Europe

Renault Group is in discussions with Volvo Trucks to collaborate on the French carmaker’s new FlexEVan electric van project that will help it compete with Stellantis in Europe, according to people familiar with the matter. Talks with Volvo Trucks, which is the parent company of Renault Trucks and is the world’s second-biggest truckmaker, are continuing and

SEOUL — South Korea’s anti-trust regulator said it will impose a combined fine of 42.3 billion won ($33.48 million) on Mercedes-Benz, BMW, Volkswagen and Audi for colluding to rig emissions of its diesel cars using software. The four were involved in collusion that reduced competition and restricted consumer choice, the Korea Fair Trade Commission (KFTC)

LONDON — Nissan has reinstated Europe as a “core” global market as the automaker recovers from its business crisis in 2020, when it shrank its footprint in the region to concentrate on the U.S., China and Japan. Nissan has successfully tackled the underlying cause of its unprofitability in Europe after launching new models and cutting

BorgWarner has appointed Hau Thai-Tang, who retired last year after a long career at Ford Motor Co., to its board of directors. Thai-Tang held top roles in Ford’s product development and purchasing departments in his 34 years at the automaker. BorgWarner, in a Wednesday news release, praised Thai-Tang for developing “an industry leading product portfolio

Volvo Cars has chosen Swiss supplier Bühler to help it transition its biggest, oldest car plant toward a Tesla-utilized technique known as megacasting. Volvo has purchased two of Bühler’s largest die-casting solutions to produce structural castings for next-generation EVs that will be made in Torslanda, Sweden. When asked which other companies bid on the contract

BERLIN — Ford employees will be updated on negotiations with management over planned job cuts in Europe later this month Ford said in January that it would decide by mid-February how many jobs would be lost in the region. The automaker did not say how many jobs could be axed but the works council at

PARIS — The rebalancing of the Renault-Nissan Alliance will bring new models to Europe, but it also has the potential to reshape fundamental operations such as finance, distribution, retail and end-of-life disposal of cars. Renault and Nissan announced they will activate a series of joint “high value creation” projects on Monday involving new cars, vans

Renault and Nissan are finally done reshaping their complex relationship. The new status: better, but still complicated. Following almost a year of discussions, the partners presented a deal in London Monday that will see Renault lower its stake in Nissan and plans for a range of new models alongside junior alliance partner Mitsubishi Motors. There

LONDON — The new terms of the alliance of Renault, Nissan and Mitsubishi mean the three companies now have “an open relationship rather than a forced marriage,” Renault CEO Luca de Meo told Automotive News Europe after the automakers held a joint news conference in London on Monday. The setting for the event in the

Renault’s board voted in favor on Sunday to reshape the French automaker’s alliance with its Japanese partner Nissan, a source said. The deal will reshape the two-decade-old alliance to put the two companies on an equal footing. Under the agreement, Renault will reduce its controlling stake in Nissan to 15 percent from 43 percent, while

BARCELONA — Tata Motors is considering setting up a battery cell plant for electric vehicles in Spain or Britain, a source with knowledge of the matter told Reuters, as the automaker seeks to boost supply chains in Europe. Tata Motors Chief Financial Officer, P.B. Balaji said last month that the company is considering setting up

Ford is returning to Formula One after more than two decades as a partner to reigning champions Red Bull Powertrains. The automaker will reenter F1 in 2026, when new regulations will require teams to use fully sustainable ethanol as fuel and increase electrical power by as much as 50 percent. Audi also plans to join then,

Rationalizing your business in an already high-cost, low-return industry that is undergoing major change is not easy. Look no further than Ford and its Fiesta. The almost 50-year-old small hatchback has been one of Europe’s most popular models. Less than a decade ago, Ford was celebrating it becoming the UK’s best-selling car of all time.

SAN LUIS POTOSI, Mexico — BMW plans to invest 800 million euros ($866 million) in the central Mexican state of San Luis Potosi to produce high-voltage batteries and fully electric Neue Klasse models. The expansion, set to add around 1,000 new jobs at its operations in the Mexican state, is BMW’s latest push into electric

A pair of Automotive News Europe Rising Stars have had a successful start to 2023. Onto CEO Rob Jolly’s electric car subscription service has raised 100 million pounds ($121 million) to help it expanding its EV fleet in the UK. The credit funding line comes from global investment group CDPQ and independent asset manager Pollen

Renault and Nissan will formally unveil the agreement to reshape their alliance on Feb. 6 in London, the companies. The deal will reshape the two-decade-old alliance to put the two carmakers on an equal footing. Renault will reduce its controlling stake in Nissan to 15 percent from 43 percent, while Nissan will take a share

LONDON — Jaguar Land Rover has added a third shift for the Land Rover Defender SUV at its Slovakian plant to help clear a backlog of orders for its best-selling model. The Defender, which is available in three different body lengths, has been JLR’s top seller for the past seven quarters as the company prioritized

SHANGHAI — BMW has raised suggested retail prices for some models sold in China because of higher raw material and logistics costs globally. The automaker increased the manufacturer’s suggested retail prices of 17 models in China including its 5-Series sedans and X5 crossovers, effective immediately, Shanghai Securities News reported. The MSRP of X3 crossovers also