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UAW asks US board for new unionization vote at Mercedes' Alabama plant

UPDATE 2-UAW asks US board for new unionization vote at Mercedes' Alabama plant Adds context in paragraphs 6-8 By Nora Eckert DETROIT, May 24 (Reuters) - The United Auto Workers (UAW) union is seeking a new election at a Mercedes-Benz plant in Alabama after losing a vote there last week, according to a petition filed on Friday with the National Labor Relations Board.
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European automakers need time, not tariffs, to fend off China competition

RPT-FOCUS-European automakers need time, not tariffs, to fend off China competition Repeats Thursday's story with no changes to text By Christoph Steitz and Joseph White MUNICH, May 23 (Reuters) - Europe's car giants won't have much time to restructure their operations and product lines to compete with ascendant Chinese automakers, and stiffer tariffs will do little to protect the status quo, industry executives said during a Reuters event.
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European automakers need time, not tariffs, to fend off China competition

RPT-FOCUS-European automakers need time, not tariffs, to fend off China competition Repeats Thursday's story with no changes to text By Christoph Steitz and Joseph White MUNICH, May 23 (Reuters) - Europe's car giants won't have much time to restructure their operations and product lines to compete with ascendant Chinese automakers, and stiffer tariffs will do little to protect the status quo, industry executives said during a Reuters event.
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European automakers need time, not tariffs, to fend off China competition

FOCUS-European automakers need time, not tariffs, to fend off China competition Adds NIO founder comment in paragraphs 13 and 14 By Christoph Steitz and Joseph White MUNICH, May 23 (Reuters) - Europe's car giants won't have much time to restructure their operations and product lines to compete with ascendant Chinese automakers, and stiffer tariffs will do little to protect the status quo, industry executives said during a Reuters event.
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Chinese carmaker NIO opens in Amsterdam despite EU tariff threat

UPDATE 1-Chinese carmaker NIO opens in Amsterdam despite EU tariff threat Updates with comment from NIO founder in paragraphs 1-2, background throughout By Toby Sterling AMSTERDAM, May 23 (Reuters) - Chinese electric carmaker NIO 9866.HK plans to continue its European expansion despite uncertainty over whether the European Union will impose tariffs on Chinese EVs, the company's founder William Li said on Thursday.
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Auto File: Europe, China and the Tariff Trap 

Auto File: Europe, China and the Tariff Trap  Joe White Global Autos Correspondent joe.white@thomsonreuters.com Greetings from Munich! The Auto File comes to you a day early from the Reuters Events Automotive Europe conference , which could just as well be called the Reuters Events China Angst Conference. European automakers are caught in the middle as European and U.S.
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European automakers need time, not tariffs, to fend off China competition

FOCUS-European automakers need time, not tariffs, to fend off China competition By Christoph Steitz and Joseph White MUNICH, May 23 (Reuters) - Europe's car giants won't have much time to restructure their operations and product lines to compete with ascendant Chinese automakers, and stiffer tariffs will do little to protect the status quo, industry executives said during a Reuters event.
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Motor racing-Porsche to stay in Formula E until at least 2030

Motor racing-Porsche to stay in Formula E until at least 2030 May 23 (Reuters) - Porsche will stay in the all-electric Formula E championship until at least 2030, the German manufacturer and series organisers said on Thursday. The announcement comes ahead of the series' return to China, after a four year absence due to the COVID-19 pandemic, with two races in Shanghai this weekend.
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Volkswagen CFO: in concrete discussions over car partnerships in India

UPDATE 3-Volkswagen CFO: in concrete discussions over car partnerships in India Volkswagen CFO: Indian market has clear potential Volkswagen CFO: in very good discussions on partnerships India accounted for 1% of Volkswagen deliveries in 2023 Adds context on VW's Indian exposure in paragraphs 8, 9 By Joseph White and Christoph Steitz MUNICH, May 23 (Reuters) - Volkswagen VOWG_p.DE is in concrete talks about partnering up on passenger car production in India, the group's finance chief said on Thu
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Volkswagen CFO: in concrete discussions over car partnerships in India

Volkswagen CFO: in concrete discussions over car partnerships in India MUNICH, May 23 (Reuters) - Volkswagen VOWG_p.DE is in concrete talks about partnering up on passenger car production in India, the group's finance chief said on Thursday, adding it was tough to earn money in the market that still presents a "clear" opportunity. "We are in very good discussions," Arno Antlitz told the Reuters Events Automotive Europe conference in Munich, "it's very, very concrete," he added.
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Volkswagen delays ID.7 EV launch in US, Canada

Volkswagen delays ID.7 EV launch in US, Canada May 22 (Reuters) - Volkswagen VOWG_p.DE has delayed the launch of its electric ID.7 sedan in the U.S. and Canada, the German automaker said on Wednesday, citing changing market dynamics. The company did not provide a new timeline for the launch of the electric sedan. It was slated to be rolled out in the U.S.
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VW and Renault pull plug on electric Twingo, Renault says

UPDATE 2-VW and Renault pull plug on electric Twingo, Renault says Adds VW declined to comment May 22 (Reuters) - French carmaker Renault RENA.PA and its German peer Volkswagen VOWG_p.DE have ended talks to jointly develop an affordable electric version of the Twingo, Renault CEO Luca de Meo told Reuters on Wednesday. "I wanted to show that European industry could work together as a team, so I think this is a lost opportunity, but there may be others," De Meo said on the sidelines of the VivaTec
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VW and Renault end talks on electric Twingo - Renault CEO

VW and Renault end talks on electric Twingo - Renault CEO May 22 (Reuters) - French carmaker Renault and its German peer Volkswagen have ended their talks to jointly develop an affordable electric version of the Twingo car, Renault CEO Luca de Meo told Reuters on Wednesday. "I also wanted to show that European industry could work together as a team, so I think this is a lost opportunity, but there may be others," De Meo said, confirming a an earlier Reuters report.
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Nvidia nears, UK CPI lunge misses target

MORNING BID AMERICAS-Nvidia nears, UK CPI lunge misses target A look at the day ahead in U.S. and global markets from Mike Dolan While the inflation and interest rate world continues to throw up unpleasant surprises, it's hard to imagine much of a shift in major indexes on Wednesday as Nvidia's .NVDA earnings drum roll builds through the session before a post-bell release.
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Carmakers drive European stocks to one-week low; tech in focus

UPDATE 2-Carmakers drive European stocks to one-week low; tech in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. European automakers skid to three-month lows M&S soars after jump in annual profit European shares to hit pause before rising again in 2025 - poll Updated at 1610 GMT By Sruthi Shankar and Johann M Cherian May 22 (Reuters) - European stocks closed at a one-week low on Wednesday, hurt by a sell-off in automakers followi
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Xpeng shares surge on tech service income, upbeat comments on self-driving tech

UPDATE 1-Xpeng shares surge on tech service income, upbeat comments on self-driving tech Adds analysts comments in paragraph 4, plans for MONA car in paragraphs 9-11 By Sarah Wu BEIJING/SHANGHAI, May 22 (Reuters) - Shares in Chinese electric vehicle maker Xpeng 9868.HK jumped more than 10% on Wednesday driven by revenue growth from research and development services offered to Volkswagen VOWG.DE as well as upbeat comments about its goals for gains in self-driving tech.
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Xpeng shares surge on tech service income, upbeat comments on self-driving tech

Xpeng shares surge on tech service income, upbeat comments on self-driving tech By Sarah Wu BEIJING/SHANGHAI, May 22 (Reuters) - Shares in Chinese electric vehicle maker Xpeng 9868.HK jumped on Wednesday driven by revenue growth from research and development services offered to Volkswagen VOWG.DE as well as upbeat comments about its goals for gains in self-driving tech.
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EU new car sales jump 13.7% in April, industry body says

EU new car sales jump 13.7% in April, industry body says By Greta Rosen Fondahn and Alessandro Parodi May 22 (Reuters) - New car sales in the European Union rose 13.7% in April on the year for their biggest jump since last October, Europe's auto industry body said on Wednesday, after registrations fell in March. The European Automobile Manufacturers Association (ACEA) said an uptick in major markets Spain, Germany, France and Italy drove the increase, while an early Easter added two extra sales
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PPG Industries to invest $300 mln to boost manufacturing in North America

PPG Industries to invest $300 mln to boost manufacturing in North America May 21 (Reuters) - PPG Industries PPG.N on Tuesday said it would invest $300 million to boost its manufacturing capabilities in North America, aimed at meeting the rising demand for paints and coatings in the automotive sector. This investment includes the construction of a new manufacturing facility in Tennessee.
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New York Times business news - May 21

PRESS DIGEST- New York Times business news - May 21 May 21 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Scarlett Johansson on Monday accused OpenAI of creating a voice for the ChatGPT system that sounded "eerily similar" to the actress after she declined to voice the chatbot herself.
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