Automakers Renault's third-quarter revenue falls 8% Renault said it had taken market share in Europe, helped in part by sales of vehicles such as its Zoe full-electric small hatchback. Automakers Daimler lifts 2020 profit outlook as Mercedes margins rebound Subscription Required Automakers Automakers will be worse hit by hard Brexit than COVID-19, Moody's says Automakers Tesla manager overseeing German plant construction leaves position, report says Automakers Tesla's release of new 'self-driving' software closely watched by U.S. regulator Suppliers Continental explores sale of turbocharger business, report says Subscription Required Automakers VW gains market share in China despite 10% sales fall in first three quarters Automakers Fiat 500 EV will start at 19,900 euros in Italy, including incentives Automakers Renault's made-in-China Dacia EV angers French unions Suppliers Continental offices searched in VW diesel probe German prosecutors are investigating the company's role in supplying engine components for a VW diesel engine that breached emissions limits and masked excessive pollution using illegal software. Suppliers Continental to post third-quarter loss after restructuring expenses The supplier said it would take a goodwill impairment of 649 million euros ($770.6 million) in its vehicle networking and information division as it does not see vehicle output picking up over the next five years. Suppliers VW-backed battery maker Guoxuan eyes 100 gWh capacity by 2025 The Chinese company says it will have annual battery building capacity of 28 gigawatt hours this year and is considering setting up production bases in Germany and the U.S. Subscription Required Automakers Tesla nets $331M for 5th straight quarterly profit The automaker is sticking to its target of delivering half a million vehicles this year. Automakers Cruise, GM to seek U.S. approval for vehicle with no pedal or steering wheel Cruise unveiled the Origin, which only has two long seats facing each other that can comfortably fit four passengers, in January. GM plans to begin building the Origin in Detroit in late 2021 or early 2022. Subscription Required Automakers Italian sports-car brand De Tomaso will move to U.S. as it plans revival De Tomaso will build its P72 sports car in America and is "deep" in discussions with multiple states as potential locations for its U.S. operations, the company said. Subscription Required Blogs Volvo's digital chief tackles self-driving challenges Volvo Chief Digital Officer Odgard Andersson had an interesting answer when asked how to make a vehicle's software robust enough to eventually take full control of driving. Subscription Required Automakers Volvo's 2021 production plans safe, top exec says Volvo Cars Chief Technology Officer Henrik Green says the automaker’s plans for next year remain on track, barring any unexpected setbacks caused by the coronavirus pandemic. He also outlined Volvo's battery localization strategy during an interview with Automotive News Europe. Mobility Uber offers more than $1B to buy Daimler, BMW's Free Now, report says Daimler is ready to sell but BMW wants to offer Uber a stake, Manager Magazin reported. Suppliers LG Chem mulls Europe, U.S. expansion to meet EV battery demand New EV launches by European automakers and rising sales of new mobile devices helped to lift the supplier's quarterly earnings to a record. Load More Sign up for free newsletters Europe Breaking News Alerts (as needed) Europe Daily Summary (weekdays) The Long Read (monthly) Interview of the Month (monthly) Supplier Spotlight (monthly) Focus on Electrification (monthly) Latest Launches (monthly) Analyst's View (a few times a month) Segment Analysis (monthly) Europe By The Numbers (monthly) EMAIL ADDRESS Please enter a valid email address. Please enter your email address. Please select at least one newsletter to subscribe. You can unsubscribe at any time through links in these emails. For more information, see our Privacy Policy.
