Sales of battery-electric vehicles were up 24 percent for the month; plug-in hybrid sales increased by 20 percent, and Chinese automakers MG, BYD and Chery had impressive gains.
VW, BMW and Mercedes will unveil EVs and concept cars in an effort to recapture relevance in the world’s largest and most volatile auto market.
CEO Denis Le Vot says Dacia has carefully calibrated what features compact SUV buyers want in the Bigster, which features 48-volt mild-hybrid powertrains and new comfort features.
The automaker has short-listed two internal candidates and has also interviewed three external candidates, people familiar with the matter said.
Investors had pushed back against the pay proposal, saying it was undeserved after a year in which Stellantis lost sales and market share, and bled billions in cash.
Stellantis Chairman John Elkann will be a speaker at the Automotive News Europe Congress on June 11-12 in Turin.
Axing the two Renault-based models will allow Mercedes to focus its commercial vehicles lineup on the more profitable midsize and large segments.
An agreement on minimum prices for Chinese EVs exported to Europe would end a dispute just as President Donald Trump has embarked on a trade war with some of the United States' closest trading partners.
VW, BMW and Mercedes will unveil EVs and concept cars in an effort to recapture relevance in the world’s largest and most volatile auto market.
While the U.S. automotive tariffs did not begin until after the first quarter ended, VW’s results offer an early look at the wide-ranging impact of President Donald Trump’s levies on the industry.
Stellantis said the drop was partly due to product transition and lower light commercial vehicle sales in Europe.
Polestar CEO Michael Lohscheller said the automaker, which is part of billionaire Li Shufu’s auto empire, has decided on a different setup in the world’s largest auto market.
