Europe's third-largest dealer group said it will shut 22 stores after deep price cuts to offload used-car inventory pushed the UK chain to a first half loss of 32 million pounds ($40 million).
Jaguar Land Rover could massively lower its costs under the wing of a cash-rich bigger partner such as BMW, Bernstein analysts said.
The struggling automaker has invited private equity and trading firms to bid for Nissan Trading, which distributes vehicle parts, Bloomberg reported.
Nissan, Renault, Fiat and Volkswagen posted double-digit sales declines in Europe during August as the region suffered the aftereffects of last year's introduction of WLTP tests.
Wolf-Henning Scheider sees a "tremendous" amount of engineering work to be done before the first robotaxis appear on public roads.
The Honda e, Porsche Taycan Turbo and Volkswagen ID3 were among the Frankfurt auto show hits, as selected by reporter Larry P. Vellequette. There were misses, too.
China sales at Volkswagen dipped in August but the automaker continues to outperform General Motors, which posted another double-digit decline in volume.
VW is basing its electric makeover on a simple mantra: Bring what it calls carbon-neutral mobility to the global mass market at an affordable — yet still profitable — price.
The model will be phased out slowly as BMW focuses on battery and plug-in technology on its other models, while also launching new full EVs.
The Swedish supplier said the manufacturing contract was with an unidentified "world-leading" automaker and is likely the first time a thermal camera will be used as a sensor on a self-driving car.
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