European

Volkswagen expects a continued hit from a shortage of semiconductors in 2022, although it should be able to increase production in the second half of 2022, CEO Herbert Diess said on …

Stellantis and unions have agreed to reduce 714 jobs at the automaker’s operations in Italy this year through voluntary redundancies, the UILM union said last week. The deal is the …

Volvo Car Group’s sales declined 20.2% in January due to the global component shortage. Nevertheless, the demand for automaker’s products remained strong. Volvo warned last year that the chip shortage …

Britishvolt will develop batteries for a fully-electric sports car in partnership with British automaker Lotus, the first publicly-announced client for the electric vehicle (EV) battery startup. Britishvolt said the research …

Stellantis is planning to repay early a 6.3 billion euro ($7 billion) loan backed by the Italian government which its predecessor Fiat Chrysler secured at the peak of the coronavirus …

Volkswagen said their carbon emissions from passenger vehicles in 2021 were about 2% under the European target limits at 118 grams per kilometer, according to initial figures, the automaker said …

Volkswagen sees its lowest sales figures in 10 years in 2021 at 8.9 million deliveries, the automaker said last week. The automaker added it expected supply chain conditions to remain …

Volkswagen‘s Skoda Auto said on Tuesday its worldwide deliveries declined 12.6% year-on-year in 2021 to 878,200 cars as the industry continues to have a hard time with semiconductor shortage and …

Luxury automaker Rolls-Royce saw its sales increase 49% to a record high in 2021 regardless of the global coronavirus crisis, as demand worldwide for luxury vehicles increased. Rolls-Royce is a …

Aston Martin said sales to dealers increased 82% in 2021, even as the British luxury automaker forecast lower-than-expected annual adjusted core revenues because of delays in shipments of its limited-edition …