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Daimler to keep 35% stake in trucks spin-off as separation nears
FRANKFURT — Daimler will keep a 35 percent stake in the trucks division that it plans to spin off later…
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Porsche, Audi, VW brands flag chip risk in months ahead
FRANKFURT — Volkswagen Group’s top three brands have pointed to an ongoing shortage of automotive chips that could intensify in…
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VW will add small coupe-styled Taigo crossover in Europe
Volkswagen will introduce a coupe-styled crossover in Europe to give the brand a third small SUV alongside the T-Cross and…
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VW adds coupe-styled Taigo crossover in Europe
Volkswagen is adding a coupe-styled crossover in Europe to give the brand a third small SUV alongside the T-Cross and…
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Brembo raises full-year forecast after 89% jump in core profit through June | Automotive News Europe
Italian premium brakes maker Brembo raised its full-year guidance after posting an 89 percent increase in core earnings for the…
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Ford Puma passes Fiesta, Focus to become automaker’s top-seller in Europe | Automotive News Europe
The Puma went on sale in 2019, giving Ford a more premium entrant in the fast-growing small SUV segment alongside…
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Renault sees chip shortage hitting output and margin recovery | Automotive News Europe
PARIS — Renault doubled its estimate for car production lost to the global chip shortage, saying the supply chain issue…
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Magna finds faster way to electrify trucks
“It’s really important to bridge this gap of traditional powertrains for traditional trucks to electrified trucks,” he added. “There’s a…
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Svolt launches output of cobalt-free batteries
Svolt Energy Technology Co., the former battery unit of Great Wall Motor Co., said it began mass production of cobalt-free…
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Former Delphi Technologies CEO Richard Dauch to take helm at Workhorse
Longtime auto supply executive Richard Dauch will be the next CEO of electric vehicle company Workhorse Group. Dauch, who starts…
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