@VW Group: French financial market regulator AMF approves takeover bid for Europcar004246

Wolfsburg, London, Amsterdam, November 23, 2021 – The Volkswagen Group, together with its partners Attestor Limited and Pon Holdings B.V., has reached an important milestone in the planned acquisition of Europcar: The French financial market regulator Autorité des marchés financiers (AMF) today approved the takeover offer of Green Mobility Holding S.A. for the shares of… Continue reading @VW Group: French financial market regulator AMF approves takeover bid for Europcar004246

Autocar confidential: Renault’s battery decisions, still no Audi RS8 and more

This week, we asked Audi if there’s any plans for an RS version of the A8 saloon, talked to Rolls-Royce CEO Torsten Müller-Ötvös about EV chargers and found out why the new Range Rover is the perfect vehicle for a global pandemic. But first, we caught up with Renault’s engineering boss to find out what their… Continue reading Autocar confidential: Renault’s battery decisions, still no Audi RS8 and more

Rivian will start trading today after an I.P.O. valuing it at nearly $70 billion.

Rivian, a maker of electric trucks and vans, is going public at a stock price that values the company at nearly $70 billion, a remarkable number that highlights the belief on Wall Street that the fast-growing electric vehicle market is still a wide-open field. In a securities filing on Tuesday, Rivian said it was selling… Continue reading Rivian will start trading today after an I.P.O. valuing it at nearly $70 billion.

Ford drops plans for EV with Rivian, showing faith in its own tech

Ford Motor Co.’s decision to scrap plans to develop an electric vehicle with Rivian Automotive Inc. is a sign of the Dearborn automaker’s confidence and focus on the electrification race, experts say. Rivian made a splash last week on Wall Street with the biggest initial public offering of the year, surpassing the market capitalizations of traditional… Continue reading Ford drops plans for EV with Rivian, showing faith in its own tech

The Next Frontier for Car Rental Companies is Sharing Cars

The car rental industry has proven to be resilient throughout the past few years, weathering global lockdowns, supply chain issues, and changing consumer demands. This is a mature industry that continues to survive recessions and adapt to a changing mobility landscape. Despite the challenges that came with the pandemic, there have been some notable wins… Continue reading The Next Frontier for Car Rental Companies is Sharing Cars

Autos & Transportation · 1:12 PM UTCVolkswagen board executive committee to discuss CEO Diess’ future on Tuesday – sourcesVolkswagen’s supervisory boa…

Volkswagen CEO Herbert Diess at Volkswagen’s electric car plant in Zwickau, Germany, June 23, 2021. REUTERS/Matthias Rietschel/File Photo BERLIN, Nov 22 (Reuters) – Volkswagen’s (VOWG_p.DE) supervisory board executive committee will meet on Tuesday to discuss the future of CEO Herbert Diess, sources said, confirming a report in Germany’s Frankfurter Allgemeine Zeitung (FAZ) earlier on Monday.… Continue reading Autos & Transportation · 1:12 PM UTCVolkswagen board executive committee to discuss CEO Diess’ future on Tuesday – sourcesVolkswagen’s supervisory boa…

‘The story is very rich’: Ghosn’s escape to freedom has come at a cost – The Guardian

Interview ‘The story is very rich’: Ghosn’s escape to freedom has come at a cost Jasper Jolly Ex-head of Renault and Nissan insists colleague held in Japan is innocent as he works to refute his own charges Carlos Ghosn in Lebanon, where he is living the life of a free man. Photograph: Hussein Malla/AP Carlos… Continue reading ‘The story is very rich’: Ghosn’s escape to freedom has come at a cost – The Guardian

Skoda sees chip supply shortage stabilising in second half of 2022

Skoda Auto is in the process of significantly scaling back its production over the coming weeks due to the shortage of semiconductors. The Czech carmaker is working closely in collaboration with its social partner KOVO and suppliers to overcome the current challenges. Thomas Schafer, CEO, Skoda Auto elaborated how the impact of the shortage was… Continue reading Skoda sees chip supply shortage stabilising in second half of 2022

New Volkswagen T-Roc facelift turns up the tech

The Volkswagen T-Roc has been given a mid-life update. A refreshed version of the Golf-sized SUV will go on sale in the UK in spring 2022, with prices starting from around £22,500. What’s more, the T-Roc Cabriolet and hot T-Roc R versions will remain. The T-Roc has proved a popular model for Volkswagen, with more… Continue reading New Volkswagen T-Roc facelift turns up the tech