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.
The 61-member jury, made up of automotive journalists from 23 countries, selected the winner from seven models that had made it to the round of finalists in the first voting last November.
Volkswagen Group CEO Herbert Diess visited Škoda station in Munich. Škoda boss Thomas Schaefer presented him new Enyaq Coupé iV.
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 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.
Restrictions at Germany’s border with the Czech Republic risk severing automotive supply lines and could spark a wave of production stoppages, according to Germany’s VDA automaker association.
While Daimler’s blockbuster plan to split up its car and truck divisions thrilled investors this week, the Mercedes-Benz maker also prepared for the reaction of workers concerned about job security.
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.
Volkswagen said it would further cut car production at its Wolfsburg plant in northern Germany due to a shortage of semiconductors that has hit the industry worldwide.
Nissan plans to further reduce its presence in Europe, including outsourcing sales of its cars to alliance partner Renault, according to a Japanese newspaper.
Volkswagen Group returned to profitability in the third quarter, helped by a surge in demand in China, despite an overall drop in global vehicle deliveries during the COVID-19 pandemic.
Skoda plans to shift production of some high-earning models to other VW Group plants outside the Czech Republic, the automaker’s trade union boss said on Thursday.
Mitsubishi Motors Chairman Osamu Masuko retires, citing health reasons, after leading the automakers through more than a decade.
Volkswagen Group is not done reshuffling its management, CEO Herbert Diess told a German newspaper in an interview.
The coronavirus pandemic in Europe has temporarily shut down production in many factories of European and overseas automakers. Only a few of them did not close their operations: Tatra Trucks is one of them.
Volkswagen Group has agreed to pay 9 million euros ($9.9 million) in a deal with a German court to end legal proceedings against its chairman and CEO, who were accused of holding back market-moving information on rigged emissions tests.
TPCA, a joint venture of Toyota and PSA Group, has extended the shutdown of its plant in Kolin, Czech Republic, until at least May 25.
Benzina plans to continue the investment in expanding and developing its Slovak network also this year. The leader of the Czech market ended last year with ten filling stations in Slovakia, and it plans to double their number this year.
Ford confirmed today that it intends to restart initial production at most of its main continental European vehicle and engine plants from May 4.
PSA Group warned of sharp fall in demand for autos this year due to the coronavirus crisis after posting a 15.6 percent drop in first-quarter revenue.
