The Bigster will join the Duster, allowing Dacia to cover 80 percent of the addressable market in Europe. Source: autonews.com … [Read more...]
Tesla dispute to be reviewed by Swedish court
A district court in Stockholm refused to issue a snap injunction that would have forced the Swedish postal service to deliver license plates for Tesla’s cars, postponing a possible temporary ruling on the matter until Friday at the earliest. Source: autonews.com … [Read more...]
Toyota reaps $2 billion from Denso sale to fund new technology
Toyota’s planned $2 billion sale of shares in its top supplier Denso cheers investors but also gives the automaker funds to develop an array of next-gen electrification and software tech. Source: autonews.com … [Read more...]
EU pitches three options to deal with post-Brexit tariffs on EVs, report says
The EU options are delaying tariffs by as many as three years, doing nothing, or introducing a 12-month “cushion,” Bloomberg reported. Source: autonews.com … [Read more...]
Huawei's new smart car unit valued at up to $35B amid advanced stake talks, report says
Huawei will spin off its Intelligent Automotive Solution (IAS) business unit into a new company which will receive the unit's core technologies and resources. Source: autonews.com … [Read more...]
Dacia moves new Duster upscale, but keeps competitive pricing
The first complete overhaul of the best-selling small SUV from Renault's value brand gives it a new platform, hybrid options and crisper styling. Source: autonews.com … [Read more...]
Nio teams up with Geely on EV battery swapping
Nio and Geely will look to establish an efficient battery asset management mechanism, build a unified battery swap operation and develop battery swappable vehicles compatible with each other's battery swap systems. Source: autonews.com … [Read more...]
Mercedes to move flagship EQS SUV output to Germany from U.S.
The shuffle is intended to make room at the Vance, Alabama plant for the higher-volume GLC EV. Source: autonews.com … [Read more...]
Here hires new CEO amid battle with Google to supply maps for self-driving cars
Former Honeywell executive Mike Nefkens will lead the Dutch mapping company, whose shareholders include Audi, BMW, Mercedes and Bosch. Source: autonews.com … [Read more...]
Nissan Leaf will get SUV styling to help boost slowing demand
The new Leaf will have an electric-optimized platform, more range from an energy-dense battery and a design that avoids the ungainly proportions of the first two generations of the compact EV. Source: autonews.com … [Read more...]
Denmark delays tax hikes on EVs in new budget
Tax benefits have helped support rising sales of electric cars in Denmark, which is one of the European Union’s frontrunners in the transition to electrification. Source: autonews.com … [Read more...]
Toyota Group companies plan $4.7B sale of Denso stake, report says
The sale would mark the latest step by Toyota to unload some of its cross-shareholdings as it ramps up funding for R&D and factory-floor overhauls ahead of future EV production. Source: autonews.com … [Read more...]
Tesla, Skoda, Porsche avoid decline in Netherlands sales
Tesla, Skoda and Porsche were among the October sales winners in the Netherlands, while Toyota, Ford, Opel and Peugeot reported significant declines. Source: autonews.com … [Read more...]
Tesla sues Sweden over blocked license plates amid strike
Tesla said the Swedish Transport Agency's decision not to let it pick up licence plates blocked by postal workers was 'a unique attack on a company operating in Sweden.' Source: autonews.com … [Read more...]
Volkswagen to reduce headcount at 'no longer competitive' VW brand
VW brand chief Thomas Schaefer told a staff meeting at the automaker's headquarters in Wolfsburg that VW’s pre-existing structures, processes and high costs, are no longer making the brand competitive, Reuters reported. Source: autonews.com … [Read more...]
Lancia Ypsilon EV to lead Stellantis brand's Europe expansion
The Stellantis premium brand is expanding outside of Europe, starting with the new Ypsilon. Sales will open next summer with a limited-edition EV variant. Source: autonews.com … [Read more...]
Vitesco calls Schaeffler's increased offer price 'inadequate'
The higher offer came after Vitesco’s management and supervisory boards made multiple public statements acknowledging some shareholders’ views that the offer was too low Source: autonews.com … [Read more...]
Stellantis CEO Tavares says EU, U.S. elections may slow EV sales
Stellantis may have to change its strategy "if political and public opinion tends toward fewer EVs," CEO Carlos Tavares said. Source: autonews.com … [Read more...]
German government, automakers to strategize on 15M EV goal
The German government is scrambling for alternative sources of funds for projects such as expanding the charging infrastructure for EVs. Source: autonews.com … [Read more...]
VW's Scout EVs to be developed by Magna Steyr, report says
VW has given the supplier an order worth 450 million euros ($492 million) to develop the models. That is Magna Steyr's largest ever development deal, Austrian newspaper Kleine Zeitung reported. Source: autonews.com … [Read more...]