Europe

Report: Renault Readies New Nissan Merge Plan

April 26, 2019 at 12:55 PM

Renault SA is preparing a proposal that would merge the company with Nissan Motor Co. through a holding company, sources tell The Nikkei.

Porsche Developing Panamera Coupe, Convertible

April 26, 2019 at 9:32 AM

Porsche AG is developing coupe and convertible variants of its Panamera sedan, according to multiple reports.  

Aston Martin Commits to Future V-12 Models

April 25, 2019 at 11:31 AM

Aston Martin Holdings Ltd. plans to continue offering V-12-powered vehicles for the foreseeable future, chief creative officer Marek Reichman tells Top Gear.

PSA’s Group Revenue Slips as Unit Sales Drop 16%

April 25, 2019 at 2:13 AM

PSA Group says its unit sales skidded 16% to 886,000 cars in January-March, mainly because of suspended operations in Iran.

Commercial Truck Sales in Europe Climb Again

April 25, 2019 at 2:10 AM

Deliveries of commercial vehicles across Europe grew 4% to 280,200 units in March, trade group ACEA reports. It was the third straight month of year-on-year gains.

Profits Skid 22% for Volvo Cars

April 25, 2019 at 1:30 AM

Volvo Car Corp. reports its first-quarter vehicle sales grew 9% to 161,300 units on gains in all major markets. Revenue climbed 11% to 62.9 billion kronor ($6.7 billion).

London Startup Launches Electric City Car

April 24, 2019 at 2:05 PM

London-based electric vehicle startup Space Options Ltd. is launching its range of all-electric “Me” quadricycles under the company’s Siticars brand.

Car-Sharing Giant Getaround Buys Rival Drivy

April 24, 2019 at 10:23 AM

San Francisco-based Getaround Inc. is acquiring European rival Drivy in a $300 million deal that will create the world's largest car-sharing service.

BMW to Source Cobalt Directly from Approved Mines

April 24, 2019 at 8:37 AM

BMW AG plans to buy cobalt, which is used in lithium-ion batteries for electrified vehicles, directly from mines to ensure child labor isn’t used during the mining process.

Prosecutors Probe Bonuses Paid to Suspended VW Exec

April 23, 2019 at 2:53 PM

Prosecutors may level breach of fiduciary duty charges against Volkswagen AG for paying bonuses to an executive suspended during VW’s diesel emission cheating scandal.

Renovated Lambo Museum Opens in Italy

April 23, 2019 at 12:41 PM

Lamborghini SpA has reopened its renovated museum at the company’s headquarters complex in Sant'Agata Bolognese, Italy.

Porsche Mulls Mix of Hybrids, All-Electric Platforms

April 23, 2019 at 12:28 AM

Porsche AG plans by 2022 to offer its Boxster and Cayman sports cars with hybrid powertrains—and all-electric variants that ride on a different platform, Autocar reports.