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Volkswagen to reduce headcount at 'no longer competitive' VW brand

Automotive Industry Automotive News Europe - 2023-11-27

Volkswagen Group’s  €10 bn ($10.9 bn) savings program will include staff reductions, managers told staff on Monday as brand chief Thomas Schaefer warned that high costs and lo …

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China hopes Russia will provide policy support to Chinese auto firms - Chinese state media

Automotive Industry Reuters - 2023-11-24

China hopes Russia will give policy support for Chinese automobile enterprises to produce, sell and operate in Russia, Chinese state media cited China's ambassador to Russia as saying on Friday 17 November. …

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German government, car industry to strategise on goal of 15 mln EVs by 2030

Automotive Industry Reuters - 2023-11-24

German Chancellor Olaf Scholz will convene car executives with ministerial leaders, energy executives and unions on Monday 27 November to discuss how Germany can meet its target of 15 m electric cars on the road by 2030, a government spo …

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Nissan confirms future of Sunderland factory with UK government support

Automotive Industry POLITICO - 2023-11-24

Japanese carmaker Nissan has committed to building three new electric vehicle models in the north east of England in a major boost to Britain’s automotive sector. …

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Automakers ready low-cost EVs for Europe to counter Chinese threat

Automotive Industry Automotive News Europe - 2023-11-24

Just a few years ago, things looked grim for European buyers who wanted an inexpensive car, whether it was a minicar such as the Renault Twingo or simply an entry-level small hatchback at a price of less than …

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VW's Scout EVs to be developed by Magna Steyr, report says

Automotive Industry Automotive News Europe - 2023-11-24

Magna International's Magna Steyr division will develop new vehicles for Volkswagen Group's Scout brand, according to a report. …

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Volkswagen to launch China-specific entry level electric platform

Automotive Industry Reuters - 2023-11-24

Volkswagen said on Friday 17 November it will develop a new platform for entry-level electric vehicles in China and use more local components to lower costs, as the German company seeks to regain lost ground in the world's biggest a …

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Tesla's German production may be hit by Swedish union dispute

Automotive Industry Automotive News Europe - 2023-11-24

The conflict between Swedish unions and Tesla heated up on Friday 24 November as a supplier of critical components joined in a sympathy action to get the electric car m …

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Stellantis to lift revenue target for 'circular economy' unit

Automotive Industry Automotive News Europe - 2023-11-23

Stellantis will lift its 2030 revenue target for its recycling and reconditioning unit after its revenue grew 25% so far this year, CEO Carlos Tavares said, adding that the business would help make electric vehicles more a …

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France to back last-minute delay to Brexit tariffs on electric vehicles

Automotive Industry POLITICO - 2023-11-22

France is set to back a delay to new Brexit tariffs on electric vehicle sales between Britain and EU — paving the way for a last-minute breakthrough in Brussels. …

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