

BERLIN, May 18 (Reuters) - The number of new cars sold in Europe declined for the 10th month in a row as supply chain issues continue to take a heavy toll on…

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EU regulators raid auto companies in several EU countries

EU antitrust regulators on Tuesday raided several companies and associations in the automotive industry in several EU countries, saying that they may have breached the bloc's cartel rules. The European…

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European Union car sales in January lowest on record -ACEA

BERLIN, Feb 17 (Reuters) - New car registrations in the European Union reached a historic low of 682,596 units in January as semiconductor shortages continued to hurt car sales across the region,…

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Some cars’ systems designed to keep drivers’ eyes on the road fail -AAA study

Some vehicles equipped with automated assistance technology aimed at keeping drivers alert and watching the road fail at that job, an American Automobile Association study found on Tuesday. The AAA…

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Tesla’s bumper delivery numbers charge up shares

Tesla Inc's shares started the year with stellar gains after the electric carmaker reported record deliveries for the fourth quarter, allaying fears of supply chain woes that have hit automakers. Shares of…

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Car executives expect EVs will own half of U.S., China markets by 2030 – survey

Auto industry executives expect electric vehicles will make up just over half of new vehicle sales in the United States and China by 2030, and could do so without receiving…

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BMW fourth quarter off to good start, sees double-digit 2021 margins

MW's October sales came in better than expected and November sales are off to a good start, the carmaker's CFO said on Tuesday, adding he expected the company to reach…

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Tesla joins $1 trillion club after 12% increase in stock value

The surge in Tesla Inc's stock market value beyond $1 trillion on Monday is a double bonanza for Chief Executive Elon Musk, the electric car maker's largest shareholder. The stock rallied 12.7%…

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EU moves closer to new legislation on motor insurance

The Council’s Permanent Representatives Committee gave its support to the political agreement reached between the Council and the European Parliament’s negotiators during the trilogue on 22 June 2021 on the…

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VW to end sales of combustion engines in Europe by 2035

German carmaker Volkswagen will stop selling combustion engines cars in Europe by 2035 as it shifts to electric vehicles, but later in the United States and China, a board member…

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Renault-Nissan and Hyundai face shutdowns in India over workers’ COVID fears

Automakers Renault , its alliance partner Nissan Motor Co and Hyundai Motor Co face temporary factory closures in India due to growing unrest among workers concerned about rising COVID-19 cases. Workers at Renault-Nissan's car plant…

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Volkswagen plans renewable investments in CO2 reduction push

Volkswagen plans to invest about 40 million euros ($48 million) in European wind and solar projects by 2025 as part of a push to become carbon neutral, the head of the…

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VW must repay customers who took loans on rigged diesels, says court

Volkswagen must fully compensate customers who took out loans to buy diesel cars that were discovered to be fitted with devices to cheat emissions tests, a German court has ruled.…

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Stellantis plant in Tychy, Poland celebrates 2.5 million Fiat 500s produced

2.5 million 500 models have now been produced at the Stellantis plant in Tychy, Poland. The record-breaking model, ordered by a customer from France, is a 500 Hybrid equipped with…

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Vehicles in Malta exceed 400,000 mark

At the end of September 2020, the stock of licensed motor vehicles stood at 400,586, the NSO said this morning. Out of this total, 76.8 per cent were passenger cars,…

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UK new car sales slump around 40% in lockdown January

LONDON, Feb 4 (Reuters) - British new car registrations fell by around 40% year-on-year in January, according to preliminary industry data released on Thursday, after nearly all of the United…

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Malta: Girl, 3, and boy, 5, hit by car in Naxxar

Two children were rushed to hospital on Thursday after they were injured in a traffic accident in Naxxar. A three-year-old girl and a five-year old boy were crossing Triq il-Parroċċa…

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UK to ban sale of new diesel and petrol cars in 2030

The U.K. will move up a planned ban on the sale of new diesel and petrol cars to 2030, the Financial Times reported on Saturday, as part of the government’s plan to…

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Malta: Marsa Junction Project sees opening of three new flyovers

Infrastructure Malta has announced yesterday’s opening of three new flyovers at the Marsa Junction Project. The three flyovers are providing new direct connections from Aldo Moro Street, Marsa, to two…

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Turkey increased taxation on cars, reduces duty

Turkey increased its special consumption tax on mid-range and expensive cars on Sunday, but also lifted the lower thresholds at which the duty is imposed, meaning that more vehicles could…

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EU: Average CO2 emissions from new cars and new vans increased again in 2019

The EEA has published the provisional data for the average CO2 emissions from new passenger cars and vans registered in the EU, Iceland, Norway and the UK in 2019. The provisional 2019 data on new registrations can be…

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Pandemic will make cars more expensive – Volkswagen

German car manufacturer Volkswagen said that following the outbreak of the novel coronavirus the price of key components in cars has seen drastic increases, putting further pressure on profits as…

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Carmakers announce work stoppages amidst worst disruption in a decade

Production lines fell silent across Europe on Monday. Factories across the region were mothballed. Manufacturers fought to contain the damage of an unprecedented loss of business. The Financial Times reports…

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Lisbon to improve parking for residents

Lisbon City Council has opened public consultations on proposed changes to parking and tariffs in the city. According to mobility councillor, Miguel Gaspar, the new regulations, first presented to the…

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Luxembourg has the most cars per inhabitant in the EU

According to research by the European statistics office, Eurostat, Luxembourg has the most cars per inhabitant in the European Union. Among the EU Member States with the highest ’motorisation…

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Corporate News : All New Opel Grandland X launched

The latest model in the Opel stable is now in Malta as Motors Inc. officially launched the All-New Grandland X on Friday August 3. The much-awaited SUV introduces forward-looking aesthetics…

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