Europe

Group Lotus has appointed former Volvo global marketing chief Mike Johnstone to lead the performance brand’s commercial operations, the company said. Johnstone has already taken up the London-based post, reporting to Group Lotus CEO Feng Qingfeng. Johnstone joined Volvo in 2017 as head of the brand’s UK marketing operations before moving to oversee its global
0 Comments
Volkswagen brand is replacing its design chief, Jozef Kaban, with Bentley’s design boss, Andreas Mindt, according to company sources. Mindt will take up the post at VW brand on Feb. 1, the sources told Automotive News Europe sister publication Automobilwoche. Mindt’s successor at Bentley will be Tobias Suehlmann, who currently heads exterior design at the
0 Comments
Ford will cut more than 1,000 jobs in Germany as it switches its business in the region to selling only electric cars. The automaker plans to reduce the workforce at its European headquarters and factory in Cologne, Germany, by a four-digit number, sources told Automotive News Europe sister publication Automobilwoche. The job losses will be
0 Comments
BERLIN — Northvolt believes in Germany as an industrial location and continues discussions on building a battery plant there, it said on Wednesday amid speculation that the Swedish battery maker could divert its planned investment to the U.S. The $369-billion U.S. Inflation Reduction Act passed last year prompted companies including Northvolt to rethink planned investments
0 Comments
Volvo Cars is restructuring its Americas business and spinning the U.S. and Canada markets into a separate unit. Anders Gustafsson, 54, head of Volvo Cars Americas and CEO of Volvo Car USA, will give up his responsibilities March 1, three people briefed on the matter told Automotive News. Michael Cottone, a 21-year Volvo veteran and
0 Comments
PARIS — Renault improved sales in higher-margin segments in 2022, a key component of CEO Luca de Meo’s turnaround plan for the brand, even as overall sales slumped by 9.4 percent.  Sales excluding Russia were 1.47 million units. Including Russia, global sales declined by 15 percent.  In Europe, sales in the compact segment were up by
0 Comments
COLOGNE, Germany — Ford will reduce its dependence on Volkswagen Group’s EV technology as the U.S. automaker shifts its European lineup to electric-only. After launching two new all-electric EVs based on VW Group’s MEB electric-only architecture, Ford will use its own technology for future electric cars. VW’s MEB platform was a transitional technology for Ford
0 Comments