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 shortage continues. “We are being
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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 informed Frankfurter Allgemeine Sonntagszeitung. “Battery
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 pandemic without a major presence
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. An aggressive roll-out plan of
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. The change will only impact
Maserati, Stellantis’ premium automaker, revealed the hybrid version of its Levante large sports utility vehicle (SUV) on Monday, giving a new look to its range as part of a turnaround
Renault will seek to generate over 1 billion euros ($1.20 billion) in sales from the “circular economy” by turning its Flins factory outside Paris into a research, recycling and repair
Major automakers of Germany such as Volkswagen, BMW, and Daimler made a recovery from the coronavirus crisis year of 2020 well in worldwide comparison, according to a study published by
Daimler will create 1,000 new jobs for software programmers at its S-Class production facility for developing its operating system for electric vehicles, according to a report by Automobilwoche on Sunday.
The continued shortage of semiconductors is the only factor weighing on a worldwide recovery of the car sector from the coronavirus crisis, said Herbert Diess, the CEO of Volkswagen. Demand
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