Category: Europe
Pininfarina looks at acquisitions after return to profit
Italian car designer Pininfarina is looking at acquisitions after returning to profit for the first…
Elon Musk aims to build 20 million EVs a year — or maybe 10 million
During inaugural ceremonies at Tesla’s new Berlin factory earlier this week, CEO Elon Musk delivered…
Honda’s Europe EV push includes electric SUV and new hybrids
Honda will complete the electrification of its range in Europe with the launch of the…
Opel, DS flagship electric cars will be built in Italy
MILAN — Stellantis will build new full-electric flagship models for the DS and Opel/Vauxhall brands…
Plastic Omnium reaches deal to acquire AMS automotive-lighting unit for $72M
Plastic Omnium reached a deal to buy AMS-Osram’s automotive-lighting business for 65 million euros ($72…
Renault CEO says leaving Russia will complicate automaker’s comeback
PARIS – Renault Group CEO Luca de Meo has warned that the automaker’s retreat from…
Stellantis keeps Russia van plant running as rival Renault bows to pressure over Ukraine
Stellantis is continuing to build vans at its factory near Moscow, even as rival Renault…
VW’s Seat unit is hit by chip shortage, impact of Ukraine war
Volkswagen Group’s Spanish subsidiary Seat is facing production shortfalls from multiple sources, first from the…
Renault suspends Moscow plant, adjusts 2022 outlook
PARIS — Renault said it would suspend operations at its plant in Moscow while it…
VW says its Spanish battery cell plant will be located near Valencia
BARCELONA — Volkswagen Group’s planned battery cell plant in Spain will be located in Sagunto,…
Maserati unveils Grecale SUV with powerful engines
MILAN — Maserati unveiled the Grecale midsize SUV, the Stellantis brand’s rival to the Porsche…
Tesla to hand over first Model Ys as German factory finally goes live
BERLIN —Tesla is handing over to customers the first Model Y models built at its…
VW commits $7.1 billion to North America, plans 25 EVs for U.S. by 2030
Volkswagen Group of America plans to spend at least $7.1 billion in North America through…
Mercedes Shanghai R&D center to focus on connectivity, automated driving
SHANGHAI — Mercedes-Benz said it opened a research and development center in Shanghai that will…
German chancellor, Musk to attend Tesla’s German plant opening
BERLIN — German Chancellor Olaf Scholz is scheduled to attend the opening of Tesla’s gigafactory…
Porsche discussed possible joint projects with Apple
FRANKFURT — Managers at Porsche travelled to the United States late last year to discuss…
VW sets target for ID Buzz sales
BERLIN — Volkswagen has a high sales goal for its retro-styled ID Buzz battery-electric van.…
BMW beats EU CO2 emissions target, boosted by higher EV demand
BMW was 10 grams per km under its European Union CO2 emissions target in 2021,…
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