RATI:REGULATORY-POLICY

Germany signals belt-tightening but no tax rises in budget compromise

German Finance Minister Christian Lindner attends the weekly cabinet meeting at the Chancellery in Berlin, Germany November 22, 2023. REUTERS/Fabrizio Bensch/File Photo Acquire Licensing Rights German...

Exclusive: With Tesla push, India mulls import tax cut if EV makers build locally

World9 months ago

Exclusive: With Tesla push, India mulls import tax cut if EV makers build locally

India’s Prime Minister Narendra Modi shakes hands with Tesla chief executive Elon Musk during a meeting in New York City, New York, U.S., June 20, 2023....

German business associations widely welcome China strategy

World10 months ago

German business associations widely welcome China strategy

BERLIN, July 13 (Reuters) – German business associations on Thursday welcomed the government’s long-awaited China strategy, praising its focus on minimising risk instead of cutting economic...

China-led EV boom in Thailand threatens Japan’s grip on key market

World10 months ago

China-led EV boom in Thailand threatens Japan’s grip on key market

Siam Motors in talks with Chinese groups about partnerships-exec Chinese EV makers have invested $1.44 bln since 2020 EVs growing rapidly as proportion of car sales...

Tesla loses bid to overturn Louisiana’s ban on direct car sales

Louisiana11 months ago

Tesla loses bid to overturn Louisiana’s ban on direct car sales

June 16 (Reuters) – A federal court in Louisiana on Friday dismissed Tesla Inc’s (TSLA.O) complaint against a state restriction on direct car sales, according to...

Biden vetoes bill that would negate EPA heavy truck pollution cuts

World11 months ago

Biden vetoes bill that would negate EPA heavy truck pollution cuts

[1/2] A truck engine is tested for pollution exiting its exhaust pipe near the Mexican-U.S. border in Otay Mesa, California September 10, 2013. REUTERS/Mike Blake/File Photo...

French regulator fines BMW Finance for weak dirty money controls

Finance12 months ago

French regulator fines BMW Finance for weak dirty money controls

PARIS, May 26 (Reuters) – France’s ACPR financial regulator’s sanctions commission has decided to fine BMW Finance 500,000 euros ($550,400) for shortcomings in its money-laundering and...

Volkswagen’s Scout unit wins $1.3 bln in incentives for South Carolina factory

South-Carolina1 year ago

Volkswagen’s Scout unit wins $1.3 bln in incentives for South Carolina factory

March 20 (Reuters) – South Carolina Governor Henry McMaster on Monday signed laws approving $1.29 billion in state incentives for Volkswagen’s (VOWG_p.DE) off-road model Scout Motors...