Europe

ZUG, Switzerland — Siemens is considering acquisitions in electric-vehicle charging and building management software to accelerate growth at its Smart Infrastructure (SI) division, the company said. Siemens wants to expand its offerings and grow faster than rivals as drivers switch to EVs and office blocks and apartments become more connected, managing board member Matthias Rebellius
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Lamborghini has resurrected a storied nameplate from decades ago for one last ride before the Italian supercar company transitions to an all-electric future. The Lamborghini Countach LPI 800-4 pays homage to its famous predecessors built between 1974 and 1990, with their sharply angled wedge shape, sculpted rear and unusual doors. Originally designed by Bertone, posters
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When Dmitry Unagaev bought his first electric car five years ago, the purchase bewildered friends and neighbors in his hometown of Khabarovsk. But a lot has changed since then. Today, the city in Russia’s so-called Far East is full of battery-powered autos. “These cars are almost at every turn,” said Unagaev, 31, who owns an
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Lamborghini has appointed a veteran executive as the new CEO of Automobili Lamborghini America, the company’s biggest market. Andrea Baldi, 45, who has been with Lamborghini since 2010, most recently as director of the brand’s Europe/Middle East/Africa region, was named to the position this month, the company announced Thursday. Baldi succeeds Alessandro Farmeschi, 50, who
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MOSCOW — Russia plans to subsidize the purchase of domestically manufactured electric vehicles to stimulate demand and production. The use of electric cars in the oil and gas producing country has lagged far behind Europe and no EVs are made in Russia, but the government has ambitious production plans and is considering the financial stimulus
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BERLIN — Chipmaker Infineon Technologies said production outages at two of its plants had hit deliveries to core automotive clients, as the auto industry battles the worst supply crunch in three decades. Just as Munich-based Infineon was recovering from a winter storm that crippled its plant in Austin, Texas, a new wave of coronavirus infections
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TOKYO – The next-generation Toyota Land Cruiser will use a new lightweight, high-rigidity platform, downsized engines and suspension updates. Toyota launched the reworked Land Cruiser on Monday, calling it the 300 Series as the successor to the outgoing 200 Series that has been in production since 2007. The updated version rides on a new GA-F
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PARIS — Registrations in France plummeted by about 35 percent in July from the same period a year ago, according to data issued by country’s carmakers lobby, CCFA-PFA. Registrations were 115,713 last month, CCFA said. The French market is up by about 16 percent over the first seven months, the association said. The CCFA said
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Daimler released teaser pictures of the Mercedes-Benz EQE full-electric sedan. The EQE, an electric version of the E-Class will go on sale next year. It will debut at the IAA Munich auto show on September 6. The sedan uses Mercedes’ EVA electric platform that also underpins the EQS, the electric version of the S-Class that
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PARIS — A consortium led by Volkswagen Group has agreed with Europcar to launch a tender offer for the car rental company that values it at 2.9 billion euros ($3.4 billion) including debt. VW has teamed up with asset manager Attestor Limited and Dutch mobility group Pon Holdings for the deal. The consortium is proposing
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Robert Bosch is considering closing a plant in Munich that makes components for cars powered by internal combustion engines, local newspaper Muenchner Merkur said on Sunday. Germany’s coming transition from combustion to electric cars will lead to “considerable overcapacity and the need for adjustment,” according to a company spokeswoman cited by the newspaper. Demand for
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