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Tesla production in Grünheide up and running again

Automotive Industry ELECTRIVE - 2024-02-12

Tesla announced the production interruption itself in mid-January. Model Y production in Grünheide was interrupted between 29 January and 11 February. …

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Stellantis uses surplus plants in Europe as leverage in a fight with Rome

Automotive Industry Automotive News Europe - 2024-02-12

A recent war of words between Italian Prime Minister Giorgia Meloni and Stellantis CEO Carlos Tavares has exposed a tough new reality: Europe's one-time homegrown national automakers have become global players ready to exploit …

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Stellantis uses surplus plants in Europe as leverage in a fight with Rome

Automotive Industry Automotive News Europe - 2024-02-12

A recent war of words between Italian Prime Minister Giorgia Meloni and Stellantis CEO Carlos Tavares has exposed a tough new reality: Europe's one-time homegrown national automakers have become global players ready to exploit …

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Germany's Habeck: hitting EV sales target requires 'tipping point'

Automotive Industry Reuters - 2024-02-12

Germany won't hit its target of having 15 m EVs on the road by 2030 if sales develop in a linear fashion, Economy Minister Robert Habeck said on Monday, adding the right conditions could still create a tipping point for demand. …

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Tesla earns $9 bn from carmakers failing to sell enough EVs

Automotive Industry Automotive News Europe - 2024-02-11

Tesla continues to cash in on other carmakers needing help to meet emissions standards, keeping up a lucrative business the company thought would fade away. …

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Nissan shares see biggest plunge in two decades as China worries deepen

Automotive Industry Reuters - 2024-02-09

Shares in Nissan Motor tumbled 12% on Friday, their biggest decline in more than two decades, after quarterly earnings undershot expectations by a large margin and it cut estimates for car sales due to stiff competition in China. …

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Should Italy drive a Fiat or a Ferrari?

Automotive Industry Automotive News Europe - 2024-02-09

The past several weeks have been truly eventful for the automotive sector in Italy, with an escalating war of words between the first right-wing government since 1948 and the country’s only volume automaker, Stellantis. …

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Exclusive: Renault, Geely expect to finalise engines tie-up this month

Automotive Industry Reuters - 2024-02-09

French carmaker Renault and Chinese rival Geely expect to finalise a joint venture for their combustion and hybrid engines towards the end of February, two sources close to the matter told Reuters. …

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Mercedes, Stellantis battery JV nears $4.7B debt deal

Automotive Industry Automotive News Europe - 2024-02-09

The electric-car battery venture led by Stellantis and Mercedes-Benz is close to raising €4.4 bn ($4.7 bn) in debt to finance its expansion in Europe, according to people familiar with the matter. …

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Jaguar Land Rover slows EV rollout as electric car demand cools

Automotive Industry Automotive News Europe - 2024-02-08

Jaguar Land Rover is slowing its battery-electric car rollout as it adjusts for a cooling EV market and focuses on plug-in hybrid vehicles. …

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