BMW prepares major production cost cuts by the middle of the decade, one of the automaker’s board members said. “We will decrease the production costs per vehicle by 25% by 2025
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Luxury automaker Porsche is establishing a joint venture with Customcells for producing high-performance batteries that will significantly decrease charging times, the automaker said on Sunday. Customcells specializes in lithium-ion cells
Renault has signed an agreement with French trade unions that will permit thousands of its workers to work from home for up to three days a week, the automaker said
Porsche, the luxury unit of Volkswagen, will recall 1,571 imported vehicles from China by next month, according to the country’s top quality watchdog. The recall is set to start from
Italy’s government expects Stellantis to build its third electric battery plant of Europe in Italy, Industry Minister Giancarlo Giorgetti said on Wednesday. During a parliamentary hearing, Giorgetti said he had
Daimler and Volkswagen are cutting working hours at some of their plants as the automakers continue to have a hard time due to the continued shortage of semiconductors. Daimler is
Jaguar Land Rover will start tests later in 2021 on a hydrogen fuel-cell prototype model based on its Land Rover Defender vehicle as the automaker looks to expand its zero-emission
Volkswagen’s U.S. unit said a data breach at a vendor affected over 3.3 million customers and potential customers in North America. Almost all those impacted were current or potential customers of
Stellantis said on Thursday that its French brand Citroen unit had been charged with consumer fraud by French prosecutors in a diesel emissions investigation. Citroen would have to make a
Volkswagen expects a shortage in chip supply to ease in the third quarter but sees the bottlenecks to continue in the long-term, a board member informed Handelsblatt newspaper. “Currently we
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