Tesla may have to raise wages in Germany if it wants to achieve its goal of hiring thousands of additional workers for its factory near Berlin, according to the country’s leading automotive labor union. IG Metall is getting reports from Tesla staff at the Gruenheide site who are complaining about inadequate or unequal wages, the
Maranello, ITALY — Ferrari has no plans to follow Lamborghini and Porsche, which quickly double their global sales after debuting their first SUVs. “The Purosangue will not account for more than 20 percent of the company’s sales, on average,” Ferrari marketing chief Enrico Galliera said here Thursday as the supercar maker revealed its plans for
Automotive News Europe honors the winners of the 2022 Rising Stars awards. Through July 13, the 19 winners will be featured. The Rising Star for Sales is Florian Aragon, who is Toyota Europe’s sales and aftersales performance director. For his full profile click here. The 2022 Rising Stars winners will be honored in Prague at
The European auto industry has been going though an unprecedented period of changes and challenges in the past three years. One of the top analysts helping investors navigate these choppy waters is Philippe Houchois of Jefferies. After working for an auto supplier in France and Detroit, Houchois became an automotive industry analyst at IHS, moving on
Volvo CEO Jim Rowan has made sweeping changes to his leadership team, naming two deputy CEOs and moving four of the 11 executives off the automaker’s highest management tier, as Volvo gears up to become an electric-only brand by 2030. It is the biggest personnel move made thus far by Rowan, a former Dyson Group executive,
Volkswagen Group faces mounting pressure to address allegations of human rights violations in the Chinese province of Xinjiang, where the German automaker operates a car factory. While there is no evidence that anyone has been mistreated at the VW plant, the company should carefully examine the accusations, said supervisory board members Joerg Hofmann, a labor
Manufacturers from Tesla to Volkswagen are pursuing self-driving cars. Ferrari is having none of it. The Italian supercar maker recently hosted a couple of artificial intelligence experts who wanted to pitch why Ferrari should embrace autonomous driving. CEO Benedetto Vigna instead invited them to take a spin in a Ferrari on the company’s Fiorano racetrack.
BERLIN — Audi has filed a lawsuit in a Munich court against Chinese electric vehicle maker Nio over an alleged infringement of the Volkswagen Group subsidiary’s trademark rights, German newspaper Handelsblatt reported on Thursday. Audi believes that Nio’s decision to name two of its models ES6 and ES8 infringes on Audi’s trademark for its S6
Volkswagen Group and its Porsche unit have agreed to a class-action settlement worth at least $80 million to resolve claims it skewed emissions and fuel economy data on 500,000 Porsche vehicles in the U.S., court documents show. The settlement, filed in U.S. District Court in San Francisco, must be approved by a federal judge and
PARIS — The software-defined, connected car will fundamentally alter the relationship between automakers and their customers, Renault CEO Luca de Meo said, with opportunities to make the car better at the end of its life cycle than at the beginning. “I believe it will really change the experience of owning a vehicle,” de Meo said
The UK said it would scrap the last remaining subsidies for electric cars, saying the move would free up cash to expand the charging network and encourage sales of other battery-powered vehicles, such as vans, taxis and motorcycles. The £300 million ($349 million) grant-funding program has closed to new orders, the Department for Transport said.
Ford Motor is recalling 48,924 Mustang Mach-E crossovers in the U.S. following a safety defect that could cause the electric vehicle to lose power. In addition to the recall, Ford has issued a stop-sale on the Mach-E, according to a memo to dealers issued Monday. Under the new orders, retailers are not allowed to complete
PARIS — Valeo will supply Stellantis with its third-generation Scala lidar to enable SAE Level 3 autonomous driving in the automaker’s models, starting in 2024. Valeo and Stellantis did not offer financial details of the contract or on which cars will get the system, but said it would appear on “multiple models” across Stellantis’ brands.
Russia will spend 30 billion rubles ($526 million) this year to boost domestic production of car parts and replace imports, Deputy Prime Minister Yury Borisov told RBC TV on Monday. His comments to RBC were reported by Interfax. Russia’s top automaker AvtoVAZ resumed production of its best-selling Lada Granta model on June 8, after partially
The digital revolution is transforming every aspect of auto industry, and as one of the world’s biggest tech players, Google is among the companies that is driving this transition. Google’s automotive products include cloud services, Android operating systems, maps and advertising, among others. A key member of Google’s team in Europe is Christian Richter, the
SEOUL — Production at Hyundai’s biggest factory complex fell by half on Thursday because of component shortages caused by a truckers’ strike in South Korea, a union official at the automaker said. The automaker’s Ulsan plants operated at about 50 percent to 60 percent of capacity due to parts procurement issues caused by the strike.
Russia’s Industry Ministry expects car sales to halve in 2022 as the country’s automobile industry grapples with supply issues, a senior official said. “We saw a sharp fall (in car sales) in April and May,” Tigran Parsadanyan, deputy head of the ministry’s automotive and railway engineering department, said on Thursday. “We expect that some 750,000
Ferrari plans to significantly expand its factory in northern Italy as part of the electrification strategy it will unveil during a highly anticipated briefing next week, according to people familiar with the matter. The automaker has snapped up space near its Maranello plant and started clearing the way for a third production line that will