Europe’s push for its auto industry to go all-electric poses risks to employment and vehicle affordability, EU Internal Market Commissioner Thierry Breton said, urging automakers to keep making combustion cars. “I respect the fact that some are deciding to accelerate toward a 100 percent electric offer, but I also encourage manufacturers to continue to produce… Continue reading EU’s Breton pushes continued need for combustion engines – Automotive News Europe
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Tavares says Europe’s EV drive comes with risks – Automotive News Europe
PARIS –The European Commission’s strategy to phase out combustion engines in favor of electric vehicles is a political choice that carries environmental and social risks, Stellantis CEO Carlos Tavares said in an interview with European newspapers. Since merging Fiat Chrysler and Peugeot-maker PSA Group, Tavares has mapped out a 30 billion euro ($34 billion) electrification… Continue reading Tavares says Europe’s EV drive comes with risks – Automotive News Europe
Share slump hits EV juniors – GoAutoNews Premium
SIX of the world’s electric vehicle players have lost a combined $US1 trillion ($A1.48t) in market capitalisation in the past 12 months in a trend that could mark the beginning of realistic company valuations and changing shareholder perceptions of EV manufacturers. The six companies – Tesla, Nio, Xpeng, Lucid, BYD and Rivian – are pure… Continue reading Share slump hits EV juniors – GoAutoNews Premium
Nissan, Renault talks should not be politicised, Macron says – Reuters
TOKYO, Nov 18 (Reuters) – The French government will not intervene in ongoing discussions over revamping the alliance between Nissan Motor Co (7201.T) and Renault SA (RENA.PA), French President Emmanuel Macron said in an interview with Nikkei Asia published on Friday. “We should not politicise this question,” Macron told the publication in the interview conducted… Continue reading Nissan, Renault talks should not be politicised, Macron says – Reuters
Mercedes signals robust results despite gloomy outlook – Businessamlive – BusinessAMLive
BY MIKE OCHONMA Mercedes still has its sights set on delivering solid returns next year even if the global economy continues to take a turn for the worse. “If we end up in an economically-challenged environment, our goal is to still, in that environment, produce robust financial results,” CEO Ola Kaellenius said in an interview… Continue reading Mercedes signals robust results despite gloomy outlook – Businessamlive – BusinessAMLive
BYD’s welcome in Europe worries local automakers – Automotive News Europe
With one daughter and another on the way, the Bentvelsens were in the market for a roomier car. Jerry, 34, grows cucumbers in Rotterdam and was familiar with China’s largest electric-vehicle maker from the family business using its commercial trucks. Next week, he and his wife Jessica, 33, take delivery of a black BYD Tang,… Continue reading BYD’s welcome in Europe worries local automakers – Automotive News Europe
How Mercedes-Benz CEO Ola Källenius is refocusing for an electric future – The Verge
Big plans to go all-electric by 2030 Share this story Photo Illustration by Grayson Blackmon / The Verge Mercedes-Benz CEO Ola Källenius became CEO in 2019 but has been working for Mercedes since 1993 in almost every part of the company. During that period, Mercedes spent time getting a lot bigger; the company famously merged… Continue reading How Mercedes-Benz CEO Ola Källenius is refocusing for an electric future – The Verge
GM’s Mary Barra Made Big Promises, And She’s Starting to Deliver – Newsweek
GM’s Mary Barra Made Big Promises, And She’s Starting to Deliver Newsweek Go to Source
Ex-Daimler boss Dieter Zetsche tapped for new auto-focused SPAC – Automotive News Europe
January 21, 2022 05:36 AM Zetsche will head 4th automotive-focused special purpose acquisition company from Kesington Capital Bloomberg BLOOMBERG Zetsche left Daimler in 2019. Kensington Capital, whose blank-check companies have already taken public QuantumScape and Wallbox has tapped former Daimler chief Dieter Zetsche as vice chairman for a fourth automotive-focused special purpose acquisition company. Its… Continue reading Ex-Daimler boss Dieter Zetsche tapped for new auto-focused SPAC – Automotive News Europe
Jim Irsay dismisses “perception” that Jeff Saturday hire skirts spirit of Rooney Rule – NBC Sports
Getty Images The decision of Colts owner Jim Irsay to go outside the current coaching staff for an interim head coach technically complies with the Rooney Rule, but only because the Rooney Rule doesn’t apply in those situations. (Yet.) If it did, Irsay wouldn’t have been able to just hand the reins to Jeff Saturday,… Continue reading Jim Irsay dismisses “perception” that Jeff Saturday hire skirts spirit of Rooney Rule – NBC Sports