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Russian car production doubles year-on-year in August

Russian car production doubles year-on-year in August MOSCOW, Sept 27 (Reuters) - Russia's car factories produced 49,600 passenger cars in August, twice as many as in the same month last year, when Western sanctions were pummelling Russia's auto industry, state statistics agency Rosstat said on Wednesday. In the January-August period, car output was down 9.6% year-on-year, it said.

Auto File-Detroit’s Labor Fight Meets Campaign 2024 

Auto File-Detroit’s Labor Fight Meets Campaign 2024  Sept 27 - Joe White Global Autos Correspondent joe.white@thomsonreuters.com Greetings from the Motor City! We’ve had a busy couple of days here in Detroit, the new official epicenter of the 2024 U.S. election campaign. The president of the United States flew in Tuesday to show support for striking auto workers .

Binance to sell Russia business for undisclosed amount

UPDATE 2-Binance to sell Russia business for undisclosed amount Rewrites with details, background Sept 27 (Reuters) - Cryptocurrency exchange Binance said on Wednesday it will sell its Russia business to newly-launched exchange CommEX, becoming the latest company to pull out of M oscow since the country began its war against Ukraine. Binance, the world's largest cryptocurrency exchange, did not disclose financial details of the deal.

French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Sept 27 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. ASM INTERNATIONAL ASMI.AS Dutch semiconductor equipment maker said in a conference call on Tuesday it expects higher equipment revenue from China in 2023. CARREFOUR CARR.PA The French supermarket chain said on Tuesday it will be selling fuel at cost price at the pump in France, starting this Frid

Renault ends common purchasing agreement with Nissan and Mitsubishi

UPDATE 2-Renault ends common purchasing agreement with Nissan and Mitsubishi Releads first paragraph PARIS, Sept 26 (Reuters) - French carmaker Renault RENA.PA said on Tuesday t hat it would end its common purchasing agreements with partners Nissan 7201.T and Mitsubishi 7211.T with a view to having a more agile structure that could make decisions more quickly.


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