Europe

MILAN — Fiat’s new 500 full-electric minicar will have an entry price of 19,900 euros ($23,550) in Italy, including a 6,000-euro government incentive. Fiat will start selling three versions of the minicar this weekend, including two premium configurations. The automaker will offer two expensive versions at 23,700 euros and 25,200 euros, including the incentive, Olivier
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Volvo Cars Chief Technology Officer Henrik Green says the Swedish automaker’s plans for next year remain on track, barring any unexpected setbacks caused by the ongoing pandemic. He also outlined Volvo’s battery localization strategy during an interview with Automotive News Europe Managing Editor Douglas A. Bolduc. Has the pandemic forced Volvo to adjust any of
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BARCELONA – Renault Group will unveil an eight-year plan next year as the automaker contends with a demand slump exacerbated by the coronavirus crisis, CEO Luca de Meo said in an interview with a Spanish newspaper. De Meo had flagged last month that Renault might have to dig deeper than the 2 billion euros ($2.3
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PARIS — Dacia will introduce the Spring electric minicar first for short-term rental ventures, as it tests the market for a low-cost EVs built in China.  The Spring, shown during an online event Thursday, is a version of the Renault K-ZE developed for the Chinese market and now sold there by Renault Group’s joint-venture partner,
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BMW Group will stop making the Mini Countryman in the Netherlands when the current model finishes, moving output of the premium compact SUV’s successor into one of its own factories, the company said. “Unfortunately, we are unable to comply with VDL Nedcar’s request for the production of the Mini Countryman successor,” BMW said in statement
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FRANKFURT — European lawmakers should promote electric car charging infrastructure as aggressively as they seek to lower CO2 emissions, Daimler’s labor boss, Michael Brecht, said. Automakers have warned that European Commission proposals to cut average new car emissions in 2030 by 50 percent below 2021 levels threaten manufacturing jobs, which are heavily dependent on assembling
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BMW is on track to meet its full-year targets after a recovery in auto sales led by China helped the company weather the coronavirus pandemic. The automaker will meet both its full-year forecasts and the European Union-mandated CO2 targets this year, Chief Financial Officer Nicolas Peter said Thursday. He cited a boon from China, where
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OSLO — Electric cars will likely make up 90 percent of Volkswagen Group’s sales in Norway next year and could completely replace diesel and gasoline engines in the Nordic country by 2023, the automaker’s local importer said on Wednesday. The debut last month of Volkswagen’s highly anticipated ID3 model vaulted it to the top of
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ESSEN/BERLIN/FRANKFURT — Germany on Tuesday downplayed hopes for a state bailout of the ailing steel unit of money-losing conglomerate Thyssenkrupp. Along with rivals, Thyssenkrupp Steel Europe, Europe’s second-largest steelmaker after ArcelorMittal, has been plagued by high raw material costs, weak demand from the car industry and cheap Chinese imports. The comments by Economy Minister Peter
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Matthias Mueller, the former CEO of Volkswagen Group, has been named chairman of Piech Automotive, an electric-car startup run by the son of former VW Group Chairman Ferdinand PIech. Mueller is one of a number of high-profile figures involved in Piech Automotive, which was founded by Toni Piech and Rea Stark Rajcic, a Swiss designer and entrepreneur.
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Tesla Inc. has agreed to acquire German ATW Automation, a supplier assembling battery modules and packs for the auto industry, a person familiar with the transaction said Friday. ATW, a subsidiary of Canadian ATS Automation Tooling Systems Inc., was on the brink of liquidation due to a slump in orders, German media reported in September.
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The first thing noticeable about the new board that will preside over the combination of Italy’s Fiat Chrysler Automobiles and France’s PSA Group is the distinctly global, non-automotive profile of the new independent directors. Which makes sense because the nonsensical name of this combined company — Stellantis — offers zero identity with anything automotive. But
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Thyssenkrupp plans to cut 800 jobs at its automotive system engineering activities. In announcing the move, the German steel supplier warned that the car market remained extremely challenging. “We don’t expect output figures in the auto industry to return to pre-crisis levels for at least two to three years,” Ingo Steinkrueger, head of Thyssenkrupp System
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PARIS — Symbio, the joint venture between Michelin and Faurecia to develop hydrogen fuel-cell powertrains, has landed a contract to supply components for PSA Group light-commercial vans.  The company already supplies fuel-cell stacks to Renault, which at the end of last year started selling electric versions of the small Kangoo and large Master vans with
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BRUSSELS — Fiat Chrysler Automobiles and PSA Group have offered concessions to address EU antitrust concerns about their plan to create the world’s fourth-biggest automaker, a European Commission filing showed on Friday. The EU antitrust enforcer temporarily halted its investigation into the deal in July while waiting for the companies to provide requested data. It
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