News

Stellantis Chairman John Elkann said the automaker had no M&A plans in response to press speculation about a possible French-led merger with rival Renault. …

Hyundai this year will launch a full-electric version of its Casper mini crossover in Europe that could sell for less than €20,000, according to reports. …

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. …

Jaguar Land Rover reported record quarterly revenue and solid profits as demand remains strong for its highest priced SUVs including the Range Rover and Defender. …

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. …

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. …

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. …