Europe

German sales plunge 13% in July on supply chain woes

German passenger automobile gross sales fell 13 % in July as automakers had been unable to maintain up with demand…

2 weeks ago

Volvo leaves door open for ACEA collaboration

Volvo Automobiles' CEO Jim Rowan has left some wiggle room for his firm to maintain working with Europe's largest automotive…

2 weeks ago

Volvo eyes 10% EV share despite big July setback

Volvo Vehicles took a step backward final month on its quest to achieve a key gross sales milestone for its…

2 weeks ago

VW agrees to buy $4 billion worth of lidar components from Israel’s Innoviz

Israel's Innoviz Applied sciences mentioned it is going to provide {hardware} and software program to Volkswagen Group's Cariad unit in…

2 weeks ago

Lamborghini has record first half; prepares for Europe’s energy crunch

Rich sports activities automobile fanatics powered Italian supercar model Lamborghini to document first-half deliveries and profitability, however CEO Stephan Winkelmann…

2 weeks ago

Plastic Omnium to buy Hella’s stake in front-end module venture

PARIS -- Plastic Omnium will purchase Hella’s 33 p.c stake within the HBPO three way partnership, which makes front-end modules,…

3 weeks ago

French sales fall 7% in July as decline continues to slow

PARIS -- French new-car registrations fell by 7.1 p.c in July as the speed of decline continued to sluggish. Fiat,…

3 weeks ago

VW expects restocking commodities will cost more as production rebounds

Volkswagen Group is bracing to pay larger costs for commodities as bettering provide of semiconductors permits the automakers to extend…

3 weeks ago

German EV maker e.GO to go public via Athena SPAC

Subsequent.e.GO Cell, a German maker of compact electrical automobiles, goes public by means of a merger with a blank-check agency…

3 weeks ago

Alfa Romeo will develop a large car in the U.S.

MILAN -- Italy's Alfa Romeo will work on a brand new large-size automotive in america to be launched in 2027,…

3 weeks ago

Aston Martin sees its finances improving as supply chain problems ease

Aston Martin expects its funds to enhance within the second half of 2022 after burning by means of tens of…

3 weeks ago

Jeep’s China partner blasts Stellantis CEO as joint venture crumbles

Stellantis' state-owned Chinese language associate accused the European firm of disrespecting prospects on the planet’s greatest auto market in an…

3 weeks ago

Porsche advances plans to enter Formula 1 with Red Bull

As Porsche finalizes its plan to enter Components One racing, leaked paperwork element the sports-car maker's plan to purchase half…

3 weeks ago

Plug-in hybrid sales fall as demand rises for full EVs

Gross sales of plug-in hybrid automobiles are faltering in Europe, which has been their most vital market up to now,…

3 weeks ago

Toyota increases overseas car production as output slumps in Japan

TOKYO – Toyota is growing abroad manufacturing to offset decrease output at house in Japan. From January to June, the…

3 weeks ago

Jaguar Land Rover losses mount amid slow ramp up of new Range Rovers

Jaguar Land Rover reported a quarterly loss earlier than tax of 524 million kilos ($632 million), in contrast with a…

3 weeks ago

Mercedes raises outlook; cuts gas use amid Russian supply squeeze

BERLIN -- Mercedes-Benz expects a major rise in revenues and barely increased earnings in 2022 on the again of robust…

3 weeks ago

Mini gets new Europe boss ahead of electric shift

BMW Group has promoted the previous head of Mini Germany, Ulrike von Mirbach, to assist lead the model towards electrification…

3 weeks ago

Silk-FAW confirms plan to build electric sports cars in Italy

MILAN -- Silk-FAW, a start-up of U.S. automotive engineering and design agency Silk EV and Chinese language automaker FAW, stated…

3 weeks ago

VW’s Diess was ousted after key Porsche, Audi EVs were postponed by software problems

It says lots in regards to the state of the auto trade and the place it is going that software…

4 weeks ago

Schaeffler to buy Ewellix for $594M

FRANKFURT -- Schaeffler has agreed to purchase Sweden's Ewellix Group from funding firm Triton for about 582 million euros ($594…

4 weeks ago

Autoliv quarterly profit fell 25% on China lockdowns, higher raw material costs

STOCKHOLM -- Autoliv's second-quarter adjusted working revenue fell 25 % to $124 million. Earnings have been hit by lockdowns in…

4 weeks ago

VW’s billionaire clan plotted Diess ouster while he was on U.S. trip

Volkswagen Group's dramatic transfer to oust its combative CEO, Herbert Diess, was set in movement per week in the past,…

4 weeks ago

VW Group’s new CEO rose from Audi trainee to Porsche chief

Volkswagen veteran Oliver Blume, who will succeed Herbert Diess as VW Group on Sept. 1, has labored on the multibrand…

4 weeks ago

Consensus-driven Blume will usher in new leadership era at Volkswagen

FRANKFURT -- The appointment of Oliver Blume as the subsequent boss of Volkswagen Group heralds a change in administration model…

4 weeks ago

VW Group CEO Diess to leave company; Porsche’s Blume named successor

FRANKFURT -- Volkswagen Group CEO Herbert Diess is stepping down and shall be succeeded by Porsche boss Oliver Blume. Diess…

4 weeks ago

Baidu unveils new robotaxi with detachable steering wheel

Baidu unveiled a brand new model of its self-driving robotaxi that it says prices almost half as a lot to…

4 weeks ago

Ford to boost EV capacity, cut costs with new battery chemistry

Ford Motor plans so as to add a brand new battery cell chemistry to its electrical car portfolio to extend…

4 weeks ago

Ford to cut up to 8,000 jobs, report says

Ford Motor is getting ready to chop as many as 8,000 jobs within the coming weeks because the automaker tries…

4 weeks ago

China’s Envision to build EV battery plant in Spain

MADRID -- Spain has signed a partnership settlement with Chinese language inexperienced power firm Envision Group to embark on 4…

4 weeks ago