Cars built in the UK with a high content of parts from Japan and Turkey could face tariffs when exported to EU markets from Britain.
Lynk & CO, a joint venture of Volvo Cars and Geely Automotive, is promoting a "membership" plan, at 500 euros a month. The brand has adapted the 01 compact SUV for Europe with a new interior and electrified powertrains.
The supplier also said it’s considering asset sales as it deepens a restructuring started last year.
VW Group's future lies in becoming a digital company instead of an automaker with valuable brands and fascinating combustion-engine products that thrill customers, the automaker's CEO told shareholders.
CEO Herbert Diess reaffirmed VW Group's target of positive operating profit for the year, but he also faced questions on the emissions scandal at the automaker's annual meeting.
As the first leading European entry in the battery cell market, Northvolt has become a standard bearer of the European Union, which has financed its operations.
The trial could cause unease for VW Group and Audi if defendants or witnesses contradict VW's defense that top executives were unaware of engine manipulation uncovered by U.S. regulators five years ago.
The fourth quarter "is looking good," Seat's new chairman, Wayne Griffiths, said.
An optional small front-opening door will make access to the rear seat easier. The three-door version would be the third variant of the New 500, after a hatchback and convertible.
A review could result in technology partnerships for Lamborghini, Bugatti and Ducati. Other options include restructuring, a listing or a sale, VW Group executives told Reuters.
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