Category: Europe
Plastic Omnium to buy Hella’s stake in front-end module venture
PARIS — Plastic Omnium will buy Hella’s 33 percent stake in the HBPO joint venture,…
Opel/Vauxhall names Stellantis Africa-Middle East exec as head of sales
Opel/Vauxhall has named Christophe Mandon as head of sales, succeeding Florian Huettl, who was promoted CEO…
Artificial intelligence can help fleets keep vehicles longer — saving money and lives
New cars are in short supply, with delivery times stretching as long as a year…
German EV maker e.GO to go public via Athena SPAC
Next.e.GO Mobile, a German maker of compact electric vehicles, is going public through a merger…
Alfa Romeo will develop a large car in the U.S.
MILAN — Italy’s Alfa Romeo will work on a new large-size car in the United…
Aston Martin sees its finances improving as supply chain problems ease
Aston Martin expects its finances to improve in the second half of 2022 after burning…
Jeep’s China partner blasts Stellantis CEO as joint venture crumbles
Stellantis’ state-owned Chinese partner accused the European company of disrespecting customers in the world’s biggest…
VW expects restocking commodities will cost more as production rebounds
Volkswagen Group is bracing to pay higher prices for commodities as improving supply of semiconductors…
Plug-in hybrid sales fall as demand rises for full EVs
Sales of plug-in hybrid vehicles are faltering in Europe, which has been their most important…
Apple hires Lamborghini exec to work on its electric car, report says
Apple has enlisted one of Lamborghini’s top car-development managers in a sign that it’s stepping…
Jaguar Land Rover losses mount amid slow ramp up of new Range Rovers
Jaguar Land Rover reported a quarterly loss before tax of 524 million pounds ($632 million),…
Tesla supplier LGES plans EV battery plant in Europe
SEOUL — Tesla supplier LG Energy Solution said it is looking at sites in Europe…
Mini gets new Europe boss ahead of electric shift
BMW Group has promoted the former head of Mini Germany, Ulrike von Mirbach, to help…
German startup Sono’s solar-powered car will stay close to $26,000 despite inflation
Sono Group said the price of its Sion solar electric car will stay around $26,000…
Silk-FAW confirms plan to build electric sports cars in Italy
MILAN — Silk-FAW, a start-up of U.S. automotive engineering and design firm Silk EV and…
Forvia misses H1 profit target on chip shortage, Ukraine, COVID disruptions
PARIS — Forvia, the supplier created after Faurecia‘s takeover of lighting maker Hella, fell short…
Autoliv quarterly profit fell 25% on China lockdowns, higher raw material costs
STOCKHOLM — Autoliv’s second-quarter adjusted operating profit fell 25 percent to $124 million. Earnings were…
VW’s billionaire clan plotted Diess ouster while he was on U.S. trip
Volkswagen Group’s dramatic move to oust its combative CEO, Herbert Diess, was set in motion…
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