Europe

Toyota is benefiting from a shift toward more fuel-efficient powertrains in Poland, where overall sales rose 21 percent in January. Demand for hybrids such as the Japanese automaker’s Yaris Cross, Yaris and Corolla boosted the powertrain’s sales 67 percent to 7,820 units last month, according to figures from Dataforce. That increased Poland’s hybrid market share
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BERLIN — Munich-based startup Sono Motors has abandoned plans to produce a partly solar-powered car dubbed the “Sion” and will instead focus on building solar panels for third-party vehicles, the company said in a statement. Founded in 2016, Sono began trading on the NASDAQ in November last year in a bid to attract early-stage investors
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SUNNYVALE, California — Mercedes-Benz unveiled a new operating system that will underpin the luxury automaker’s next-generation vehicles. MB.OS (Mercedes-Benz Operating System) combines in-house software development with technology collaborations to improve four key areas: infotainment, automated driving, body and comfort, and powertrain systems. “We are the architects of the system,” Mercedes-Benz Chief Technology Officer Markus Schaefer
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SHANGHAI – Volkswagen Group’s joint venture with China’s SAIC Motor has appointed Jia Jianxu, a veteran executive at the state-owned Chinese automaker, as its new general manager. Jia has more than 20 years of experience in the auto industry and was in charge of SAIC’s European market expansion, according to SAIC-VW’s statement. Both automakers have
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STUTTGART — Investment and other tools to accelerate the industrial transition to a decarbonized future are welcome, but trade barriers are not, Mercedes-Benz CEO Ola Kallenius said, referring to the U.S. Inflation Reduction Act. “Trade barriers, please no,” he said during a news conference on the automaker’s full-year results. With $369 billion of subsidies largely
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Volkswagen brand is raising the prices for models with combustion engines by an average of 4.4 percent, the automaker’s dealers in Germany have been told. VW said “significant cost increases in the procurement of raw materials, energy and equipment” was the reason for the price hikes in a letter to dealers obtained by Automotive News
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Volvo will not follow Tesla and Ford in lowering prices for its electric vehicles anytime soon. The automaker is seeing robust demand for its full-electric models, Chief Financial Officer Johan Ekdahl said in an interview Thursday. “We feel comfortable in our pricing strategy and will not engage in price wars,” Ekdahl said. Ford last month
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BERLIN — Volkswagen Group will speed up its shift to electric cars and revamp its software strategy in a five-year investment plan presented by management to the supervisory board on Friday, the automaker said in a statement. VW’s supervisory board discussed how to rejig the automaker’s production network to accelerate the move to cleaner driving,
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Ford is radically changing its business model in Europe in a bid to become sustainably profitable in the region. The automaker is dropping the Focus compact car and Fiesta small hatchback as it shifts to a smaller, all-electric passenger car lineup. It’s also axing thousands of jobs — many of them product development staff —
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Renault Group is in discussions with Volvo Trucks to collaborate on the French carmaker’s new FlexEVan electric van project that will help it compete with Stellantis in Europe, according to people familiar with the matter. Talks with Volvo Trucks, which is the parent company of Renault Trucks and is the world’s second-biggest truckmaker, are continuing and
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