News

Volkswagen Group is running behind schedule in defining key measures of a planned  €10 bn ($10.5 bn) cost-cutting drive for its namesake brand, two people familiar with the matter said, as talks with powerful labor leaders …

Stellantis plans to base seven models on a fifth, low-cost platform, an executive for the automaker said, as it prepares to compete against an expected 'flood' of cheap Chinese electric cars into Europe. …

ACEA, and six other European organisations, have called on the European Commission for a more co-ordinated response to the radical and rapid change in the power infrastructure needs. …

The holy grail of Transport & Environment – as its name suggests  – is to decarbonise transport as soon as we can. Rapid electrification is one of the – if not the most – effective way to achieve this. …

A recent round of US sanctions against the Russian automotive industry threatens to hurt the supply chain contingencies established in the country since it invaded Ukraine. …

The future for two of China’s worst-selling electric car brands just got even bleaker. …

Polestar is taking steps to raise more capital as the electric carmaker struggles with an increasingly strained balance sheet and continued cash burn. …

The Volkswagen Group has systematically continued its transformation in the first nine months of 2023. …

It was an admission of defeat. But you would never know it looking at the mild-mannered smiles that morning. Angela Merkel, then German chancellor, was standing next to Chinese Premier Li Keqiang. …

Stellantis is offering a new stock investment plan to its French and Italian employees to help them with cost-of-living pressures and try to incentivize performance, two sources close to the company told Reuters. …