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
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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
The global semiconductor chip shortage will run well into 2022 according to Scott Keogh, Volkswagen Group of America’s Cheif Executive. Keogh said it at the Reuters Events Automotive Summit. The
Volkswagen is taking another step in the direction of fully networked factories. A local 5G standalone network (“campus network”) is now available at the automaker’s major plant in Wolfsburg that
Skoda Auto has started a two-week halt on Monday as the global chip shortage continues to hit the production, the automaker said. Skoda wants to finish 10,000 unfinished cars during
A Michigan judge has turned down a lawsuit that General Motors filed against Stellantis’ Fiat Chrysler Automobiles (FCA), alleging it of fraud and unfair competition. GM sued FCA in 2019,
BMW CEO Oliver Zipse said on Tuesday that the automaker will be ready for any ban on internal combustion engine (ICE) cars from 2030 onwards with an offering of electric
Volkswagen is thinking of cutting up to 30,000 jobs to reduce costs and improve competitiveness with rivals such as Tesla. This was first reported by the German daily Handelsblatt reported
Stellantis will shift the assembly line of its Grugliasco plant to nearby Mirafiori in Turin, Italy, the automaker said on Monday, in a bid to boost efficiency. The automaker will
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