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Geely premium automaker Lynk looks to further European growth

Lynk & Co, a carmaker jointly owned by China's Geely and Volvo Car, plans to open its first showroom in France by early 2024 and to expand in Europe, including Britain, its CEO and founder... | May 23, 2023

Austria , France , China , Switzerland , Norway , Spain , Belgium , Sweden , Italy , United-states , London , City-of

LVMH and Stellantis provide donations for Italian flood recovery

Luxury goods group LVMH
and carmaker Stellantis have each donated 1
million euros to support flood relief efforts in
northern Italy, the Emilia-Romagna region said on Monday.
Floods... | May 22, 2023

Emilia-romagna , Italy , Italian , Alvise-armellini , Jan-harvey , Stefano-bonaccini , Ferrari , European-union , Reuters , Formula-one , Keith-weir ,

Ontario to offer more money for Stellantis to resume battery plant

TORONTO, May 19 -
The Ontario government on Friday offered to increase
financial support for carmaker Stellantis's battery
plant in the... | May 19, 2023

United-states , Ottawa , Ontario , Canada , South-korea , Germany , Toronto , American , German , Steve-scherer , Denny-thomas , Deepa-babington

BMW aims to also build new class of EVs in China from 2026

German luxury carmaker BMW aims to produce its new class of electric vehicles in China as well as Europe from 2026, requiring an investment of around 1.3 billion euros, BMW production chief Milan... | May 18, 2023

China , Rene-wagner , Sarah-marsh , Bmw-ag-stock-exchange , Ews , Nformation , Ress-release , Erman , Uxury , Armaker , Mw

Hyundai Europe CEO: we won't take a "knee-jerk reaction" to Tesla

Hyundai Motor Co's European chief said the carmaker was not making a direct change to its pricing in response to Tesla's price cuts, adding consumers needed reassurance that prices wouldn't go up... | May 17, 2023

Waldersee , Sachsen-anhalt , Germany , Munich , Bayern , Joseph-white , Europe-michael-cole , Hyundai-motor-co , Motor-co-chief-executive , Reuters-automotive-conference , Victoria-waldersee , Rachel-more

European car sales rise in April - ACEA

European new car registrations increased in April, data from the region's carmaker association showed on Wednesday.... | May 17, 2023

United-kingdom , Britain , Bartosz-dabrowski , European-union , European-automobile-manufacturers-association , European-free-trade-association , Rachel-more , Madeline-chambers , Bmw-ag-stock-exchange , Ews , Nformation , Ress-release

Tesla proposes new EV plant in India for domestic sales, exports -source

Tesla Inc has
proposed setting up a factory in India to build electric cars
for domestic sale and export, the carmaker told government
officials on Wednesday, according to a source with... | May 17, 2023

India , China , New-delhi , Delhi , Bengaluru , Karnataka , Elon-musk , Aditi-shah , Tesla-inc , Reuters , Varun-vyas , Rashmi-aich

Tesla restarts India market talks with new factory proposal - source

Tesla Inc has
proposed setting up a factory in India to build electric cars
for domestic sale and export, the carmaker told government
officials on Wednesday, according to a source with... | May 17, 2023

China , Bengaluru , Karnataka , India , United-states , Elon-musk , Narendra-modi , Tesla-inc , Reuters , Indian-prime-minister-narendra-modi , Varun-vyas , Rashmi-aich

Volkswagen brand to revamp core brand to boost returns -internal memo

German carmaker Volkswagen plans to introduce a revamp of its core brand aimed at increasing efficiency and boosting returns, an internal memo from VW brand chief Thomas Schaefer seen by Reuters... | May 17, 2023

Chris-reese , Madeline-chambers , Volkswagen-ag-stock-exchange , Ews , Nformation , Ress-release , Erman , Armaker , Olkswagen , Lans , O