Category: Europe
Italy OKs $9 billion in energy aid, including EV incentives
The Italian government approved almost 8 billion euros ($9 billion) in aid to shield consumers…
Stellantis sells office at historical Lingotto complex
TURIN — Stellantis will sell its 20,000-square-meter office space in the historical Lingotto complex in…
Why software-defined car signals a paradigm shift
With its connectivity, advanced driver safety systems and consumer-centric ethos, the software-defined car is poised…
Marelli’s worries could mean supply problems for Nissan and Stellantis
TOKYO — When New York investment firm KKR & Co. waded into the auto sector…
Maserati to offer full-electric version of Grecale SUV on FCA-derived platform
MILAN — Maserati will add a full-electric version of the coming Grecale midsize SUV built…
VW’s Diess: Electric pickup in U.S. a ‘good idea’
Volkswagen Group CEO Herbert Diess, answering questions from the general public in an online Reddit…
VW warns of output cuts amid tensions over EV shift
BERLIN — Volkswagen Group CEO Herbert Diess warned of more output cuts because of the…
Euro 7 pollution rules pushed back again, worrying advocacy, lobbying groups
PARIS — A shifting timetable for the final proposal of the upcoming Euro 7 pollution…
Volocopter aims to have electric air taxis in Singapore in 2024
Volocopter plans to start flying electric air taxis in Singapore within two years and is…
Intel’s Mobileye plans self-driving shuttles in U.S. in 2024
SAN FRANCISCO — Intel Corp.’s Mobileye unit plans to build and deploy self-driving electric shuttles…
Toyota will cut March output but still targets record production to recover from chip hit
TOKYO — Racing to catch up on lost production, Toyota will again reduce output in…
Key bridge to U.S. expected to open after Canadian police clear protesters
WINDSOR, Ontario – North America’s busiest trade link will reopen for traffic on Sunday, ending a…
Stellantis, Italian government to sign deal on gigafactory ‘in a few days,’ official says
MILAN — An agreement between the Italian government and Stellantis for the automaker’s planned battery…
Magna Q4 net income, revenue fall on chip shortage
Canadian supplier Magna International said Friday that fourth-quarter net income and revenue fell as lower…
Ferrari Purosangue: First SUV for the brand
Ferrari, one of the few automakers to avoid global supply chain disruptions, is coming off…
Why Volvo is not a ‘wannabe’ among global premium players
Volvo CEO Hakan Samuelsson says the automaker had a record market share in 2021, signaling…
BMW sees up to $9.1B boost from taking controlling stake in China JV
BMW said buying a controlling stake in its Chinese car-making joint venture with Brilliance will…
Mercedes A-Class to be dropped in U.S. after 2022
Mercedes-Benz introduced the A-Class sedan in the U.S. in 2019, hoping to lure millennial buyers…