Europe

BMW Targets Ultra-Luxury Performance Niche with 8 Series Coupe

June 18, 2018 at 3:29 PM

BMW AG says its all-new 8 Series coupe combines a potent combination of top-end driving performance and posh luxury appointments unlike any other vehicle on the market.

U.K. Softens Targeted Ban on Piston-Powered Vehicles

June 18, 2018 at 2:26 PM

The U.K., which last July declared it would ban all forms of piston-powered vehicles by 2040, is backing away from that target.

UPDATE: Audi Names Interim CEO after Stadler Arrest in Diesel Scandal

June 18, 2018 at 8:56 AM

Prosecutors in Munich say Rupert Stadler, CEO of Volkswagen AG’s Audi unit, was arrested and jailed earlier today to prevent him from obstructing their investigation into diesel emission cheating.

Toyota Hybrids Finish 1-2 at Le Mans

June 18, 2018 at 8:25 AM

Toyota Motor Corp.’s TS050 Hybrid race cars finished first and second at this weekend’s 24 Hours of Le Mans endurance race, giving the carmaker its first victory at the famous French venue.

Volvo Aims for 25% Recycled Plastic by 2025

June 18, 2018 at 2:18 AM

Volvo Car Corp. says at least 25% of the plastic it uses in new cars by 2025 will be made from recycled material.

Northvolt Cuts Battery Factory Price in Bid to Lure Investors

June 15, 2018 at 3:08 PM

Swedish startup Northvolt AB tells Reuters it has “significantly” lowered the estimated price for the electric-car battery factory it hopes to build.

Toyota Teases Hybrid “Super Sports Car”

June 15, 2018 at 2:59 PM

Toyota Motor Corp. has begun developing an all-new “super sports car” with a high-output hybrid-electric powertrain.

Renault Shareholders Approve Ghosn’s Pay Package for 2017

June 15, 2018 at 12:25 PM

Renault SA stockholders have approved a €7.4 million ($8.6 million) package for CEO Carlos Ghosn, defeating an effort by the French government to reduce the amount.

Car Sales Flatten in Europe

June 15, 2018 at 9:14 AM

May new-car registrations advanced less than 1% across Europe last month, reaching 1.44 million units from 1.43 million a year ago, according to trade group ACEA.

German Prosecutors May Fine Bosch, Daimler, Porsche Over Diesel Cheating

June 14, 2018 at 1:30 PM

Prosecutors in Stuttgart say they could levy punitive fines against Bosch, Daimler and Porsche for diesel emission cheating, Reuters reports.

Opel to Lead Work on New 4-Cylinder Engines for PSA

June 14, 2018 at 11:40 AM

PSA Group’s Opel unit is developing 4-cylinder turbocharged engines that will be used by all the carmaker’s brands in China, Europe and North America.

Renault Will Spend €1 Billion on EV Capacity in France

June 14, 2018 at 10:40 AM

Renault SA says it will invest more than €1 billion ($1.2 billion) to expand production capacity for electric vehicles at four factories in France.