Category: Europe
BMW, Mercedes to sell car-sharing joint venture to Stellantis
FRANKFURT — BMW and Mercedes-Benz are selling their car-sharing joint venture Share Now to Stellantis…
VW warns of gas supply risks from Ukraine war
BERLIN — Gas supply risks from the war in Ukraine pose a serious threat to…
VW’s software unit forms China subsidiary
Cariad, the Volkswagen Group’s software unit, formed a China subsidiary in Beijing to develop products…
VW questioned by U.S. senator over human rights issues linked to China suppliers
U.S. Senator Marco Rubio is seeking information from Volkswagen Group about a pair of planned…
Ford returns to profit in Europe in Q1 despite sales drop
Ford Motor posted “better-than-expected” financial results in Europe for the first quarter, as the region…
German carmakers have an uphill struggle to go green
BERLIN — As Germany speeds up investment in renewables, the energy consumption of its automakers…
Mercedes is looking at energy options to replace Russian gas
Mercedes-Benz is looking at energy alternatives should Russia cut gas deliveries and is working closely…
Plastic Omnium to acquire lighting supplier Varroc for $634 million
PARIS — Plastic Omnium has agreed to buy the European and North American lighting units…
Volvo, Jaguar Land Rover cut back Russian operations
Volvo Cars and Jaguar Land Rover are laying off the bulk of their Russian office…
VW, BP weigh expanding European charging alliance to other regions
DUESSELDORF — Volkswagen and BP plan to deepen their European electric-charging partnership and could expand…
Ford teases second new van to offer full-electric variant
Ford has teased a new van that is expected to be the new Transit Custom…
Morgan names former Lamborghini executive as CEO ahead of expansion push
LONDON – Morgan Motor Company has hired Lamborghini executive Massimo Fumarola as CEO as part…
Renault will transfer AvtoVAZ stake to Russian science institute, report says
Renault will transfer its 68 percent stake in AvtoVAZ to a Russian science institute for…
Skoda resumes Enyaq output as parts shortage eases
Skoda has resumed production of the Enyaq full-electric SUV after several weeks of interruption due…
Elon Musk is taking Twitter private in $44 billion deal
NEW YORK — Elon Musk clinched a deal to buy Twitter for $44 billion cash…
VW’s Shanghai plant resumes production gradually
SHANGHAI — Volkswagen Group‘s Shanghai factory has started gradually resuming production, the automaker said. The…
Audi CEO Duesmann says European automakers should stop using fossil fuels by 2040
BERLIN — Europe’s automakers should stop using fossil fuels by 2040, Audi CEO Markus Duesmann…
Renault considers IPO for its EV business
PARIS — Renault said that “all options are on the table” for separating its electric-vehicle…
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