Category: Europe
Stellantis CEO Tavares’ 2022 pay fell 14%
Stellantis CEO Carlos Tavares’ 2022 pay fell 14 percent to 14.9 million euros ($15.71 million),…
Why Volvo’s game-changing design move could signal a new trend
Volvo Cars‘ decision to pick an executive to lead its design team who has no…
Toyota hybrids underpin Poland’s sale surge
Toyota is benefiting from a shift toward more fuel-efficient powertrains in Poland, where overall sales…
EV startup Sono abandons plans for solar-powered car
BERLIN — German startup Sono Motors has abandoned plans to produce a partly solar-powered car…
VW to revisit India expansion amid China geopolitical concerns
Volkswagen Group wants to remain a strong player in Europe and China, but in the…
EU’s Dombrovskis to visit U.S. for talks on Inflation Reduction Act
European Commission Vice President Valdis Dombrovskis will head to Washington next month for more talks…
Tesla to base engineering headquarters in California, Musk says
Tesla said it will locate its “global engineering headquarters” in Palo Alto, California, a sign…
As chip shortage eases, Stellantis CEO sees rising pressure on car prices
Shortages of semiconductors and other components are easing, Stellantis CEO Carlos Tavares said, helping the…
Tesla scales back German battery plans, won over by U.S. incentives
BERLIN — Tesla has paused plans to produce entire batteries in Brandenburg, Germany, and will…
VW is using escape rooms to help employees deal with anxiety over EV shift
Volkswagen is asking employees to complete an escape room experience with collaborative games and puzzles…
VW names new head for China JV
SHANGHAI – Volkswagen Group’s joint venture with China’s SAIC Motor has appointed Jia Jianxu, a…
Forvia sees stable 2023 sales with cheaper materials but higher wage, energy costs
Forvia forecasts stable 2023 sales as it expects a stronger impact from wage and energy…
Mercedes to start direct-sales model in Germany after UK launch
Mercedes-Benz is preparing for perhaps the most important step in its transition to a direct…
Mercedes could preview A-Class, B-Class replacements this year
Mercedes-Benz could preview a new range of compact models later this year based on its…
VinFast gets permit to start construction on U.S. factory
HANOI — Vietnam’s VinFast said North Carolina regulators had given the automaker one of the…
Russians switch to used cars as sanctions hit auto sector
MOSCOW — Spending on new cars in Russia more than halved last year as the…
Peugeot to launch 48-volt mild hybrid powertrain on 3008 and 5008
PARIS — A new 48-volt mild hybrid system from Stellantis will debut on the Peugeot…
Mercedes chief Kallenius says trade barriers are not the way to a greener future
STUTTGART — Investment and other tools to accelerate the industrial transition to a decarbonized future…
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