Europe

ZF Buys Stake in German Engineering Firm

October 22, 2018 at 2:51 PM

ZF Friedrichshafen AG has acquired a 35% stake in ASAP Holding GmbH, an engineering services company based in Gaimersheim, Germany.

Aston Martin Files to Trademark Valhalla Name

October 22, 2018 at 10:55 AM

Aston Martin Lagonda Ltd. has filed an application to trademark the name Valhalla, fueling speculation the luxury carmaker will use the moniker for the hypercar it plans to launch in 2021.

British Partners Target Self-Driving Taxis by 2021

October 22, 2018 at 1:38 AM

U.K. taxi service Addison Lee Group has signed a deal with British autonomy software developer Oxbotica to launch self-driving shuttles in London by 2021.

Software Snag Stalls Debut of Audi’s First Electric SUV

October 22, 2018 at 12:57 AM

Audi AG says its new e-tron all-electric SUV will reach dealers four weeks later than expected because the company must clear a software update with regulators.

FCA Sells Magneti Marelli to Calsonic Kansei

October 22, 2018 at 12:16 AM

Fiat Chrysler Automobiles NV has struck a deal to sell its Magneti Marelli partsmaking business to Japan’s Calsonic Kansei Corp.

Europe Poised to Approve Wi-Fi Over G5 for Connectivity

October 19, 2018 at 4:39 PM

The European Commission is preparing to unveil draft legislation next month that would approve vehicle connectivity that uses high-speed wi-fi technology rather than next-generation cellular networks.

Daimler Issues Second Profit Warning

October 19, 2018 at 3:03 PM

Daimler AG has lowered its financial guidance for the second time in four months, citing diesel emission compliance and recall costs.

Daimler Issues Second Profit Warning

October 19, 2018 at 2:55 PM

Daimler AG has lowered its financial guidance for the second time in four months, citing recall costs and diesel emission compliance issues.

Porsche Confirms Taycan Sports Wagon

October 19, 2018 at 12:54 PM

Porsche AG says it will build a production version of the Mission E Cross Turismo electric concept vehicle that was unveiled at the Geneva auto show in March.

British MPs Call for Ban on Piston Engines by 2032

October 19, 2018 at 12:47 AM

A British government panel says the U.K. should ban the sale of piston-powered vehicles by 2032—eight years sooner than currently targeted.

TenCate to Supply Composites for Aston Martin Valkyrie

October 18, 2018 at 5:24 PM

California-based TenCate Advanced Composites, which is part of Japan’s Toray Group, says it will supply carbon fiber and other composite materials for Aston Martin Lagonda Ltd.’s upcoming Valkyrie hypercar. 

Daimler Invests in New Zealand HMI Firm

October 18, 2018 at 2:34 PM

Daimler AG is making an unspecified investment in Soul Machines Ltd., a New Zealand-based company that specializes in digital personal assistant systems.