Volvo Cars will halt production at its Swedish plant in Torslanda by next week due to the continued shortage of semiconductor chips. “Due to the current material shortage situation, caused
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Volkswagen has called for lower import duties on electric cars in India, thus echoing Tesla’s recent call that has brought a focus into the country’s electric auto industry. Reducing duties
Porsche SE is facing a lawsuit in the United States over claims associated with the automaker’s diesel emissions scandal. The lawsuit targets Porsche SE and the former members of the
Renault said it is looking to revive business in China by establishing a hybrid vehicle joint venture with Geely Holding Group, a year after it completed its previous operation in
BMW has raised its 2021 profit forecast on Tuesday following strong quarterly results but said the continued chip shortage and increasing raw materials prices would damage its performance in the
Vulcan Energy Resources Ltd said it has signed a deal on Monday to supply lithium to Renault. The deal comes as the latest move by an electric automaker to lock down
Volkswagen has revealed the all-new Taigo SUV coupe in Europe. The Taigo is the first SUV coupe by the brand to drive on the European roads. The automaker has already
Daimler will keep a 35% stake in the trucks division it prepares to spin off this year, the automaker said on Friday, providing more information on a landmark corporate split
A consortium led by Volkswagen has agreed with Europcar to introduce a tender offer for the French car rental company that values it at 2.9 billion euros ($3.4 billion) including
A consortium led by Volkswagen is in advanced talks to purchase Europcar in a deal that would value the French car rental company’s equity at about 2.5 billion euros ($3
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