BERLIN — German auto supplier Continental is considering the sale of the car division currently bundled within ContiTech, Manager Magazin reported on Monday, citing company sources. The possible sale would be part of a wider reorganization of the company being planned by Supervisory Board Chairman Wolfgang Reitzle and the executive board around CEO Nikolai Setzer,
Europe
Lamborghini previewed its first full-electric car with the Lanzador concept that it says combines the performance of a supercar with the versatility of a car that is drivable daily. The production version of the 2+2 grand tourer is due to launch in 2028 as Lamborghini‘s fourth model, joining the Urus crossover, Revuelto plug-in hybrid coupe
LONDON — JLR is hiring 300 new employees in the U.K. to help increase testing and production as part of a wider staffing increase amid its shift to electric cars. Among the new positions, 100 technicians will help maintain the company’s body shop at its Solihull plant in central England, following a 70-million-pound ($89 million)
TROY, Michigan — Stellantis seeks a larger supply base for green components and will lean on supplier innovations to meet its sustainability targets, the head of the automaker’s circular economy business unit said here. “We want to increase our supplier footprint,” said Alison Jones, head of global circular economy at Stellantis, during a sustainability summit
Ford is putting a $300,000, 800-hp halo atop its Mustang lineup that’s taking aim at European supercars both on the track and in the streets. The 2025 Mustang GTD is billed as the most powerful street-legal pony car ever and is based on the Mustang GT3 race car that will return to Le Mans next
LONDON — Lotus Group has promoted Ben Payne to head of design following the death of Peter Horbury at age 73 in June. Payne was formerly chief creative officer at Lotus Technology responsible for the brand’s Chinese-built SUVs and sedans. Based in Coventry, central England, he most recently led the design development team for the
BRUSSELS — The European Commission will carry out a regulatory assessment of Qualcomm’s planned takeover of Israel’s Autotalks. “The Commission has asked Qualcomm to notify the transaction. Qualcomm cannot implement the transaction before notifying and obtaining clearance from the Commission,” the European Commission said. Qualcomm announced the planned takeover in May as the U.S. company
BERLIN — China’s electric-vehicle makers, which have raced past foreign rivals to top sales rankings at home, are arriving in Europe – and facing a new set of challenges. Stereotypes of Chinese manufacturing, import costs, and a less developed EV market are just some of the issues Chinese brands such as BYD, Nio and SAIC’s
LONDON — Aston Martin said its DB12 Volante high-performance convertible will match the driving abilities of the recently launched DB12 coupe. The DB12 Volante has a fabric roof with a two-stage folding mechanism that Aston Martin says packs away compactly to maximize luggage capacity. It uses the same reworked version of the 4.0-liter, twin-turbo AMG-Mercedes
BYDCo., China’s largest electrified-vehicle maker, has signed a deal with Stingray, a Canadian music, media and technology company, to bring Karaoke into its vehicles. Stingray’s Karaoke product will be embedded as an app in the infotainment system of its popular models to be sold in a dozen countries later this year, BYD said last week,
BEIJING — Chinese battery giant CATL has launched a fast-charging lithium iron phosphate or LFP battery capable of running 400 km (248 miles) on a 10-minute charge. Mass production of the new battery called Shenxing is expected by the end of the year while electric vehicles equipped with Shenxing batteries will hit the market in
HANOI — Vietnam’s EV champion VinFast has managed to sell Wall Street on a Nasdaq listing that values the loss-making startup at more than $85 billion, almost twice as much as Ford or General Motors. Now comes the hard part: moving overseas growth out of the slow lane. VinFast needs to deliver more than twice
Electric vehicle startup Fisker said on Tuesday it signed a deal with Tesla to adopt its North American Charging Standard (NACS), giving Fisker customers access to the automaker’s Supercharger network by 2025. A plethora of automakers, including Ford Motor and General Motors are moving away from the standard Combined Charging System (CCS) connector to Tesla’s
LONDON — Former Aston Martin CEO Andy Palmer has joined Brill Power as chairman to help the British battery sensor maker build its business with major automakers and the energy storage industry, the company said. Brill Power is a spin-out from Oxford University and has developed sensors that can monitor and manage individual cells in
Japan is preparing for its second typhoon in a week as Typhoon Lan is forecast to make landfall Tuesday in central Japan near Osaka, the country’s second largest metropolitan area. It’s expected to take a path across the center of the country’s main island — a heavy industrial region with major automobile factories — before
PARIS — Renault‘s Banque division has agreed the sale of its Russian leasing subsidiary to Insight Investment Group, as major Western companies depart in the wake of Moscow’s invasion of Ukraine. “This divestment represents the final step in the withdrawal of RCI Banque SA from the Russian Federation, in line with the decision made by
Hyundai’s fifth-generation Santa Fe will offer a more spacious interior, updated convenience and safety technology and a new boxy styling. The Santa Fe has been completely recast from a family hauler to a “adventuremobile.” The decision, Hyundai says, derived from “big data” that revealed strong consumer interest in lifestyle trends such as “camping and gear-intensive
A patriotic call by BYD, China’s bestselling automaker, to band the industry together and “demolish the old legends” of the global market has gone viral, drawing both raves and a rebuke from a rival. BYD used an event this week to mark a production milestone to celebrate a bigger purpose: the emergence of China as
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