Europe

China’s BAIC Aims to Buy Stake in Daimler

May 13, 2019 at 12:06 AM

Chinese carmaker BAIC Group intends to acquire 4%-5% of Daimler AG as a way to defend its investment in the company’s Beijing Benz Automotive venture with the German carmaker, sources tell Reuters.

Calsonic, Magneti Marelli Merger Yields New Name

May 10, 2019 at 1:25 PM

Marelli is the new name of the automotive partsmaking entity created by the merger of Japan's Calsonic Kansei Corp. and Italy's Magneti Marelli SpA.

Ferrari to Stop Supplying Engines to Maserati

May 10, 2019 at 6:00 AM

Ferrari NV, which was spun off from Fiat Chrysler Automobiles NV in 2015, will stop supplying engines to former sibling Maserati within three years.

Honda to Keep “e” Name for Electric City Car

May 10, 2019 at 12:00 AM

Honda Motor Co.’s upcoming electric city car will be called the “Honda e.”

Tata Denies Plans to Sell Jaguar Land Rover to PSA

May 09, 2019 at 1:05 PM

Tata Motors Ltd. says there is “no truth” in a British media report that the company is poised to sell its Jaguar Land Rover unit to PSA Group.

Mitsubishi Calls for Return of U.K. Plug-in Hybrid Incentives

May 09, 2019 at 10:25 AM

Mitsubishi Motors Corp. says the U.K. should reinstate incentives for plug-in hybrid incentives that the government discontinued last November.

Dyson Reveals Patent Sketch for EV

May 09, 2019 at 12:49 AM

Home appliance maker Dyson Ltd. has revealed a patent sketch of the electric car it plans to debut in 2021.

VW Names Electric Hatchback the “ID.3”

May 08, 2019 at 3:26 PM

Volkswagen AG says its upcoming all-electric compact hatchback will be called the ID.3.

Polestar Opens R&D Center in U.K.

May 08, 2019 at 11:14 AM

Volvo Car Corp.’s Polestar electric vehicle unit is opening a research and development center in Coventry, England.

Engines Remain Key Part of Maserati’s Future

May 07, 2019 at 5:13 PM

Fiat Chrysler Automobiles NV’s Maserati unit is due to launch several electrified vehicles in coming years, but the brand remains committed to piston engines.

McLaren to Unveil GT Supercar Next Week

May 07, 2019 at 12:46 PM

McLaren Automotive Ltd. will take the wraps off the all-new GT supercar next week.

Ferrari’s Revenue, Earnings Soar

May 07, 2019 at 11:57 AM

Ferrari NV reports that its adjusted net profit in the first quarter of 2019 jumped 22% to €180 million ($201 million).