Douglas A. Bolduc

Lynk & CO, Rolls-Royce and Polestar had quadruple- or triple-digit gains in May. Meanwhile Cupra, MG, Bentley, Dacia, Hyundai and Kia had double-digit percentage increases in in an overall European market that was down by 13 percent.

The Peugeot 208 was Europe's No. 1 seller for May, becoming the first model to hold on to the top spot for two consecutive months this year. Peugeot sold 18,369 units of the small hatchback, a gain of 15 percent from the same period last year.

Toyota models appeared 53 times in the top 10 rankings of 30 European markets through four months.

Automotive News Europe honors the winners of the 2022 Rising Stars awards. The Rising Star for General Management is Sebastian Grams, who is managing director of Audi Sport.

Automotive News Europe honors the winners of the 2022 Rising Stars awards. The Rising Star for Marketing Communications is Bettina Fetzer, who is Mercedes-Benz's vice president communications and marketing.

Automotive News Europe honors the winners of the 2022 Rising Stars awards. The Rising Star in the Digital category is Philipp Engler, who is BMW Group's product assembly lead for shop floor IT systems.

Automotive News Europe honors the winners of the 2022 Rising Stars awards. The Rising Star for Cybersecurity is Olivier Doit, who is global chief information security officer at Stellantis.

Automotive News Europe honors the winners of the 2022 Rising Stars awards. The Rising Star for General Management is Jeroen Decleer, who is senior vice president off-highway drive and motion systems at Dana.

The deal includes approximately $640 million from Gores Guggenheim, a special purchase acquisition fund (SPAC) with the remaining $250 million coming from institutional investors.

Automotive News Europe honors the winners of the 2022 Rising Stars awards. The Rising Star for Electrification is Damir Cindric, who is chief battery systems engineer at Rimac Technology.

Automotive News Europe honors the winners of the 2022 Rising Stars awards. The Rising Star for Connectivity is Timo Bularczyk, who is head of global IT operations at Mercedes-Benz Mobility.

The EV maker -- a Volvo subsidiary -- and the Gores Guggenheim SPAC expect to start trading on the Nasdaq in New York on Friday.

CEO Swamy Kotagiri says the supplier's content per vehicle is poised to rise sharply in electrified vehicles for products such as all-wheel-drive systems, while Magna's new battery enclosures business is forecast to reach sales of more than $1.5 billion by 2027.

Automotive News Europe honors the winners of the 2022 Rising Stars awards. The Rising Star for Communications is Florian Büngener, who is Hyundai Europe's head of public relations and communications.

Automotive News Europe honors the winners of the 2022 Rising Stars awards. The Rising Star for Sales is Florian Aragon, who is Toyota Europe's sales and aftersales performance director.