Category: Europe

Europe

Renault said to explore Nissan stake sale to help fund EV shift

Renault Group is considering selling part of its Nissan stake, a move that could raise…
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Europe

BMW may move some X3 output to Mexico

BMW is exploring plans to build its top seller — the X3 compact crossover —…
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Europe

Audi chief says European automakers should wean off fossil fuels by 2040

BERLIN — Europe’s automakers should wean themselves off fossil fuels from 2040, Audi CEO, Markus…
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Europe

Opel CEO Hochgeschurtz adds Stellantis hydrogen fuel cell vehicles to portfolio

PARIS — Opel/Vauxhall CEO Uwe Hochgeschurtz will add responsibility for bringing Stellantis’ hydrogen fuel cell…
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Europe

Continental cuts earnings forecast as Ukraine war pushes up costs

BERLIN — Continental cut its annual earnings forecast and warned of “lasting consequences” for production…
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Europe

Citroen ends production of C4 minivan, as segment shrinks further

PARIS — Citroen will end production of its last minivan, the Grand C4 SpaceTourer, in…
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Europe

Tesla says Q1 net income, revenues surged

Tesla said first-quarter net income and revenues surged after the EV maker delivered record units…
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Europe

BMW 7 Series lineup adds i7 electric version to compete with Tesla

BMW‘s flagship sedan, the 7 Series, has been given an ultraluxury redesign, along with a…
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Europe

Continental restarts tire making at Russian plant to protect workers

FRANKFURT — Continental has temporarily resumed tire production for passenger cars at its Russian plant…
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Europe

McLaren considers ex-Ferrari tech chief for CEO post, report says

McLaren Automotive is considering hiring Michael Leiters, the former head of technology at Ferrari, as…
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Europe

VW CEO Diess explains ‘difficult decision’ to leave Russia over Ukraine invasion

In a wide-ranging interview that aired Sunday night on U.S. TV network CBS’ newsmagazine, “60…
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Europe

VW, Tesla Shanghai factories sputter toward reopening

SHANGHAI — Manufacturers including Volkswagen Group and Tesla began preparing on Monday to reopen their…
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Europe

VW first-quarter profits rise but Ukraine war could still hurt business

Volkswagen Group said on Thursday its preliminary first-quarter operating return on sales jumped to 13.5…
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Europe

Tesla CEO Elon Musk launches $43 billion hostile takeover of Twitter

Elon Musk has made a “best and final” offer to buy Twitter, saying the company…
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Europe

Stellantis to use Qualcomm technology for digital platforms

Stellantis will use Qualcomm’s Snapdragon Digital Chassis to power the automaker’s upcoming Brain and SmartCockpit technology…
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Europe

Germany may scrap aid for plug-hybrids earlier than planned

Germany’s economy ministry wants to end subsidies for plug-in hybrid cars earlier than planned at…
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Europe

Stellantis halts van production in Russia on parts shortage

TURIN — Stellantis has halted production at its van factory in Russia because it has…
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Europe

Stellantis CEO Tavares pay is ‘shocking,’ French presidential hopefuls say

PARIS — President Emmanuel Macron of France and his far-right challenger, Marine Le Pen, called…
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