Federal prosecutors in Switzerland are set to drop an almost five-year criminal investigation into the diesel emissions scandal of Volkswagen after concluding they did not have a strong enough case
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Volkswagen is expanding its green strategy by making investments in EIT InnoEnergy, an EU-backed fund to jointly back technology companies in the field of energy transformation. The automaker said on
Skoda Auto will make about a quarter of a million fewer cars than what was expected this year as the shortage of semiconductor chips continue, the automaker said on Monday.
Volkswagen CEO Herbert Diess on Thursday said he was confident that Volkswagen could keep up with Tesla Inc, but also said this would need further cost cuts, including headcount reductions
Stellantis on Thursday reported a 14% decline in third-quarter revenue on a pro-forma basis as the ongoing chip shortages have cut planned quarterly production by 30% or 600,000 vehicles. In
Stellantis’ four new electrified platforms are expected to each underpin the production of 2 million vehicles annually, the automaker’s head for Italy said on Wednesday. Since the creation of the
McLaren Automotive’s Mike Flewitt is set to step down as chief executive officer after over eight years at the helm, the automaker said on Wednesday. McLaren Group said non-executive director
Renault said on Friday it would slash output by 500,000 cars this year due to the ongoing global semiconductor shortage. Though the automaker maintained its profit outlook helped by higher
Automakers have the data they can share with suppliers, logistic partners, and governments to help decrease supply-chain disruptions, said Renault alliance group’s VP of the supply chain, Jean-Francois Salles on
Research conducted by Peugeot UK has found 40% of parents want to see their children learn to drive in an electric car, while a quarter of parents admit their children
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