Edition:
United Kingdom

Nick Carey

China's premium car buyers drive VW back to profit

29 Oct 2020

Volkswagen AG returned to profit in the third quarter as surging Chinese demand for luxury cars helped offset a 1.1% drop in vehicle deliveries due to the pandemic, sending its shares as much as 3% higher on Thursday.

Profitable pickup trucks, Jeeps drive FCA back into black

28 Oct 2020

MILAN/LONDON U.S. sales of high-margin pickup trucks and Jeeps hauled Fiat Chrysler back into the black in the third quarter following pandemic-related shutdowns, and the carmaker on Wednesday reinstated a profit forecast for 2020 that assumes no more disruption from a freshly resurgent COVID-19 outbreak.

UK plans for self-driving cars threaten safety - insurance group

23 Oct 2020

LONDON British government plans that could allow self-driving cars on motorways as soon as 2021 would put lives at risk because the available automated technology falls well short of human driving capabilities, UK insurance group Thatcham Research said on Friday.

Pandemic e-commerce surge spurs race for 'Tesla-like' electric delivery vans

09 Sep 2020

Delivery fleet operators face regulatory pressure in California and other states to buy electric vehicles, but a surge in package deliveries thanks to coronavirus lockdowns has major firms itching to switch to electric right now.

Coffee, ketchup and Nike Air Max: it's the COVID consumer economy

01 Sep 2020

Instant coffee, ketchup, Lululemon yoga pants and Nike Air Max sneakers are all in. Bottled water, pricey diapers and Burberry luxury trench coats are out. | Video

Factbox: Americans on lockdown pay more for groceries, clothes and appliances

01 Sep 2020

CHICAGO U.S. shoppers have been paying more than last year for a range of consumer goods during the COVID-19 pandemic, from eggs and deli meat to running shoes, according to a Reuters analysis of the latest pricing and sales data. | Video

Factbox: Americans on lockdown pay more for groceries, clothes and appliances

01 Sep 2020

CHICAGO U.S. shoppers have been paying more than last year for a range of consumer goods during the COVID*19 pandemic, from eggs and deli meat to running shoes, according to a Reuters analysis of the latest pricing and sales data. | Video

Toyota U.S. August sales fall 23% as pandemic weighs on inventory

01 Sep 2020

Toyota Motor Corp on Tuesday reported a 23% drop in U.S. new vehicle sales in August versus the same month in 2019, as a two-month industrywide shutdown of auto production in the spring to halt the spread of COVID-19, as well as an uncertain economic recovery, weighed on sales.

World News

U.S. early voting surges as Trump, Biden make late push

A record 90 million Americans have voted early in the U.S. presidential election, data on Saturday showed, as President Donald Trump and his Democratic rival Joe Biden campaigned across the country to try to sway the few remaining undecided voters.