Europe

EU Readies €35 Billion Response to U.S. Car Tariff

July 24, 2019 at 12:36 AM

The European Union is prepared to levy punitive tariffs on €35 billion ($39 billion) in U.S. goods if the Trump administration imposes a 25% tax on EU vehicles.

BAIC Buys 5% Stake in Daimler

July 23, 2019 at 11:59 AM

China’s BAIC Group (Beijing Automotive Industry Holding Co.) has acquired a 5% stake worth €2.5 billion ($2.8 billion) in Daimler AG.

Bosch, Daimler to Start Driverless Parking Tests

July 23, 2019 at 10:38 AM

Robert Bosch GmbH and Daimler AG have been approved to begin testing their automated parking system without a safety driver in Stuttgart, Germany.

Volvo Invests in Medical Crash Data Startup

July 23, 2019 at 12:17 AM

Volvo Car Corp. has invested in Israeli startup MDGo Ltd., which turns crash data into a quick assessment of injuries to a car’s occupants and reports its results to nearby emergency room doctors.

Conti Lowers Outlook Again

July 22, 2019 at 4:54 PM

Continental AG has lowered its guidance for fiscal 2019, mainly because of an anticipated downturn in industrywide production.

Volvo Mulls Bigger—and Smaller—Crossovers

July 22, 2019 at 3:41 PM

Volvo Car Corp. may add SUV/crossover models that are larger—and smaller—than the ones it sells now, CEO Hakkan Samuelsson tells Auto Express.

SEAT Teases Cupra Electric Concept

July 22, 2019 at 12:45 PM

Volkswagen AG’s SEAT unit will unveil an all-electric concept model under its new Cupra sub-brand at the Frankfurt auto show in September.

Mini Brand Ponders Model Proliferation, Again

July 22, 2019 at 12:42 PM

BMW AG’s Mini brand may expand its lineup with new crossover models and two-door hatchbacks.

Volvo to Recall 507,000 Diesels for Fire Risk

July 22, 2019 at 9:25 AM

Volvo Car Corp. plans to recall some 507,000 vehicles worldwide whose diesel engines are equipped with a plastic intake manifold that could melt and cause a fire.

Citroen Mulls Production Possibilities for Massive Concept Tires

July 19, 2019 at 5:13 PM

PSA Group's Citroen unit may adopt oversized tires like those that adorned this year's 19_19 concept electric car on future production vehicles.

Cummins Offers to Buy VW’s Big-Diesel Unit

July 19, 2019 at 1:33 PM

U.S. diesel maker Cummins Inc. has offered to buy a unit of Volkswagen AG that makes huge diesels for ships and electrical generating stations, sources tell Reuters.

Aston Martin’s Top Investor May Raise Stake

July 19, 2019 at 10:52 AM

Italy’s Investindustrial, which owns 31% of Aston Martin Lagonda Ltd., has offered to raise its stake by another three points.