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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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Volkswagen sticking with North American EV plans - executive

Automotive Industry Reuters - 2024-02-08

Volkswagen is sticking with plans to launch 25 electric vehicle models in North America across its group brands by 2030, but is ready to adjust as the market shifts, Pablo Di Si, head of Volkswagen's North American business, told Reu …

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BYD to supply EVs to European car leasing company Arval

Automotive Industry Automotive News Europe - 2024-02-08

BYD, China's largest electrified-vehicle maker,will provide electric vehicles to European leasing company Arval to accelerate an expansion in Europe. …

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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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Are cars getting too big for the road?

Automotive Industry BBC - 2024-02-08

In some parts of the world, cars have always been on the larger side. But now these behemoths are spreading – and the consequences are still being figured out. …

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Opel cuts output of Grandland crossover at German plant

Automotive Industry Automotive News Europe - 2024-02-08

Opel is reducing output of its Grandland due to lower demand. …

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Audi cuts output at Brussels plant due to parts shortage

Automotive Industry Automotive News Europe - 2024-02-07

Audi is reducing production at its Brussels plant for at least two weeks due to component shortages. …

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Ford, IG Metall union agree to 3,500 job losses at German plant

Automotive Industry Automotive News Europe - 2024-02-07

Ford Motor and the German union IG Metall have agreed to slash the number of jobs at a plant in Saarlouis by about 3,500 after production of the Focus compact car stops there. …

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Tesla's German plant produced 6,000 cars in a week, report says

Automotive Industry Automotive News Europe - 2024-02-07

Tesla's German plant produced 6,000 cars in a week for the first time, shortly before it halted production in late January because of a component shortage, the plant's director told the German newspaper Tagesspiegel. …

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