By Kylie Madry MEXICO CITY (Reuters) -Mexican airline Viva Aerobus has signed a memorandum of understanding to purchase 90 Airbus A321neo aircraft, the carrier said on Wednesday, in a deal likely wort[...]
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Europe
US new vehicle sales rise on strong demand, better supply
By Pratyush Thakur and Shivansh Tiwary (Reuters) -New vehicle sales in the United States for top global automakers rose in the second quarter on improving supply and strong demand, signaling that risi[...]
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ThyssenKrupp’s Nucera valued at 2.5 billion euros in IPO
(Reuters) – Hydrogen firm ThyssenKrupp Nucera has priced its initial public offering at 20 euros ($21.72) per share, implying a market capitalisation of around 2.5 billion euros, the company sai[...]
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Audi to unveil electric vehicle manufacturing plans in Mexico -sources
By Daina Beth Solomon and Dave Graham MEXICO CITY (Reuters) -German carmaker Audi is this month scheduled to announce plans to begin producing electric vehicles in Mexico, according to three people wi[...]
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Eurozone blue-chips slide on China weakness, rate worries
By Amruta Khandekar and Shreyashi Sanyal (Reuters) -Eurozone blue-chip stocks fell on Wednesday as tech shares were pressured ahead of U.S. Federal Reserve’s minutes from the June policy meeting[...]
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EV batteries remain major challenge for insurers – UK’s Thatcham
By Nick Carey LONDON (Reuters) -A lack of data on electric vehicle (EV) batteries continues to challenge insurers who are forced to scrap EVs after mild accidents, potentially undermining EV adoption,[...]
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Automakers’ contract negotiations will decide potential EV future for idled Illinois plant
By Bianca Flowers BELVIDERE, Illinois (Reuters) – A shuttered Illinois Jeep assembly plant will be at the center of a power struggle between the United Auto Workers union and Detroit’s aut[...]
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Stellantis unveils new platform underpinning move to electric vehicles
MILAN (Reuters) – Stellantis on Wednesday unveiled its new ‘STLA Medium’ vehicle platform, the first of four new electric-centric bases that will underpin all future models made by t[...]
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Saudi Arabia says new oil cuts show teamwork with Russia is strong
By Ahmad Ghaddar, Alex Lawler and Shadia Nasralla VIENNA (Reuters) – Russia-Saudi oil cooperation is still going strong as part of the OPEC+ alliance, which will do “whatever necessary[...]
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