Opel to add PSA model at Ruesselsheim plant, report says
FRANKFURT — Opel is planning to start building a compact car for French parent PSA Group…
BMW struggles to cut 5,000 jobs; may increase incentives
MUNICH — BMW may offer more incentives to workers to persuade them to leave and help…
Datsun’s Russia exit downsizes Ghosn’s ambitions
The decision to withdraw Datsun from Russia reverses the ambitious global growth plans for the brand…
Renault to announce 15,000 layoffs, union says
PARIS — Renault is poised to announce 15,000 layoffs worldwide on Friday as it unveils a…
Marelli secures $1.2B in finance to withstand crisis
MILAN — Marelli said on Wednesday it had secured additional capital and loans worth 130 billion…
Renault to cut 5,000 jobs in cost-cutting drive, paper says
PARIS — Renault plans to cut 5,000 jobs by 2024 to help save 2 billion euros…
Fiat Chrysler nears $6.9B state-backed loan, report says
MILAN — Fiat Chrysler Automobiles is close to securing a 6.3 billion-euro ($6.9 billion) credit facility…
Aston Martin’s Palmer said to step down as CEO
LONDON — Aston Martin CEO Andy Palmer is leaving the automaker as part of a management…
Hertz files for bankruptcy in U.S. after rental-car demand vanishes
Hertz Global Holdings filed for bankruptcy in Delaware after sweeping travel restrictions and the global economic…
Startup remakes Henry Ford’s production line for modern era
A German startup run by a former Audi engineer has received backing for his planned makeover of…
Automakers, suppliers raise $155B to weather coronavirus crisis
LONDON — Automotive industry borrowers have raised $155 billion amid the coronavirus outbreak as the pandemic…
Former Opel CEO Neumann says Israel has become a hotbed for mobility tech
In Germany, Karl-Thomas Neumann sees a country rooting its next-generation mobility culture around traditional cars. In…
UK offers automakers post-Brexit tariff boost
LONDON — The UK government will offer a degree of post-Brexit protection to the country’s auto…
Nissan’s survival plan for Europe: SUVs and sharing with Renault
TOKYO — Nissan is working on a plan to scale back its European business, focusing on…
Japanese automakers to keep spending on advanced tech
TOKYO — Toyota, Honda and Mazda all intend to keep stoking their heavy spending on costly…
Automakers seek new revenue streams from wireless services, upgrades
The dashboard, once the place where drivers checked their speed or changed the radio station, is…
Mercedes to halt U.S. production due to parts delay
Daimler is suspending production at a Mercedes-Benz SUV plant due to a shortage of parts supplied…
Nissan may build Renault SUVs at UK plant, report says
Nissan may build the Renault Kadjar and Captur SUVs at its plant in Sunderland, England, the…
Ford to resume engine output in UK, Spain
LONDON — Ford will restart output at its two British engine factories on Monday, which means…
Electric car sales in Europe jump, but still just 4% of market
FRANKFURT — Registrations of full-electric cars in Europe rose 58 percent to 130,297 in the first…
Brembo sees ‘significant’ coronavirus impact for rest of year
MILAN — Italian premium brakes maker Brembo said the crisis triggered by the coronavirus pandemic would…
Tesla sues California county to restart key plant
Tesla sued local authorities in California as the company tried to reopen a factory there and…
FCA, Renault-Nissan, PSA at risk of hard production hits
Coronavirus-related factory stoppages have affected every automaker, but some are suffering more than others, a new…
Lear stayed in the black during Q1
DETROIT — Lear managed to churn a profit in the first quarter of 2020 despite a…
Renault suspends production at French plant after a COVID-19 linked court order
PARIS — Renault has suspended production at one of its French factories, following a court order…
German sales slumped 61% in April on virus impact
New-car sales in Germany fell 61 percent to 120,840 in April as showrooms were closed because…
Future Jaguars take shape as designers work from home
In the weeks since Jaguar Land Rover’s product development centers closed to help thwart the spread…
Long-term finance offers gain ground in UK
LONDON – Automakers selling in the UK are extending the length of finance agreements to four…
Tesla applies to become UK electricity provider, paper says
Tesla has applied for a license to supply electricity in the UK, a British paper reported….
Jaguar Land Rover puts 40% of U.S. staff on paid leave
Jaguar Land Rover’s North American arm is putting about 150 employees — 40 percent of its…