Category: Europe
China’s EV makers challenge Tesla’s exports
Auto exports from China have surged this year as domestic automakers look to establish themselves…
VW investors renew governance criticism despite special dividend
BERLIN — Volkswagen Group shareholders renewed their criticism of CEO Oliver Blume’s dual roles, even…
VW is on a solid footing, CEO Blume says
BERLIN — Volkswagen Group CEO Oliver Blume said at an extraordinary general meeting on Friday…
VW expects 2023 to be more challenging than 2022
Volkswagen Group Chief Financial Officer Arno Antlitz said he expects next year to be “even…
Northvolt names former SAP CEO as new chairman
STOCKHOLM — Swedish battery maker Northvolt has announced changes to its board of directors, including…
Russian car market’s turn east may be a sign of country’s economic future
Russia’s car market is eking out growth again, in a sign of what may lie…
Continental answers staff questions on cyberattack
BERLIN — Continental has publicly commented on the progress of an investigation into an August…
Nissan technology fears said to delay Renault deal
TOKYO/PARIS — Nissan doesn’t expect to reach an agreement with top shareholder Renault by year-end…
Ford Bronco will challenge Jeep Wrangler, Land Rover Defender in Europe
Ford said it will begin selling the Bronco off-roader in selected European markets, including Germany, in…
Rivian, Mercedes pause plans for JV to build electric vans in Europe
Mercedes-Benz and Rivian are putting on hold a planned collaboration to build electric vans in…
Geely’s premium EV brand Zeekr seeks over $1B in U.S. IPO, report says
HONG KONG — Zeekr, Chinese automaker Geely’s upmarket electric car brand, has confidentially filed for…
Skoda may exit China to help VW
Skoda may exit China amid intense competition from local brands in the world’s biggest market.…
Valeo names former PSA exec Gilles Michel board chairman
PARIS — Valeo said that board member Gilles Michel, a former top executive at PSA…
Lexus sees ‘tough year’ after hit from chip crisis, Russia exit
Lexus is working through an order backlog in Europe after Toyota’s premium brand was hit…
AvtoVAZ to build cars at Nissan plant in Russia, reports say
The former Nissan car plant in St. Petersburg, Russia, will be run by AvtoVAZ, with…
Renault CEO Luca de Meo to lead ACEA lobbying group
Renault Group CEO Luca de Meo will serve as president of the European automakers’ trade…
VW postpones decision on battery plant in eastern Europe
PRAGUE — Volkswagen Group is postponing its decision on where to locate a planned gigafactory…
Chinese grab Russian car market share after Western rivals depart
MOSCOW — Chinese brands account for almost a third of Russia’s car market, data shared…
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