Volkswagen is looking for outside money in its preparation to build up to six battery cell factories in Europe by 2030, CEO Herbert Diess said
Category: European
Luxury automaker Aston Martin posted a smaller first-quarter loss in 2021 of 42.2 million pounds ($58.7 million) and said it will keep taking steps towards
Japan’s Nissan Motor said on Tuesday it was selling its approximately 1.5% stake in German automaker Daimler through an accelerated bookbuild offer, after a similar
Franco-Italian automaker Stellantis expects to achieve its European carbon dioxide (CO2) emissions targets this year without environmental credits purchased from Tesla, its CEO said in
Volkswagen expects semiconductor supplies to the auto sector to remain tight in coming months, the head of the automaker’s namesake brand said on Saturday. “I
Volkswagen CEO wants to follow the example of Apple and Tesla. Volkswagen prepares to design and develop its own high-powered chips for autonomous vehicles, together
The U.S. Securities and Exchange Commission (SEC) has started an inquiry into the U.S. unit of Volkswagen over a marketing stunt in which it said
British sports automaker Lotus said on Tuesday it will spend over two billion pounds ($2.78 billion) in new technology and in massively expanding production of
Volkswagen‘s Mexico unit is preparing production stoppages of two of its models next month because of an ongoing worldwide chip shortage crisis, the German automaker
The U.S. Supreme Court on Monday asked President Joe Biden’s administration to weigh in on whether Volkswagen AG can be sued by regional governments in
Volkswagen has warned managers to get ready for a bigger production hit in the second quarter compared to the first one as the global chip
Porsche AG is speeding up its e-mobility drive with plans for a German factory in Tuebingen for manufacturing battery cells for electric vehicles, its CEO
Renault’s sales dropped for a fifth straight quarter as the French automaker is having a hard time dealing with the crises caused by the coronavirus
Luxury automaker Ferrari on Wednesday revealed initial details of its new supercar, the first of three new models it has promised for the upcoming months.
Stellantis said it would replace digital speedometers with more old-fashioned analogue ones in one of its Peugeot models, due to a global shortage of semiconductor chips.
