Spanish carmaker SEAT a and PowerCo supplier annoounced historic 10-billion-euro investment to transform Spain into a European hub for electric mobility.

The seven-seat crossover features a fresh design language and a new brand identity that Skoda said will better help differentiate it from rivals and other Volkswagen Group brands.

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-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.

 Volkswagen Group will stop output in Nizhny Novgorod, Russia, where VW and Skoda cars were being assembled under contract with GAZ Group, a trade union said, citing the company’s message to the plant’s staff.

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.