News

Under pressure from Chinese competitors, Stellantis and Renault are pushing hard to cut electric vehicle costs so they can have similar price tags and profit margins as fossil-fuel models. …

Continental is cutting around 7,150 positions in its struggling auto unit to make the business more competitive for the complex shift to electric vehicles and digital offerings. …

Italy has been working for months to attract another automaker to the country alongside Fiat-owner Stellantis, Industry Minister Adolfo Urso said on Wednesday 14 January . …

The French government on Tuesday 13 January cut by 20% a subsidy higher-income car buyers can get for purchasing electric and hybrid vehicles in order to keep from overrunning its budget to boost the number of electric cars on the road.< …

The French government is halting for the rest of this year a program to subsidize low earners leasing an electric car, after demand far exceeded initial plans. …

Stellantis said on Monday 12 January it will invest €103 m ($111.02 m) at its Szentgotthard facility in Hungary to increase production capacity of electric drive modules that will help the automaker grow its electric-vehicle portfol …

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

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 …

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 …

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. …