Friday, 4 April 2025

Focus on Volkswagen Group

FILE PHOTO: A Volkswagen logo is seen on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo
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VW’s Scout Motors unit will offer EV SUVs, trucks with gas engine option

Volkswagen's Scout Motors unveiled electric SUV and truck concepts with up to 500-mile range, adding gas engines for extended range.

A logo of Dassault Systemes SE is seen on a company building in Paris, France, January 27, 2023. REUTERS/Sarah Meyssonnier/ File Photo
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Software firm Dassault Systemes cuts 2024 forecast again on auto sector slowdown

Dassault Systemes cuts 2024 revenue growth forecast again, citing automotive slowdown, amid competitive pressure from rivals.

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QuantumScape Reports Third Quarter 2024 Business and Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced its business and financial results for...

FILE PHOTO: Volkswagen logo is illuminated on a production line for the Golf VIII and Tiguan cars at the VW headquarters in Wolfsburg, Germany May 23, 2024. REUTERS/Fabian Bimmer/File Photo
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Hybrids top petrol power for first time in EU new car sales, ACEA says

Hybrids overtook petrol-powered vehicles in EU new car sales for the first time in September, industry data showed on Tuesday.

FILE PHOTO: Volvo trucks are seen for sale in Linden, New Jersey, U.S., May 23, 2022. REUTERS/Andrew Kelly/File Photo
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Truck maker Volvo’s Q3 adjusted profit falls more than expected

Swedish truck maker AB Volvo forecast stagnant demand next year and posted a bigger-than-expected slide in quarterly adjusted earnings on Friday.

General view of the Franco-Italian automaker Stellantis headquarter, in Turin, Italy October 16, 2024. REUTERS/Remo Casilli
AutomotiveElectric Vehicles (EVs)ManufacturingNews

As Fiat stalls, Italy’s Turin struggles to stave off decline

Turin, home to Europe's oldest car factory, highlights the continent's struggle with electrification costs and China’s competition.

FILE PHOTO: Police vehicles are parked, as a protest against the expansion of the Tesla Gigafactory takes place in Gruenheide near Berlin, Germany, May 11, 2024. REUTERS/Christian Mang/File Photo
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Tesla gets green light from German authorities for first stage of plant expansion

Tesla moves closer to doubling capacity at its Berlin plant after receiving local approval to build a new hall for expansion.

FILE PHOTO: Chairman of the Board of Management of BMW AG Oliver Zipse attends an event at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo
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BMW CEO: Europe must cancel petrol engine ban to reduce reliance on China

BMW CEO Oliver Zipse urges Europe to reconsider its 2035 ban on new fossil fuel cars to reduce reliance on China’s battery supply.

The Alpine Alpenglow Hy6 prototype car is displayed on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier
AutomotiveBusinessElectric Vehicles (EVs)News

China-Europe rivalry heats up at Paris car show as EV tariffs loom

Chinese and European automakers clashed at the Paris car show as the EU plans tariffs on Chinese EVs amid weak demand.

A new Symbioz E-Tech hybrid car by French manufacturer Renault is seen in Boulogne-Billancourt, near Paris, October 11, 2024. REUTERS/Christian Hartmann
AutomotiveElectric Vehicles (EVs)ManufacturingNews

Low-cost hybrid tech gives Renault breathing space in tough EV transition

Renault CEO Luca de Meo’s low-cost gearbox boosts the brand's position in Europe’s hybrid car market.

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