The automaker will temporarily stop production of the Qashqai compact crossover and Leaf small electric car at its Sunderland plant.
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The EV will "democratize" advanced technology such as autonomous driving, VW says.
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The platform will underpin an electric replacement for the Alpine A110 and a Lotus EV.
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Multiple Alfa Romeo turnaround plans in the last 15 years have not worked. But Stellantis CEO Carlos Tavares said he will find ways to help the brand grow.
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