In outlining the industrial side of their merger, PSA Group and Fiat Chrysler Automobiles said that more than two-thirds of their production would be concentrated on just two platforms, with 3 million cars per year on a compact/midsize platform and 2.6 million on a small platform.

Volkswagen Group is not considering other locations for a new multibrand plant besides Turkey, sources said. A decision to build the plant in Turkey is still on hold and will not be made until February, sources familiar with the matter told Automobilwoche.

Renault has offered Luca de Meo, CEO of Volkswagen Group’s Seat brand, the job of CEO, Spanish newspaper La Vanguardia reported on Saturday, citing anonymous sources.

Automakers selling cars in the EU may face tougher CO2 emissions reduction targets after the European Commission signaled it will review goals already set for 2030.

Volkswagen Group, in another legal action stemming from its 2015 emissions-cheating scandal, was charged with importing nearly 128,000 vehicles into Canada contravening the country’s environmental legislation.

Volkswagen Group’s headquarters in Wolfsburg, Germany, was raided by public prosecutors on Tuesday in the latest investigation into the automaker’s diesel emissions scandal.

Daimler could face further recalls related to manipulated diesel engines in some of its Mercedes-Benz compact models, weekly magazine Der Spiegel said on Friday, without citing sources.

The state-of-the-art production line at Motr Jikov Group in Ceske Budejovice, near the border with Germany and Austria, is running at full speed to deliver orders to Volkswagen Group’s Scania truck unit.

Daimler said it plans to cut thousands of jobs worldwide by the end of 2022 after it reached an agreement on its plans with labor unions.

Audi plans to eliminate about 15 percent of its German workforce to lift earnings by 6 billion euros ($6.6 billion) as the automaker pushes ahead with a restructuring plan to help adapt to the costly transition to electric cars.

Germany’s cartel authority said it was fining BMW, Volkswagen Group and Daimler a total of 100 million euros ($110.84 million) for unlawful actions in relation to steel purchases.

The eighth Porsche Experience Centre (PEC) worldwide and the biggest of its kind so far will be built at the “Autodromo di Franciacorta” racetrack in Italy.

European new-car sales rose 8.6 percent in October, driven by robust demand in Germany and France and a rebound in demand for Volkswagen Group brands that were hit by the introduction of new emissions rules last year.

Two former Volkswagen management board members and two other managers were charged by German prosecutors for paying too much to labor representatives.

Russia’s new-car sales fell 5.2 percent in October to 152,057, the Association of European Businesses (AEB) said in a statement.

Tesla plans to build its next factory near Berlin, CEO Elon Musk said, sending a stark message to Germany’s automakers that he is headed for their home turf.

PSA Group and Fiat Chrysler Automobiles have no plans to scrap any of their brands following their $50 billion merger, PSA CEO Carlos Tavares told a French television station.

Fiat Chrysler Automobiles and PSA Group have said they will not to close factories if they merge but this promise is likely to come under heavy strain as the combined group would have spare production capacity of almost 6 million vehicles in a slowing autos market.