Category: Europe
Stellantis pays $29 million to estate of late Fiat Chrysler boss Marchionne
Stellantis paid the estate of former Fiat Chrysler boss Sergio Marchionne more last year than…
Salvage team boards burnt ship carrying luxury VW Group cars
More than a week after a ship packed with luxury cars caught fire in the…
Volvo tells U.S. dealers that EVs will double throughput
Volvo Cars unveiled an ambitious product road map at its annual dealer meeting on Wednesday…
Stellantis CEO Carlos Tavares calls EV costs ‘the gorilla in the room’
PARIS — Stellantis will have to find ways to offset the additional costs of building…
Alfa Romeo poised to double sales with arrival of Tonale
With the Tonale, Alfa Romeo’s first new model since it launched the Stelvio midsize SUV…
VW fears huge loss of cars from cargo ship fire
Volkswagen Group says the many of the 4,000 cars from its multiple brands aboard the…
Russia’s invasion of Ukraine may pressure vehicle sales growth
Russia’s invasion of Ukraine presents a “substantial risk” to the recovery of global light-vehicle sales…
VW, top shareholder strike framework deal for Porsche stock offering
FRANKFURT/BERLIN — Volkswagen Group and its top shareholder Porsche Automobil Holding SE have entered a…
Mercedes hopes to roll out Level 3 self-driving in U.S. this year, CEO says
Mercedes-Benz hopes to introduce Level 3 autonomous driving in the U.S. this year, CEO Ola…
Audi, Porsche repair done with wrong part sparks new recall
BERLIN — Audi is recalling 100,000 cars due to a problem that may not have…
Stellantis cut break-even point to less than 50% of capacity in 2021, CEO says
TURIN — Stellantis CEO Carlos Tavares said the automaker was able to reduce its break-even…
Ex-Opel CEO Lohscheller named Nikola president
Former Opel CEO Michael Lohscheller has been hired by Nikola as president and tasked with…
Renault, VW, Stellantis potentially exposed to sanctions on Russia
PARIS — Any sanctions imposed on Russia for its actions in Ukraine by the U.S.…
VW faces multimillions in losses from ship fire
The cargo ship that caught fire last week carrying about 4,000 Volkswagen Group vehicles could…
Why ZF may eclipse Continental during EV shift
ZF Friedrichshafen is poised to overtake Continental as the supplier rivals navigate fierce headwinds to…
Ford’s CEO explores ways to separate EV business, sources say
Ford Motor is looking at ways to separate its electric-vehicle operation from its century-old legacy…
Tesla faces scrutiny by German regulator over Autopilot
Tesla faces a review in Germany over an Autopilot feature, as regulatory scrutiny intensifies into…
Renault could create ‘separate entities’ for EV, combustion powertrains
PARIS — Renault Group could split off its electric and internal combustion drivetrain activities into…