Small SUVs widen lead over small cars; EVs increase share in key segments

The supplier hired Hau Thai-Tang, who held major product development and purchasing roles at Ford before retiring last year.

The EV maker will outline “the path to a fully sustainable energy future for Earth” during its March 1 investor day, Musk tweeted.

ZF's safety division generated 3.8 billion euros in revenue in 2021 and had a market share of around 25 percent of global sales of passive safety equipment.

VW’s full order books in Europe will support sales through the first half, finance boss Arno Antlitz said, but as more cars go on sale, it will be more difficult to pass on increased costs from higher input prices.

Workers representatives want Ford to avoid layoffs before 2032 and for product development staff in Germany to remain part of the automaker's global development landscape.

The number of shared Renault/Nissan dealerships operated by outside investors will be doubled by 2025, boosting margins, Renault CEO Luca de Meo said.

German startup Vay is using “teledriving,” which involving humans remote-controlling cars from physical steering stations miles away, as an intermediate step to full autonomy.

UK new-car sales rose to 131,994 in January as EV demand jumped 20 percent.

Tesla bucked the downward trend by boosting volume through price cuts.

BYD said it is more interested in building its own plants rather than acquiring other companies’ factories as it expand in Europe.