Automakers Daimler CEO warns of big loss from hard Brexit The Mercedes maker will lose hundreds of millions of euros if the UK leaves the EU without a trade deal, Daimler boss Ola Kallenius said. Automakers 'Extremely damaging' no-deal Brexit would cut Bentley profits, CEO says Subscription Required On the Move Magna names Kotagiri CEO; Don Walker to retire at year's end Subscription Required Automakers Renault adds full-hybrid option to Captur SUV range Automakers Renault aims to produce a 'mini Ferrari' with its Alpine subbrand Subscription Required Automakers Polestar's new COO boosts brand's autonomous driving expertise Subscription Required Blogs How the Paris auto show is going on without visitors Automakers BMW joins Daimler getting boost from speedy auto-sales recovery Automakers Tesla targets Germany, France for China-built Model 3 sedans Subscription Required Automakers BMW to end Mini Countryman output at Nedcar plant BMW said Nedcar will continue to make the Mini Cabrio and BMW X1. Suppliers LG Chem CEO discloses JV talks with automakers The battery maker has already announced joint ventures with GM and Geely and hopes also to expand its partnership with Tesla. Automakers Renault draws on French government-backed loans Chairman Jean-Dominique Senard did not say how much Renault used of the 5 billion euros available. He said the group had ample liquidity and that it had drawn down on the facility only to make the most of the tools at its disposal. Sales by Market Europe new-car sales rise 1% in first gain of 2020 Registrations rose 1.1 percent in September, helped by increases in Italy and Germany -- two of the major countries offering incentives to support EV purchases -- that offset slumping demand in Spain and France. Subscription Required Automakers BMW plug-in hybrids recalled due to fire risk in Samsung battery The models span BMW's extensive range of plug-in hybrids, from the 2-Series Active Tourer to the 7-Series flagship sedan, and are "mostly" in Europe. BMW would not reveal the name of the battery supplier, but U.S. authorities say it is Samsung. Automakers Nikola CEO says startup OK even if GM deal unravels Talks between the two companies are ongoing, but if a tentative technology-sharing and manufacturing deal announced last month falls apart, Nikola will revert to a "base plan" without GM's help, CEO Mark Russell said. Automakers Daimler posts $3.6 billion operating profit in Q3 on sales recovery, cost cuts CFO Harald Wilhelm said in a preliminary earnings statement that the automaker expects positive momentum to continue in the fourth quarter. Subscription Required Latest Launches Renault Megane eVision shows future of brand's compact cars CEO Luca de Meo said the show car is very close to the final version of the electric vehicle, which will go into production in France starting late next year. Automakers Fisker closes deal for Magna to build its SUV Magna is slated to build the Ocean SUV in Austria, marking the Canadian supplier's first entry into contract manufacturing for an EV startup. Subscription Required Automakers Lexus will drop 3 models in Europe to focus on SUVs Toyota's premium brand said that the CT, IS and RC will no longer be available once stocks in the region are depleted. 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.
