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
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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
BMW has unveiled the world’s first “color-changing” car at the Consumer Electronics Show (CES) that took place in Las Vegas. The concept car, called the BMW iX Flow, utilizes electronic
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