European car safety agency snubs BYD’s Atto 3 driver assistance system
MILAN — Europe’s car safety agency has issued a “not recommended” rating to the driver assistance system used in BYD’s Atto 3 EV,...
German car industry transformation could cost 186,000 jobs by 2035, study finds
A study warns the German car industry could lose 186,000 jobs by 2035, with 46,000 already gone due to the EV transition.
Volkswagen labour chief sounds alarm on mass layoffs, three German plant closures
Volkswagen to close three German factories and lay off thousands, increasing pressure on the government amid economic woes.
Volkswagen weighs wage cuts, bonus reductions in push to save four billion euros: report
Volkswagen is exploring a series of cost-cutting measures for its core brand, including a 10 per cent wage cut and a two-year wage...
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.
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.
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...
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.
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.
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.
