Toyota will launch Europe-only platform for hybrids, full EVs

The sedan will be unveiled as a concept car at the Beijing auto show in April and will then most likely be launched as the second model in Toyota's new bZ series of EVs.

The CEO offloaded another 934,000 shares, advancing toward the goal of selling 10 percent of his stake in the electric car maker.

The Volvo-affiliated automaker released a revealing teaser image of its much-anticipated Polestar 3 crossover, set to debut in 2022.

The European Union executive launched legal action in 2017 against Italy for failing to police allegations of emissions-test cheating by Fiat Chrysler.

The factory will begin building cars underpinned by BMW's electric-focused New Class architecture in 2025.

Toyota Europe hopes the Corolla Cross will help it reach its goal of 400,000 sales in the popular segment.

Chinese electric-vehicle startup Nio signed up oil giant Royal Dutch Shell to jointly construct battery swap stations for electric vehicles in Europe and China.

Foxconn will provide software, electronics and the electrical architecture for the new EVs, while the car will be built on a chassis licensed from BMW, Bloomberg reported.

The chip shortage and Covid remain issues, but a dealer group says there are more than 100,000 orders that will be delivered in 2022. VW's Spanish brand Seat slipped to eighth place for the month.

The former Jaguar Land Rover executive was recruited in mid-2020 as part of a management shuffle to help the automaker navigate a slump in sales due the coronavirus outbreak.