Geneva auto show 2023 cancelled
19.August 2022

The Geneva auto show scheduled to take place in February has been cancelled for the fourth year running. Organizers of the event are switching its traditionally chilly venue in alpine Europe to the balmy Middle East.

Mercedes prepared to cut gas use
27.July 2022

Mercedes-Benz expects a significant rise in revenues and slightly higher earnings in 2022 on the back of strong vehicle prices and model mix even as the company warned of economic turbulence due to Europe’s worsening energy crisis, high inflation and protracted supply-chain problems.

Russian nickel sanctions would slow decarbonization agenda
11.March 2022

Sanctioning Russian nickel will slow the adoption of electric vehicles (EVs) and hinder the decarbonization of Western economies, according to GlobalData. The leading data and analytics company notes that such actions will simply mean Western countries will be more reliant on Russian oil and gas for longer.

Tesla posts record 308,600 global deliveries in Q4
4.January 2022

Tesla delivered 308,600 vehicles worldwide in the fourth quarter, smashing the previous record for the EV maker and setting a capstone on a year in which the company joined the exclusive $1 trillion market valuation club.

BMW raises target for EV sales
17.March 2021

BMW expects a significant increase in group profit in 2021 as it forecast a strong performance in all of its segments. The automaker also targeted a steep rise in electric-vehicle sales.

VW Golf hybrid production hit by battery cell shortage
22.February 2021

Volkswagen’s biggest plant in Wolfsburg, Germany, is struggling to meet strong demand for the Golf model due to shortages of battery cells for hybrid versions and semiconductor components, the company’s labor leader told a German newspaper.

Jaguar Land Rover to cut 2,000 salaried jobs
18.February 2021

Jaguar Land Rover expects to reduce its global salaried workforce by about 2,000 people in the next financial year as the U.K. automaker cuts costs under new CEO Thierry Bollore.

Gothenburg orders 22 Volvo double-deckers
11.February 2021

Keolis has ordered 22 of Volvo Buses’ new double-decker model, the Volvo 9700 DD. The coaches will be used for express services between Gothenburg and Borås from December 2021.

Skoda’s lack of chips can complicate production
1.February 2021

Škoda Auto, the automaker from Mladá Boleslav, has faced a shortage of chips as part of its bulk equipment in its cars. This could lead to interruptions or cuts to production of some models, said Martina Gillichová, a spokeswoman for Škoda Auto, last week.