Europe

Volvo says the new EX30 small electric SUV is aimed at younger buyers who want sustainable solutions inside their vehicles. To meet that desire, Volvo used recycled and renewable materials such as denim, flax and wool inside the brand’s entry model. The person who has played a key role in doing this is interior design
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STOCKHOLM — Autoliv is speeding up cost cuts, mainly in Europe, expecting to cut 6,000 jobs or 11 percent of its workforce, the world’s biggest maker of airbags and seatbelts said. The Swedish group said in a statement on Thursday that the measures across its operations included the closure of several sites in Europe, and
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MADRID — Tesla is in talks with the leaders of the regional government of Valencia in Spain to build a car factory, the Spanish newspaper Cinco Dias reported, citing unidentified sources close to the discussions. The company’s total investment in the factory could surpass 4.5 billion euros ($4.83 billion), the newspaper said in its report
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 Bosch is embracing software as the future of its North American mobility business, the company said during a briefing Thursday. New software-based automotive features, including wrong-way driving warnings, distracted driving sensing and rental fleet monitoring, were among the technology Bosch displayed at its Software Day. Bosch is reorganizing its Mobility Solutions unit into Bosch Mobility
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The California Department of Motor Vehicles has approved Mercedes-Benz’s automated driving system on designated highways under certain conditions without the active control of a driver. California is one of Tesla‘s largest markets, accounting for 16 percent of the automaker’s global deliveries last year, according to Reuters calculations. But Mercedes beat Tesla to become the first
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One of China’s top battery-makers reckons it has cracked a technology to provide even cheaper and more powerful packs for electric vehicles. Gotion recently unveiled a lithium-iron-manganese-phosphate battery — LMFP for short — which it says will power an EV for 1,000 kilometers (621 miles) on each charge. Until now, it’s largely the more expensive
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Europe’s car-financing businesses are trading in their cheap bonds for more expensive debt — which means higher car loan rates for customers. BMW, Mercedes-Benz and others sold 8.45 billion euros ($9 billion) in bonds in European markets last month, marking the biggest month for auto debt issuance in six years, according to data compiled by
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The chance to name a new car is precious, a billion-dollar branding exercise with decades of potential staying power. Many vehicles have names that have been around for 20-plus years — even when the underlying car has changed. The Porsche 911 was introduced in 1965, one year after Toyota unveiled its first Corolla. Making its
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Zhejiang Geely Holding Group is considering raising funds for the maker of London’s iconic black cabs, people familiar with the matter said, as the Chinese automaker looks to bolster its electric fleet. Geely may seek about 1 billion pounds ($1.2 billion) from private investors for London Electric Vehicle Company, the people said, asking not to
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HUNTINGTON BEACH, California — Volkswagen will add a long-wheelbase three-row version of the ID Buzz full-electric van to its European and North American lineups in 2024. The retro-styled ID Buzz, based on the VW Group’s MEB platform, debuted in Europe last year in passenger and commercial versions.  Buyers will have a choice of a rear-mounted,
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MILAN — Stellantis has expanded its family of battery-electric microcars with the debut of the Fiat Topolino. Fiat revealed the car’s name and a photo Wednesday but provided no technical details or the car’s price. The quadricycle is a close sibling to the Citroen Ami and the Opel Rocks-e. The Citroen Ami quadricycle was unveiled
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Bentley has named former Volvo styling head Robin Page its new director of design. Page will succeed Tobias Sühlmann, who will leave the Volkswagen Group subsidiary to pursue other opportunities, Bentley said in a release. Page, 51, will be responsible for defining Bentley’s design language as it transforms into an electric-only brand by 2030. Under
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Volkswagen Group and its Audi unit have agreed to an $85 million settlement in principle over violations of Texas environmental laws stemming from its diesel cheating scandal, Texas Attorney General Ken Paxton said on Thursday.  The settlement stipulates that the German automakers pay a civil penalty of $85 million for their unlawful actions, Paxton said. Earlier
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