Subscription Required Automakers Hyundai set to turn Ioniq name into a global EV brand Hyundai plans to release three electric vehicles under the new brand in the next four years, starting in early 2021 with a midsize crossover. Subscription Required Automakers French laws turn Daimler into distressed seller of Smart factory Automakers U.S. judge denies bail to 2 men accused of aiding Ghosn escape Subscription Required News Analysis Designer's testimony fails to sway British court in Land Rover case Subscription Required Automakers Mitsubishi to halt Outlander, ASX shipments to Europe, source says Subscription Required Suppliers How Bosch is connecting the hardware and software dots Subscription Required Latest Launches Renault Clio hybrid provides more power, emits less CO2 than diesel siblings Suppliers Schaefflers had $35 billion fortune, then things unraveled Automakers UK-Japan auto tariffs to remain until 2026, report says Subscription Required Automakers Ferrari's first plug-in hybrid slowed by supply issues The SF90 Stradale plug-in hybrid was supposed to reach buyers in the first half of 2020, but supply chain issues have pushed that to the fourth quarter. The delay forced Ferrari to downgrade its revenue forecast. Automakers Four more former Audi execs indicted in diesel case Munich prosecutors have indicted three former board members and one retired department head, accusing them of fraud, false certification and criminal advertising. Automakers PSA mobility services unit can seek new investors PSA's mobility services unit, Free2Move, was recently spun off into a separate company. The new status grants it greater autonomy to develop its own apps and opens the way to seek outside funding. Automakers Karma accused of stealing U.S. rival’s plans VLF Automotive, co-founded by former GM executive Bob Lutz, filed a suit in California claiming that the Chinese EV startup tried to cut it out of a potential partnership to produce a "luxury Humvee" SUV. Automakers Nissan, unions agree to delay Barcelona plant closing The facility was to close by the end of this year as part of Nissan's cost-cutting plan. Striking workers who walked off the job in May agreed to return to production lines on Aug. 24. Subscription Required Automakers Toyota manages quarterly profit despite sales plunge Toyota’s 13.9 billion yen ($129.4 million) operating profit comes as virtually all major Japanese players – Nissan, Honda, Subaru, Mazda and Mitsubishi – slumped to operating losses in the quarter. Subscription Required Automakers Audi cuts e-tron's U.S. price by $8,800, improves range In a sign of the challenges facing incumbent EV makers in the wake of Tesla's success, Audi is lowering the price of its first battery-electric crossover to $66,995, including shipping, while increasing the EPA-estimated range from 204 to 222 miles. Subscription Required Automakers PSA makes strides with U.S. mobility services As PSA reintroduces the Peugeot brand in North America after nearly three decades, the automaker will take a digital-first approach, U.S. boss Larry Dominique said. Subscription Required Suppliers BorgWarner swings to $98 million loss in Q2 CEO Fred Lissalde, in a better-than-expected quarterly report, said BorgWarner will be building integrated drive modules for Ford's all-electric Mustang Mach-E crossover. Automakers EV charging stations pass 1 million mark globally The number of points has doubled in three years, with Europe and China having the leading infrastructure. The world could need a total of 12 million stations by 2030 to meet EV demand. 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.
