Category: Europe
BMW expects new EVs to match combustion-engine cars on profit
BMW cars underpinned by the company’s Neue Klasse (New Class) electric platform will be “as…
VW confirms revived Scout will be independently run brand selling EV trucks
Volkswagen Group confirmed that it will launch a U.S.-based Scout subbrand for an all-new “rugged”…
Toyota breaks profit records as it shrugs off pandemic, semiconductor shortage
TOKYO — Toyota smashed earnings records across the board in the latest fiscal year, racking…
Range Rover Sport goes upmarket, adds full-electric version
The latest Range Rover Sport gets a new platform, boosting its driving dynamics, along with…
Renault says new Mobilize brand to account for 20% of overall sales
PARIS — Renault said it was targeting a double-digit margin for its new Mobilize brand and…
Renault CEO says decision on Russia assets coming in ‘weeks’
LONDON – Renault CEO Luca de Meo said the automaker will decide in the coming…
Mercedes opens sales of Level 3 self-driving system on S-Class, EQS
Mercedes-Benz will offer Drive Pilot, the first Level 3 autonomous driving system approved for European…
For key Tesla supplier, Shanghai COVID lockdowns strain workers, spur chaos
SHANGHAI — Quanta Shanghai Manufacturing City would seem like an ideal site to implement China’s “closed-loop”…
McLaren says it’s not for sale as Audi seeks to enter F1
MIAMI — McLaren has had talks with Audi but is not for sale, team boss…
BMW to use Neue Klasse platform for 3-Series segment full EVs
BMW will focus its Neue Klasse (New Class) architecture on full-electric models for the midsize…
What Audi and Porsche stand to gain from joining Formula One
The announcement that Porsche and Audi want to lend their names to Formula One comes…
BMW to use Neue Klasse platform only for 3-Series segment full EVs
BMW will focus its Neue Klasse (New Class) architecture on full-electric models for the 3-Series…
Stellantis, VW, Mercedes say they won’t split off EV business
PARIS — A number of automakers are now exploring whether to shear off electric vehicles…
Stellantis Europe sales and marketing chief to speak at Automotive News Europe Congress
The first year of Stellantis’ life brought many changes to the former PSA Group and…
BMW posts higher earnings on strong demand for top-end cars
BMW said earnings rose 12 percent in the first quarter even as the war in…
Bosch invests $526 million in technology for ‘green’ hydrogen
Bosch will invest 500 million euros to develop components for hydrogen electrolysis, a technology that…
VW keeps 2022 outlook as chip supply expected to improve
FRANKFURT — Volkswagen Group on Wednesday stuck to its outlook for the current year after…
VW to use Qualcomm’s Snapdragon Ride platform in autonomous driving push
FRANKFURT — Volkswagen Group’s Cariad software division said it will source chips from Qualcomm to…
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