Sweden’s NEVS Buys Protean Electric

June 03, 2019 at 12:00 PM

National Electric Vehicle Sweden AB has acquired Protean Electric Inc., a Troy, Mich.-based company that produces in-wheel electric drive motors.

Haldex Names New CEO

June 03, 2019 at 10:08 AM

Swedish brake system supplier Haldex SA has named Helene Svahn as CEO, effective immediately.

22 Brands Opt Out of Frankfurt Auto Show

June 03, 2019 at 12:52 AM

This year’s Frankfurt auto show in September won’t include 22 vehicle brands, according to Automobilwoche.

FCA Ponders Richer Offer for Renault Merger Bid

June 03, 2019 at 12:07 AM

Fiat Chrysler Automobiles NV reportedly is considering sweeteners to build more support from the French government for its proposed $35 billion merger with Renault SA.

Lotus Hypercar Coming Next Month

May 31, 2019 at 1:34 PM

Group Lotus plc says it will take the wraps off the all-new Type 130 electric hypercar in London in mid-July.

Renault Plans June 4 Decision on FCA Merger Talks

May 31, 2019 at 10:12 AM

Renault SA says its board will decide on June 4 whether to open merger talks with Fiat Chrysler Automobiles NV, Reuters reports.

FCA Chairman Asks to Meet with Nissan, Mitsubishi

May 30, 2019 at 2:28 PM

Fiat Chrysler Automobiles Chairman John Elkann reportedly has asked to meet with the CEOs of Nissan and Mitsubishi Motors to discuss the proposed merger between FCA and Renault.

U.S. Trade Talks with EU Remain Stalled

May 30, 2019 at 12:38 PM

Little progress has been made in the 10 months since the U.S. and European Union agreed not to escalade their trade war over cars, industrial goods and regulations.

Daimler Trucks Forms Autonomous Tech Unit

May 30, 2019 at 10:13 AM

Daimler AG’s commercial truck unit is creating an Autonomous Technology Group that will develop systems for Level 4 self-driving vehicles.

Car Production in U.K. Plunges 45%

May 30, 2019 at 2:37 AM

Britain’s output of passenger cars plummeted 45% to 71,000 units in April, the Society of Motor Manufacturers and Traders reports.

Tavares Sees FCA “Takeover” in Merger with Renault

May 29, 2019 at 4:52 PM

PSA Group CEO Carlos Tavares tells to his top executives that the proposed merger of Fiat Chrysler Automobiles and Renault would be a “virtual takeover of Renault by Fiat.”

New Ferrari Supercar Breaks Cover

May 29, 2019 at 4:15 PM

Ferrari NV says its all-new SF90 Stradale plug-in hybrid is the fastest and most technically advanced model in the company’s 80-year history.