BERLIN — Volkswagen Group brands have halted all paid activities on Twitter until further notice, a spokesperson for the automaker said. Earlier this month, VW Group, which owns Audi together with the VW, Seat, Cupra, Lamborghini and Bentley brands, said it had recommended the brands pause paid advertising on Twitter until further notice following Elon
Europe
Ford is targeting potential customers of the VW ID Buzz battery-electric van with upmarket versions of the newly unveiled E-Tourneo Custom passenger van. The E-Tourneo Custom is one version of Ford’s new passenger van range based on the Transit Custom midsize van unveiled earlier this year. The battery-electric version uses a 74-kilowatt hour battery for
Stellantis has thousands of cars stuck at its Sochaux plant in eastern France as logistics problems that impacted the maker of Peugeot 3008 SUVs last quarter persist. “There are big problems to deliver new vehicles,” said Jerome Boussard, a CGT labor union representative at the factory. “We had about 4,000 of them stuck in our
The U.S. and Europe could cut their dependence on China for electric vehicle batteries through more than $160 billion of new capital spending by 2030, the Financial Times said, citing a Goldman Sachs report. China’s dominance could be unwound by protectionist policies in the U.S. and Europe, along with alternative battery chemistries that require fewer
Just as “Black Panther” marketing reaches a crescendo, the brand hype has started for the year’s next mega-blockbuster, “Avatar.” Mercedes-Benz debuted a co-promotional campaign with the sci-fi sequel, called “Avatar: The Way of Water,” which hits theaters Dec. 16. The effort, created in partnership with Avatar’s movie studio 20th Century Studios, will run globally and
The German car industry’s bid to take the electric-vehicle crown from Tesla veered off course this week with stumbles for Volkswagen and Mercedes-Benz. VW plans to delay its key Trinity flagship EV project by at least two years after software fumbles, according to a person familiar with the situation, calling into question its ambitious 52
Volkswagen has set up accounts on fast-growing Twitter alternative Mastodon amid questions over the future of the social network under Elon Musk. VW confirmed it created the handles @VWGroup and @Cariad_Tech on Mastodon for communications related to its group and software unit, respectively. “Mastodon is an attractive platform that we would like to try out,”
TOKYO — The troubled, ever-evolving Tokyo auto show will be rechristened the Japan Mobility Show when it returns in 2023 under a bigger tent that aims to include everything from motorcycles to startups and an array of new participants under an “all-industry” banner. Organizers hope the reboot rekindles international interest in Asia’s erstwhile premier auto
FRANKFURT — Volkswagen Group is holding discussions with investors to join its battery division ahead of a possible partial initial public offering (IPO) of the subsidiary, two people familiar with the matter told Reuters. The idea is to bring in investors pre-IPO so VW can gauge how the division – named PowerCo – might be
Jaguar Land Rover said it was looking to recruit workers who have been fired by technology companies such as Meta Platforms and Twitter to fill digital and engineering vacancies. The automaker wants to hire about 800 workers across the UK, U.S., Ireland, India, China and Hungary, JLR said in a statement on Friday. The jobs
LOS ANGELES — Fulfilling the decades-old desire of Volkswagen’s U.S. dealers to have a pickup to sell is now in the hands of a 53-year-old native Argentinian. On the job running the company’s North America operations for just over two months, he believes that desire is valid. But getting from “we want” to “we have”
WARSAW — China’s Geely Automobile Holdings will supply ElectroMobility Poland (EMP) with a modular electric vehicle platform that will form the basis of its Izera range, the companies said. The Izera is a key element in Polish efforts to harness the switch to electric vehicles to help its auto sector catch up with regional rivals
Thierry Bollore’s two-year stint as CEO of Jaguar Land Rover was memorable for failing to generate a single profitable quarter during a period when rival luxury automakers were posting record margins. However, the Frenchman’s turnround at the troubled UK automaker was on the cusp of generating positive results, even as global events conspired against him.
Jaguar Land Rover CEO Thierry Bollore is leaving the automaker just two years after he took on the role. Bollore, 59, will step down effective Dec. 31, JLR parent Tata Motors said on Wednesday, citing personal reasons for his departure. Adrian Mardell, currently JLR’s head of finance, will take over as interim CEO. Mardell has
Jaguar Land Rover CEO Thierry Bollore is leaving the automaker just two years after he took on the role. Bollore, 59, will step down effective Dec. 31, JLR parent Tata Motors said on Wednesday, citing personal reasons for his departure. Adrian Mardell, currently JLR’s head of finance, will take over as interim CEO. Mardell has
BERLIN — Continental said it was investigating the theft of company data in a cyberattack but declined to comment on media reports that hackers had put the information up for sale. The German business paper Handelsblatt reported that hackers had published a list of the data on the darknet and that it included budget, investment
MILAN – Raw materials price inflation has hit battery-electric vehicles harder than internal combustion cars, according to a recent report, pushing back cost parity between the two powertrains as Europe tries to cut carbon emissions. The report, from AlixPartners, found that material costs for EVs were $5,076 per vehicle in September, an increase of $2,152
Faraday Future Intelligent Electric said on Monday it had signed a deal to raise up to $350 million as the electric-vehicle startup looks to roll out its FF 91 luxury car. The company said that financing from an affiliate of Yorkville Advisors Global at an initial commitment of $200 million gives it financial flexibility to
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