News

Renault's decision to cancel the stock market flotation of its Ampere electric-vehicle business will not delay investments into Ampere from Renault's partners Nissan and Mitsubishi, said Renault Chairman Dominique Senard. …

The shakeout in the global electric-vehicle industry is picking up speed. …

Italy's industry minister on Friday criticised Stellantis' ownership structure and said the automaker had a "problem" with its models and marketing, continuing a feud between the company and the Rome government. …

One of the auto industry’s leading dealmakers sees the stars aligning for carmaker mergers and acquisitions — and wants in on the action. …

Italy is open to buying a stake in carmaker Stellantis, Industry Minister Adolfo Urso said on Thursday, as he set out plans to provide €950 m ($1 bn) in subsidies this year to help drivers switch to cleaner cars. …

Volvo Cars will stop providing funding to Polestar and will transfer responsibility for the brand to China's Geely, which is Volvo's majority shareholder. …

The Italian government is open to buying a stake in Stellantis, industry minister Adolfo Urso said, as he set out plans to provide €950 m ($1 bn) in subsidies this year to help drivers switch to cleaner cars. …

Automakers creating software-defined vehicles (SDVs) need to decide which control points they want to own in the technology stack. …

While automakers and suppliers are betting big on future demand for electric vehicles, a near-term global slowdown is causing pain, including bankruptcies, scrapped initial public offerings and production cuts. …

To conquer the European automotive market, China is not only developing its exports, but also investing locally, with a consequent reorganization of its supply chains. …