Europe

The image arrived in Susan Swenson‘s inbox on a Wednesday evening. Her corporate headshot had been crudely crossed out in digital red ink, and the word “Kill” was written in the bottom left corner. In the hours that followed, some of her colleagues received similar threats, including messages that referenced the recent assassination of former

The UK auto market is on course to face its toughest year since 1982 as the country reels from a cost-of-living squeeze and surging inflation, together with the impact of persisting chip shortages across the globe, the Society of Motor Manufacturers and Traders (SMMT) said. The warning came as the group released monthly data showing

FRANKFURT — New-car sales rose in Germany 17 percent in October as supply issues eased and registrations of electric cars continued to grow. Registrations rose to 208,642, according to data from the KBA motor transport authority published on Thursday. Sales of full-electric vehicles increased 17 percent for a 17.1 percent market share. Diesel vehicle sales

Maserati could be a stand-alone brand in the future if it can become sustainably profitable, Stellantis Chief Financial Officer Richard Palmer said, adding that no decision has been made. In recent years, a number of Maserati’s high-end competitors have been spun off from their parent companies as separate listings, including Ferrari (from Fiat) at the

MILAN — Ferrari is lifting its profit forecast for full-year results, including for core earnings, after beating expectations in the third quarter supported by a double-digit increase in shipments. The company however struck a more cautious tone on the margin on those core earnings, now seen at around 35 percent for this year, versus a

BASF’s new battery materials site in Schwarzheide, eastern Germany, will start production towards the end of the year, the company said as it seeks to cater to a growing European electric vehicle industry. Under a push to build a global materials network serving the EV industry, BASF has been seeking a string of alliances with

Volvo’s next-generation EX90 electric crossover will introduce lidar technology that cocoons the vehicle in an “invisible shield of safety.” Lidar is a remote sensing method that uses laser light pulses to render precise images of the environment around the vehicle. While automakers typically embed safety sensors in the vehicle grille or front fascia, Volvo positioned

MILAN – Kia will expand its range of full-electric models with a small crossover due to be launched in 2024 as well as a compact hatchback as soon as 2025 that would be the South Korean brand’s first EV assembled in Europe. The two cars were revealed as part of Kia’s revised 2030 EV strategy,

PRAGUE — The European Union asked the United States to treat EU electric vehicles, batteries and sustainable energy equipment sold in the United States the same as those from Canada and Mexico, Czech trade minister Jozef Sikela said. The 27-nation EU has been complaining that the U.S. Inflation Reduction Act effectively discriminates against EU producers

The London Electric Vehicle Company, which makes the city’s battery-powered black cabs, plans to cut as many as 140 jobs in the UK as part of a plan to increase efficiency. LEVC, as it is known, is owned by China’s Zhejiang Geely Holding Group – the parent company of Volvo, Lotus, Polestar and others —

Mining companies are going to great lengths to source the raw materials needed for electric vehicle batteries, even miles below the ocean’s surface. They are racing to tap into these seabed stockpiles, striking deals, developing mining processes and equipment and striving to be eco-friendly. Meanwhile, environmental groups want to slow the rush until more is

Tesla began clearing a German forest late Friday to expand its electric-car factory near Berlin, a key piece of the company’s growth plans for Europe. The automaker is working on an application to increase its storage and logistics capacity at its site in Gruenheide, a spokesman said early Saturday, confirming a report by the Maerkische

BERLIN — Volkswagen Group reported third-quarter earnings of 4.3 billion euros ($4.29 billion), behind pre-pandemic levels, following 1.6 billion euros ($1.6 billion) in one-off charges from the suspension of Russian activities and its Porsche listing. The automaker cut its vehicle sales expectations for the year as chip availability remains scarce and logistics continue to pose

Tesla’s Model Y was Europe’s best-selling car in September, moving past some of the region’s most popular combustion-engines models as battery-powered vehicles continue to gain traction. With deliveries more than tripling compared to a year ago to just over 29,000 cars, the Model Y led by a significant margin over the Peugeot 208 with about

Porsche’s operating profit jumped 41 percent to 5.05 billion euros ($5 billion) in the first nine months from the same period last year partly due to exchange-rate effects and healthy sales of its iconic 911 model, the sports-car maker said in a press release. Porsche’s deliveries in the first three quarters rose 2 percent to

BERLIN — Volkswagen Group expects growth in the autos market next year despite the worsening economic outlook as order books showed ongoing high demand was being stifled by supply chain shortages, CEO Arno Antlitz said. The automaker had almost fully compensated for the rising energy and inflation costs this quarter by cutting fixed costs, Antlitz

French President Emmanuel Macron is looking to enlist German Chancellor Olaf Scholz’s support for a new plan to help European automakers compete with the U.S. and China, after President Joseph Biden outlined heavy subsidies benefiting electric cars made in North America. Though they have squabbled over defense and energy policies, Paris and Berlin agree that

Automakers asked new Prime Minister Rishi Sunak and his government to improve the UK’s business environment after car production in the country declined again. The Society of Motor Manufacturers and Traders included the plea in its monthly report on output, which dropped 6 percent in September to 63,125 vehicles, roughly half what companies produced prior